<story><title>Understanding British Money: What&apos;s a Quid? A Shilling? (2020)</title><url>https://www.iheartbritain.com/understanding-british-money-whats-a-quid-a-shilling/</url></story><parent_chain></parent_chain><comment><author>blackshaw</author><text>Fun fact: the 20p and 50p coins are Reuleaux heptagons[0]. This means that they have a constant diameter even though they&amp;#x27;re not circular, which means that they can be accurately sorted by vending machines.&lt;p&gt;[0] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;wikiless.org&amp;#x2F;wiki&amp;#x2F;Reuleaux_polygon?lang=en&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;wikiless.org&amp;#x2F;wiki&amp;#x2F;Reuleaux_polygon?lang=en&lt;/a&gt;</text></comment>
<story><title>Understanding British Money: What&apos;s a Quid? A Shilling? (2020)</title><url>https://www.iheartbritain.com/understanding-british-money-whats-a-quid-a-shilling/</url></story><parent_chain></parent_chain><comment><author>MarcScott</author><text>There are also coins called the Sovereign and Britannia, which are both legal tender, although not in general circulation. Both are minted from 24 carat gold. The Sovereign has a face value of 1 pound and I think the Britannia has a face value of 5. There actual value, on gold markets, is hundreds of pounds, and for a Britannia is over a thousand. Because they are legal tender, and could theoretically be used to buy a bottle of milk, they are exempt from VAT and capital gains tax, when buying or selling.&lt;p&gt;There&amp;#x27;s also enduring slang for some some values of cash, that doesn&amp;#x27;t necessarily have an accompanying bank note. A Pony for 25 pounds and a Ton for 100 is still fairly widely understood, but mostly heard these days in Guy Ritchie movies,.</text></comment>