A “bob” is a slang term for “shilling” which is an old British currency. A shilling was equivalent to 12 pence and was the primary currency in England before the adoption of decimalisation in 1971. A bob is no longer legal tender in England, but collectors may be able to acquire shillings to complete their collections.
The value of a shilling is commonly referred to as “one bob” for nostalgic purposes, and these coins may often be seen for sale in antique stores or online. Depending on the condition of the coins, the value of a bob can range anywhere from a few pence to the hundreds of pounds depending on the rarity of the coin.
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What is a bob in English money?
In the United Kingdom, a bob is an old slang term for a shilling, which was a form of currency used before the introduction of decimal coins. A shilling, or bob, was equal to 12 pence and was equal to one twentieth of a pound sterling.
Being an old slang term, bob is not used to talk about money today as decimal coins have replaced it.
Is a bob the same as a quid?
No, a bob is not the same as a quid. A bob is a slang term for the old pre-decimal British shilling coin, which was worth 12 pre-decimal pennies. So, a bob was equal to 1/20th of a pound. Whereas, a quid is slang for the British pound which was worth 100 pre-decimal pennies.
Therefore, a quid was equal to five bob or 20 shillings. In modern British currency, a bob is not used and has been replaced by the pound and pence system. So a quid is equal to 100 modern British pence, meaning each quid is worth 5 times what a bob used to be worth.
How much is an English bob in US dollars?
The exact amount of an English bob in US dollars depends on the current exchange rate between the two currencies. As of February 2020, the exchange rate between British Pound Sterling and US Dollar is 1 GBP = 1.
22211 USD. Thus, 1 English bob (equivalent to 1 British shilling) would currently be worth approximately $1. 22 in US dollars.
What is 10 bob in pounds?
10 bob is equal to 0. 5 pounds. Bob is a British slang term for shilling. 1 bob is equal to 0. 05 pounds, so 10 bob is equal to 0. 5 pounds. Before the introduction of decimal currency in the UK in 1971, 12 pence made up a shilling.
As a result, 10 bob was also used to describe a half pound.
What is slang for bob?
Bob is an informal, friendly term that originated in the 19th century. The exact etymology is unclear, but many consider it to be a derivative of the Germanic word for “brother” or a nickname for the surname “Robert”.
It can be used as an informal form of address for anyone, but is most commonly used by close friends and family. In the UK and Australia, it is also commonly used in place of “mate” as a friendly term of address.
In American English, it has taken on a variety of slang meanings. It can be used to refer to a person whose name is unknown. It can refer to a silly or clumsy person, or as a term of endearment. It can also be a noun referring to doughnuts, or a verb meaning to make or ride a bicycle.
Why is a British Pound called a bob?
The term “bob” (or “bob-piece”) became slang in Britain during the late 1700s, referring to any silver coin with a denomination of shillings. At the time, the British Pound was made up of 20 shillings, so the bob represented 1/20 of a pound.
Over time, this term slowly evolved, eventually becoming a nickname for the British Pound itself. It also led to the use of other nicknames, such as “quid” for a Pound, “joey” for a half-crown, and “tanner” for a sixpence.
While the use of the term “bob” is now limited to a few very old sayings, it still remains a nostalgic reminder of the way people used to refer to money many years ago.
What does 2 Bobs mean?
2 Bobs is a saying that is used in some parts of the UK when describing something that is incredibly cheap. It originated during the 18th century when casual laborers would be paid two British shillings, which was also known as “two bob”.
The saying then became popular to describe anything that was very inexpensive or of low quality. So, when someone says something costs “2 Bobs” they mean to say it is very affordable and likely low quality.
Where does the term bob for money come from?
The term “bob” for money most likely originates from the English coin known as a “bob” or “bob-piece”. Until the mid-1800s, these coins were widely used in England and Scotland. They were first introduced in England during the reign of King Charles II (1670-1685) and were originally worth one shilling.
The term “bob” may be derived from the Latin phrase “Be it enacted,” which was featured prominently on coins of this type. Over time, the term “bob” became slang for money in general. This slang was well established by the mid-19th century, appearing in numerous British novels and other literary works.
The term is still used today in parts of the UK and other Commonwealth countries, particularly to refer to a small denomination of local currency.
How many shillings is a bob?
A bob is a slang term for a shilling, an Old British currency. Although shillings are no longer in circulation today, twelve shillings equalled one pound when the currency was in use. Therefore, a bob was the equivalent of twelve shillings.
As ten pence is equal to one shilling today, it means that a bob is equal to one hundred and twenty pence.
What amount is a bob?
A bob is a slang term that is used to refer to one shilling, which was a form of currency used in the United Kingdom until it was replaced by the decimal system in 1971. One bob is equal to 12 pence, or 1/20 of one pound.
Although decimal currency is now the official currency of the UK, the term ‘bob’ is still commonly used in daily conversation when referring to money.
What is another word for shillings?
A shilling is another word for a unit of currency, typically used in the past. The word most commonly used today as a replacement for shillings is “pounds” or, more specifically, “pence,” which refers to British pounds (or pence).
Irish shillings also replace the term “punt” in most descriptions. Coins known as groats and half-groats have also been used in Scotland as a form of shilling.
