Beecher; lace arachne
Subject: Re: [lace] Monetary conversion site
Liz
Thank you for your reply.
The period is 1768, in Ipswich, Mass. Colony. So obviously we are talking
about the old pound. The text goes on to say he (at another time in the
same period) purchased 2 more skeins of thread
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Sent: Wednesday, July 30, 2003 1:20 AM
Subject: Re: [lace] Monetary conversion site
Hi Lorri,
In pre-decimal England, 12 pence equal 1 shilling and 20 shillings
equalled 1 pound. A debt of one pound three shillings and 4 pence was
the same as 23 and a quarter shillings, so at 18
The cost of the chintz was one pound, three shillings, four pence. This
would have been a comfortable debt to pay with lace valued at approximately
eighteen shillings per yard.
One pound = one pound
three shillings = 15 new pence
four pence = 1.6 new pence
Therefore it equals one pound, 16.6
