Shillings, Crowns, and Guineas in “A Christmas Carol” (2024)

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Anthony Mungovan CPCU, FCLS, AIC, ARM Shillings, Crowns, and Guineas in “A Christmas Carol” (1)

Anthony Mungovan CPCU, FCLS, AIC, ARM

State Auto Large Loss Commercial Claims Adjuster

Published Dec 22, 2020

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Last night I was watching my favorite version of Charles Dickens’ “A Christmas Carol,” the 1951 British classic starring Alastair Sim. Seeing Ebenezer Scrooge repent of his miserly ways and become of man of compassion and generosity is a great story.

One thing that was never really clear to me was how much Scrooge was paying people? In today’s dollars, how much was an 1843 Shilling or Crown or Guinea worth? After doing various Google searches, I think I have arrived at reasonably accurate answers.

An 1843 Shilling was worth about $8.80 in today’s dollars. Scrooge offers to give a young boy one Shilling if he asks the local butcher to return to Scrooges house with the “prized Turkey,” a gift for Bob Cratchit. If the boy hurries, Scrooge offers to give him a half-Crown which is 2 Shillings and 6 Pence. Based on my internet searches, that equates to about $22.00 in today’s dollars. Not bad for a poor 8-year-old boy.

Then there’s Scrooge’s house maid. (A wonderful addition to the story told only in the 1951 movie.) She made a pitiful 2 Shillings a week or $17.60 in today’s dollars. (It appears she was a part-time worker.) After Scrooge’s transformation she got a Guinea on Christmas Day ($185 in today’s dollars) and a 500% pay raise. That equates to a take home pay of $88 a week in today’s dollars.

And finally, there’s Bob Cratchit. He made 15 Shillings a week working for Scrooge 60 hours a week. That equates to approximately $132.00 a week in today’s dollars. Assuming he got a 500% pay raise like the maid, his new weekly salary would be $660.00 a week in today’s dollars.

Of course, it’s difficult to compare the purchasing power of money in 1843 versus today. But we can rest assured that Scrooge’s generosity was a life-changing blessing to many people in need.

Merry Christmas!

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Lloyd Louks, OFS

Board of Directors at Marine Foundation of Indiana

3y

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After getting over the Chinese SARS-COVID virus in March 2019, wife and I recovered ready and eager to get back to work. Hers is a work-from-home via computer and Internet, while mine was part time transporter of rent-a-car vehicles which didn't had slowed dramatically. Being unemployed and bored left me with the strong urge to go somewhere, anywhere that I could be free. The extra $600 each week in unemployment was a real life saver and I used it to drive my POV to San Diego, then Fort Sill, Oklahoma, before returning home. Sometimes when you pray, help comes from unexpected directions. The Lord works in mysterious ways; thanks be to the Lord.

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Shillings, Crowns, and Guineas in “A Christmas Carol” (2024)

FAQs

How much was half a crown worth in 1843 worth today? ›

The half crown reappears toward the end of Dickens' Carol when a transformed Scrooge offers an “intelligent, remarkable and delightful boy” a half crown if he brings back the poulterer in less than five minutes. British 1843 half crowns catalog for $225 in Fine condition and $4,125 in Uncirculated.

How much is 15 bob in pounds? ›

We are told that Bob Cratchit kept his family on 15 shillings a week (equivalent to about £63 today or £3276 per year… although as everyone was earning substantially less in real terms, this should be scaled up to a more reasonable £30,000).

How many shillings were in a pound in 1850? ›

One pound was equal to 20 shillings, one shilling was equal to 12 pence, and so one pound was equal to 240 pence. Also, one guinea was equivalent to 21 shillings.

How many coins did Scrooge give to Cratchit? ›

In Charles Dickens A Christmas Carol, Ebenezer Scrooge paid his clerk Bob Cratchit 15 shillings a week. What is the present-day equivalent of those 15 shillings? The MeasuringWorth comparator gives two answers.

How much is a crown in shillings? ›

A crown equals five shillings. Situated between these two units is the half crown equal to two shillings and six pence. During colonial times the value of an item was often expressed in crowns.

How much is one shilling? ›

shilling, former English and British coin, nominally valued at one-twentieth of a pound sterling, or 12 pence. The shilling was also formerly the monetary unit of Australia, Austria, New Zealand, and Ireland. Today it is the basic monetary unit in Kenya, Somalia, Tanzania, and Uganda.

Why was a shilling called a bob? ›

There have been attempts to link its name to the famous politician Sir Robert Walpole. However, 'bob' also referred to a set of changes rung on church bells, which may provide one possible explanation for the name since the word 'shilling' comes from the Germanic word 'skell' meaning 'ring'.

How many shillings is a bob? ›

A 'bob' was the slang word for a Shilling, which was worth 12 old pennies. Following decimilisation in 1971, a Shilling was worth 5 new pence. The old 'ten bob note' (10 shillings) was the equivalent of 5 Florins, or 4 Half Crowns, or 2 Crowns. After decimilisation, it was worth 50p.

Is a shilling a pound? ›

Given: Pound (£). Shilling (s) – 20 shillings = 1 pound. Pence (d) – 12 pence = 1 shilling.

What did the D stand for in old money? ›

Pennies were, confusingly, abbreviated to 'd'. This is because the Latin word for this coin was 'denarius'. ob. A still smaller Roman coin was an 'obulus'. The abbreviation 'ob' was used for halfpennies.

What are six pennies called? ›

The sixpence (6d; /ˈsɪkspəns/), sometimes known as a tanner or half-shilling was a British coin. It was worth 6 pennies or ​2 12 new pence. It has not been produced since 1970.

Why are 12 pennies in a shilling? ›

Because, prior to 1971 when the UK adopted decimal currency with 100 “new pence” (symbolised as “p”) to the £1, there were 20 shillings to the £1, and 12 pence (symbolised as “d”) to the shilling. Thus there were 240d to the £1.

How rich was Ebenezer Scrooge? ›

Various people have ventured guesses at Scrooge's wealth. Forbes listed him as the sixth-richest fictional character with $8 billion in assets (namesake Scrooge McDuck was second with $29.1 billion, apparently all in gold coins stored in a giant vault).

Is Bob Cratchit poor or rich? ›

Bob Cratchit is quite poor. Dickens depicts him in tattered clothing, although Cratchit makes sure his clothes are clean and mended. Bob is poor because his wages are low and he has a large family to support.

What year is a Christmas carol set in? ›

The movie is set in the year 1843, the year that Charles Dickens wrote and published "A Christmas Carol." At the beginning of the film, when Scrooge signs Marley's death certificate, it is dated "1836." A caption tells that Scrooge's encounter with the spirits takes place, "Seven Christmas Eves Later," making it 1843.

What was half a crown worth in today's money? ›

Half a crown was two shillings and sixpence, and a shilling was equivalent to five new pence. So it equates to 12 and a half pence in today's money. If you find this answer helpful.

How much was a half crown worth in the US? ›

The two shillings and sixpence coin or half-crown was a " half dollar", also sometimes referred to as "two and a kick". The sixpence (6d) became 5 cents, the shilling (1/-) became 10 cents, the florin (2/-) became 20 cents, and the half-crown (2/6) became 25 cents.

How much is a dollar in 1843 worth today? ›

$100 in 1843 is worth $4,244.18 today

A dollar today only buys 2.356% of what it could buy back then. The inflation rate in 1843 was -9.76%.

How much was a Victorian crown worth? ›

Better Victorian Old Head Crowns

Victoria issued crowns with her “Old” or “Widow” Head between 1893 and 1900. They are large, impressive pieces made of Sterling silver and were worth today's equivalent of about £25.

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