On Jun 9, 8:50 pm, 1506 wrote:
On Jun 9, 9:33 am, nessuno2001 wrote: Hello everybody,
do you know how much was a ticket for the London underground in the
early '60s?

In preparation for decimalisation in 1971, London Transport moved all
fares to be multiples of 6d, which had an exact conversion at 2.5p.
And they were one of the last organisations to make widespread use of
the half (new) penny before its abolition.

In doing this, they were one of the few large organisations to be
completely transparent about decimalisation. Most took the opportunity
to introduce a hidden price increase, even other nationalised
transport bodies. Scottish Omnibuses increased the fare from my home
town to the nearest city from 2s 3d (just over 11p) to 13p.

John

Part of the problem surely was the (UK) Ewe Kay's decision to
"decimalise" the Whole Pound, rather than what happened first in South
Africa, and later in Australia and New Zealand, where the "local
pound" was decimalised as the rand/Aussie-Kiwi dollar based on ten
shillings, i.e. "half a pound".

A "shilling" immediately became 10 cents, not 5p... six pence became 5
cents.

In the "dominions", the only awkward conversions involved the pennies
between one and four, and six and nine.

In NZ, the Decimal Currency Board (from memory!) had strict controls
on pricing guidelines when the switch was made on Monday 10 July 1967.

I personally prepared payroll for ~50 employees for payout on Tues 11
July '67... and had it paid out in cash with the "new" paper bills and
coinage.