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In the 1890s, London, England, used the British pound sterling as its currency. The pound was subdivided into 20 shillings, with each shilling further divided into 12 pence, making a total of 240 pence in a pound. Coins commonly in circulation included sovereigns, half-sovereigns, shillings, and pence, while banknotes were issued by various banks, including the Bank of England. This system was part of the pre-decimal currency system that would not change until 1971.

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