Collection of 12 British Penny Coins, All Different, Victoria, Edward, George V & VI and Elizabeth

 Collection of 12 British Penny Coins, All Different, Victoria, Edward, George V & VI and Elizabeth

 Collection of 12 British Penny Coins, All Different, Victoria, Edward, George V & VI and Elizabeth

Collection of 12 British Penny Coins, All Different, Victoria, Edward, George V & VI and Elizabeth

The kingdoms of England and Scotland were merged by the 1707 Act of Union to form the Kingdom of Great Britain. The exchange rate between the pound scots and the English pound sterling had been fixed at 12:1 since the Union of the Crowns in 1603, and in 1707 the pound scots ceased to be legal tender, with the pound sterling to be used throughout Great Britain. The penny replaced the shilling of the pound scots.