Picture of a silver penny of David I, King of Scots. Represents the first "native" Scottish coinage, as in the first silver coinage to have a Scottish king's head on it.
The Penny Scots was a unit of the Pound Scots, the currency of Scotland until the Acts of Union 1707. The word "penny" (Scottish Gaelic: peighinn, but see below) was used in Scottish parlance for money generally; for example, a "penny-fee" was an expression for wages,[1] a "penny-maister" would be a town treasurer, and a "penny-wedding" was one where every guest contributed to pay for the event.[citation needed] Meanwhile, "penny-wheep" was particularly poor beer.[citation needed]
My riches a’s my penny-fee, And I maun guide it canny, O. —Burns, My Nannie, O[1]
The older Scottish Gaelic word for penny was peighinn. The modern form is sgillinn, literally shilling, which reflects the fact that at the Union with England in 1707, the exchange rate was fixed at twelve Pounds Scots to one Pound Sterling so one shilling Scots exchanged for one English penny.[2]
^ abMacKay, Charles (1888). "penny-fee". A Dictionary of Lowland Scotch. Boston: Ticknor and Co. p. 152.
^Meikle, Maureen. "Review of "Prices, Food and Wages in Scotland, 1550–1780". Albion: A Quarterly Journal Concerned with British Studies. 27 (4). North American Conference on British Studies: 724. JSTOR 4052591.
The PennyScots was a unit of the Pound Scots, the currency of Scotland until the Acts of Union 1707. The word "penny" (Scottish Gaelic: peighinn, but...
1707, the pound Scots was replaced by sterling coin at the rate of 12:1 (£1 Scots = twenty pence sterling), although the pound Scots continued to be used...
remains in use as a unit of account in some contexts. Penny is first attested in a 1394 Scots text, a variant of Old English peni, a development of numerous...
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Penny to pay for it. Feeling ashamed by his inability, Desmond left Penny, regardless of what she thought, and joined the Royal Scots Regiment. Penny...
obligations. The term scot comes from the Old English word sceat, an ordinary coin in Anglo-Saxon times, equivalent to the later penny. In Anglo-Saxon times...
began to issue paper money. In the 17th century Scots currency was pegged to sterling at a value of £12 Scots = £1 sterling. In 1707, the kingdoms of England...
"Fighting Scots Nickname and Famous Athletes". Monmouth Scots. May 25, 2012. Retrieved October 16, 2015. "Bronze Turkey". Monmouth Scots. May 25, 2012...
Kirkcaldy, which was set at two penniesScots, or one-sixth of a penny sterling (equivalent to £0.3 in 2023), on each Scots pint (about three imperial pints...
and second marriages, Margaret was the grandmother of both Mary, Queen of Scots, and Mary's second husband, Lord Darnley. Margaret was born on 28 November...
here and to have each a peck of meal and three shillings a penny and two-sixths of a penny, Scots, weekly: also, some malt, peats etc. The meal and money...
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