The Quarter Farthing was the smallest circulating coin of the British pre-decimal Pound Sterling, equal to 1/4 of a farthing, or 1/16 of a penny. There were 20 shillings to a pound, 12 pence to a shilling and 4 farthings to a penny, so 3,840 of these coins made up £1.
The coin was introduced in 1839 exclusively for use in Ceylon, but it is considered to be part of the British coinage, being made in the same style as the contemporary half-farthing. The half farthing was also made exclusively for Ceylon in the beginning, but was later made legal tender in the United Kingdom too; the quarter farthing, however, was not. It was roughly equal to a half duit or a half Indian pie.
The obverse of the coin was struck from the dies for Queen Victoria's Maundy twopence. The denomination was short-lived, and after a final proof-only issue in 1868 (in bronze, unlike the circulation coins which were copper) it was discontinued.
Quarter farthings were only struck as proofs in 1868, in bronze and not in copper like the earlier coins. This was the last year when coins of this denomination were struck. |