An introduction to the historical use of shells and beans for buying and selling. Roman and Tudor coins are then introduced before moving on to our present day decimal coinage. The presenter shows each coin and note, and explains how many pennies they are equivalent to and how inconvenient it would be to carry around large numbers of pennies. He finishes by showing a £50 note next to its equivalent of 5,000 pennies.

This clip is from:
The Maths Channel, Money
First broadcast:
15 June 2007

Questions to ask in a class discussion: "When do you think the decimal system of coins was invented? What was used before £ and p?" Simple conversions can take place involving old pence, shillings and £. How are the different items shared in the clip different to the coins we use today? At a travel agents, money needs to be exchanged all the time. Using a role-play area, get the children to exchange their different notes for a smaller denomination. What are the fewest number of coins they can have? What are the most number of coins?