Delta 0 Posted December 5, 2011 Report Share Posted December 5, 2011 I know this isn't entirely coin related but this is the only place I could think with people who may be able to ask. How much was a half penny worth in 1983 compared to the value of a penny from then today? or rather, does a penny today have less buying power than a half penny in 1983? How would I calculate this? Thanks for any help Quote Link to post Share on other sites
constanius 0 Posted December 5, 2011 Report Share Posted December 5, 2011 Check this LINK hope that helps. Edit: by using the above link In 2010, the relative worth of £1.00 from 1983 is: £2.63 using the retail price index £2.55 using the GDP deflator * Using average earnings. £4.30 using the per capita GDP £4.73 using the share of GDP By any of the above a present day(2010 latest figures) penny's buy power is less than a 1/2 penny in 1983. Quote Link to post Share on other sites
Delta 0 Posted December 5, 2011 Author Report Share Posted December 5, 2011 Thank you for the speedy and informative reply! Quote Link to post Share on other sites
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