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Irish pound - Facts, Information, and Encyclopedia Reference article |
 | | The Irish pound that appeared in 1928 was originally called the 'Saorstát pound' ("Free State pound") and was pegged to the Pound sterling; the currency was referred to as the 'Irish pound' from 1938 after the Constitution of Ireland changed the state's name. |
 | | The coin was almost identical in dimensions to the old penny coin that circulated before 1971, and was quite similar in diameter to, but thinner, than the half-crown coin. |
 | | During the early circulation of the coin, many payphone and vending machines which had been changed to accept the pound coin also accepted the old penny because of the similar size, the latter coin which was no longer legal tender and had little value to collectors. |
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