The pre-decimal penny (1d) was a coin worth one two-hundred-and-fortieth of a pound sterling. Its symbol was d, from the Roman denarius. It was a continuation of the earlier English penny, and in Scotland it had the same monetary value of one pre-1707 shilling. The penny was originally minted in silver, but from the late eighteenth-century onward it was minted in copper, and then after 1860 in bronze.