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During the time of Sir Isaac Newton, Master of the Mint, the gold guinea was fixed at 21 shillings (£1/1/–) in 1717. After the French monetary reform of 1425, the gold half-noble (1⁄6th pound, 40 pence) was worth close to one Livre Parisis (French pound) or 20 sols, while the silver half-groat (2 pence, fine silver 1.798 g) was worth close to 1 sol parisis (1.912 g). The introduction of the larger French gros tournois coins in 1266, and their subsequent popularity, led to additional denominations in the form of groats worth four pence and half groats worth two pence. Halfpennies and farthings worth 1⁄2 and 1⁄4 penny respectively were also minted, but small change was more commonly produced by cutting up a whole penny. In practice, the weights of the coins were not consistent, 240 of them seldom added up to a full pound; there were no shilling or pound coins and these units were used only as an accounting convenience. The accounting system of dividing one pound into twenty shillings, a shilling into twelve pence, and a penny into four farthings was adopted