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Money in 1923

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My Grandmother had a life insurance policy which was worth £11 and 4 shillings in 1923. The company has paid out now £11.23p. We have not cashed this cheque as we are trying to work out how much £11 and 4 shillings in 1923 would be worth now. Can anyone help or direct me to a website that can work out this conversion.

Many thanks.

A.

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