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TeachMeFinance.com - explain Maundy money historic definition... Maundy money -- Silver fourpenny, threepenny, twopenny and penny pieces specially struck (minted) each year in Great Britain for distribution as alms by the sovereign on Maundy Thursday the day before Good Friday. These coins never pass into circulation but are gathered up by numismatists. Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.