What would a 1948 farthing be equivalent to today?

A 1948 farthing, which was a British coin worth one-quarter of a penny, would be worth only a small fraction of a penny today, as it was discontinued in 1960 and is no longer in circulation. In terms of purchasing power, its value would be significantly diminished due to inflation. Adjusting for inflation, its equivalent value in today's money would be less than a penny, making it largely a collector's item rather than a functional currency.