No, it's not 23p, it's 87.5p!
"Seventeen and six" is "seventeen shillings and sixpence" (which could have been written as "17/6" or "17s 6d"), and refers to the British pre-decimal monetary system of pounds, shillings and pence. There were twenty shillings to a pound, and twelve pennies to a shilling.
When the currency went decimal in February 1971 (one hundred pence to the pound/ 100p = £1), equating shillings to the new system was fairly easy: they became equal to 5p (both being one-twentieth of a pound). So 10 shillings (for which there had been a bank-note) was replaced by 50p (a coin), for example.
The pennies didn't line up so well, given that under the old system there were 240 pennies to the pound, and now there were only 100 new pence (hence 2.4d = 1p). Sixpence (6d) had been half a shilling (1s), and had had its own coin, but, converted to "new money", that amount became half of five pence (5p), thus was now a slightly ungainly 2.5p.
When Tintin offers "seventeen and six", that is 17 shillings + 6 pennies; this converts to decimal currency as (17 x 5) + 2.5 = 85 + 2.5 = 87.5 pence (or, if you prefer, ((17 x 12) + 6)/2.4 = 87.5)
One of the reasons that the now seemingly random figure of "seventeen and six" might have been picked is that it is 2 shillings and sixpence less than a pound, and "two-and-six" (2s 6d) was an eighth of a pound.
While it seems cumbersome now, especially when compared to decimal systems, the "pounds, shillings and pence" system has a
massive advantage over the latter, in so far as it can be divided up accurately in
far more ways than "100 pennies" can be - thirds and sixths and eighths and twelfths, as well as halves and quarters and tenths, and so on.
There were for many years notes for the pound and for ten shillings, and coins for five shillings (called a "crown") and two shillings and sixpence (the "half-crown").
As a regularly available coin the crown was discontinued in 1965, and the half-crown in 1969, but at the time the Methuen book appeared in 1958, both - especially the half-crown - were still in circulation; so, rather than 17/6 being an irregular amount, made up of lots of change, it was effectively as standard fraction of a pound (three-quarters, to be precise) which Tintin could have paid with just a note and couple of coins.
Following decimalization, as the half-pence coin became worth less and less in value, it was eventually withdrawn (just as the Euro's cent coin already has in some if not all countries of the Euro Zone). So, were he to try and pay for the ship
now, and assuming that the seller still wanted only the direct equivalent of 17s6d, Tintin would either have to round the amount to the nearest even number (88p), or haggle the man down to 87p - either way, a bit of a bargain!
You might wonder why "17s 6d" or "17/6"as the shortened form?
This goes back to the use of Latin in the Middle Ages, and the system was denoted as "Libra solidus denarius" or "L.s.d" (pounds, shillings and pence). The "£" symbol is in fact a fancy capital "L", and the typographic symbol "/" is correctly called a "solidus" (not a forward-slash), hence the abbreviation "17/6".
In
Alice's Adventures in Wonderland, the Mad Hatter's hat has a piece of paper tucked into the band, with the legend "In this style 10/6" written on it - this means the hat would have cost 10s 6d, or 52.5p in new money.
This
also seems to be a rather random figure, until one knows that there was a British gold coin called a guinea.
Initially this was worth £1; however, the value of the gold in the coin meant that the face value remained the same, but the worth of the coin went up and down as the price of gold rose and fell. Eventually, the value of a guinea was fixed at twenty one shillings (a shilling more than a
sovereign (20s), which became the
de facto pound coin, even though it too was made of gold, and the value went up and down, etc.).
For most practical purposes the pound was used as the basis for all transactions, but in certain areas - such as tailoring, horse-racing, live-stock sales, medical bills and property deals - the guinea persisted even into decimalization, perhaps to denote "poshness". The Hatter's topper is therefore priced at half a guinea.
To add slightly to the confusion, the Royal Mint
still produces a coin called a crown from time to time, to celebrate historic occasions, for example such as a Royal jubilee. This is a decimal coin, and you could, if you wanted, spend it in a shop - however, the fact that versions are often minted in gold or silver (meaning the material value is often higher than the specified denomination of the coin) makes using them in this way
highly unlikely.
Increasing the muddle, decimal crowns produced up until the middle of the nineteen-nineties had a face value of 25p, corresponding to its pre-decimal role as a five-shilling coin...
...But since that time, any crowns produced have been revalued, and they now have a face value of £5 (and
no, you can't spend a pre-revaluation crown today and say it is now worth a fiver!).
The situation is muddied further by the fact that given these special coins are often worth more as a collectible (especially the silver and gold versions which often get issued) that their "real" value as currency, so a rare "25p" coin might be worth more than a modern "£5" coin...
Confusing, eh?
Note: For more "Fun & Games with Pre-decimal money!", see the dicussion in
this thread.