Puzzle in Reversals

Most people know that if you take any sum of money in pounds, shillings, and pence, in which the number of pounds (less than £12) exceeds that of the pence, reverse it (calling the pounds pence and the pence pounds), find the difference, then reverse and add this difference, the result is always £12, 18s. 11d. But if we omit the condition, "less than £12," and allow nought to represent shillings or pence--(1) What is the lowest amount to which the rule will not apply? (2) What is the highest amount to which it will apply? Of course, when reversing such a sum as £14, 15s. 3d. it may be written £3, 16s. 2d., which is the same as £3, 15s. 14d.

H. E. Dudeney, Amusements in Mathematics (1917) · No. 33