Subject:
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Re: Educate me!
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Newsgroups:
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lugnet.loc.uk
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Date:
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Thu, 2 Dec 1999 19:55:19 GMT
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Viewed:
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454 times
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On Wed, 1 Dec 1999 20:04:17 GMT, Larry Pieniazek uttered the following
profundities...
> However your explanation doesn't explain why it's a "pound STERLING"...
Guessing time. Transition from the "salt" standard, to
silver standard?
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Message has 1 Reply:
 | | Re: Educate me!
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| Pretty good guess. A quick search on www.eb.com then reveals... "the basic monetary unit of Great Britain, divided (since 1971) decimally into 100 new pence. The term is derived from the fact that, about 775, silver coins known as "sterlings" were (...) (25 years ago, 2-Dec-99, to lugnet.loc.uk)
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Message is in Reply To:
| | Re: Educate me!
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| (...) Not just in the UK, that apparently was an empire wide thing, although I hadn't heard the bit about it being one pound's worth. Salt and Salary have the same latin root. Now you know why. However your explanation doesn't explain why it's a (...) (25 years ago, 1-Dec-99, to lugnet.loc.uk)
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