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 20:47:08 GMT
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Viewed:
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583 times
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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 issued in
the Saxon kingdoms, 240 of them being minted from a pound of
silver, the weight of which was probably about equal to the later
troy pound.
"
Um, I find it strange that they refer to the year simplay as "775" - no AD or
BC...
Kev
P.S. In a similar vein, I was surprised to see that the symbol used for the
Italian Lira in Italy is "£"...
In lugnet.loc.uk, Richard Dee writes:
> 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?
> --
> _____________________________________________________________
> richard.dee@nospam.virgin.net remove nospam.(lugnet excepted)
> Web Site: http://freespace.virgin.net/richard.dee/lego.html
> ICQ 13177071 AOL Instant Messenger: RJD88888
> _____________________________________________________________
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Message is in Reply To:
 | | Re: Educate me!
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| On Wed, 1 Dec 1999 20:04:17 GMT, Larry Pieniazek uttered the following profundities... (...) Guessing time. Transition from the "salt" standard, to silver standard? (25 years ago, 2-Dec-99, to lugnet.loc.uk)
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