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Gold Coast Ackey
The ackey was a currency issued for the Gold Coast by the British between 1796 and 1818. It was subdivided into 8 ''takoe'' and was equal to the British halfcrown, i.e., 1 takoe = 3 pence and 1 pound = 8 ackey. The currency consisted of silver coins in denominations of 1 takoe, , and 1 ackey. All coins bar the takoe carried the inscription "Free Trade to Africa by Act of Parliament 1750", commemorating the African Company Act 1750 which dissolved the Royal African Company and created the African Company of Merchants, which remained in existence while the ackey was in circulation. The name derived from the use of ackee The ackee, also known as ankye, achee, akee, ackee apple or ayee (''Blighia sapida'') is a fruit of the Sapindaceae (soapberry) family, as are the lychee and the longan. It is native to tropical West Africa. The scientific name honours Captain W ... (''Blighia sapida'') seeds for weighing gold dust; one ackee seed weighed about 20 troy grains (1.3 grams). ...
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Birmingham
Birmingham ( ) is a city and metropolitan borough in the metropolitan county of West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1.145 million in the city proper, 2.92 million in the West Midlands metropolitan county, and approximately 4.3 million in the wider metropolitan area. It is the largest UK metropolitan area outside of London. Birmingham is known as the second city of the United Kingdom. Located in the West Midlands region of England, approximately from London, Birmingham is considered to be the social, cultural, financial and commercial centre of the Midlands. Distinctively, Birmingham only has small rivers flowing through it, mainly the River Tame and its tributaries River Rea and River Cole – one of the closest main rivers is the Severn, approximately west of the city centre. Historically a market town in Warwickshire in the medieval period, Birmingham grew during the 18th century during the Mi ...
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African Company Of Merchants
The African Company of Merchants or Company of Merchants Trading to Africa was a British chartered company operating from 1752 to 1821 in the Gold Coast area of modern Ghana, engaged in the Atlantic slave trade. Background The company was established by the African Company Act 1750, and in 1752 replaced the Royal African Company which had been established in 1660. Unlike its predecessor, the African Company of Merchants was a regulated company, not a joint stock company: Clause IV of African Company Act 1750 stated: "That it shall not be lawful for the Company, established by this Act, to trade to or from Africa in their corporate or joint Capacity, or to have any joint or transferable Stock, or to borrow, or take up, any Sum or Sums of Money, on their Common Seal". The assets of the Royal African Company were transferred to the new company and consisted primarily of nine trading posts or factories: Fort William, Fort James, Fort Sekondi, Fort Winneba, Fort Apollonia, For ...
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Modern Obsolete Currencies
Modern may refer to: History *Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (for e ...
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Currencies Of Ghana
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "currency ...
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Currencies Of The British Empire
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "currenc ...
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Troy Grain
A grain is a unit of measurement of mass, and in the troy weight, avoirdupois, and apothecaries' systems, equal to exactly milligrams. It is nominally based upon the mass of a single ideal seed of a cereal. From the Bronze Age into the Renaissance, the average masses of wheat and barley grains were part of the legal definitions of units of mass. Expressions such as "thirty-two grains of wheat, taken from the middle of the ear" appear to have been ritualistic formulas, essentially the premodern equivalent of legal boilerplate. Another source states that it was defined such that 252.458 units would balance of distilled water at an ambient air-water pressure and temperature of and respectively. Another book states that Captain Henry Kater, of the British Standards Commission, arrived at this value experimentally. The grain was the legal foundation of traditional English weight systems, and is the only unit that is equal throughout the troy, avoirdupois, and apothecaries' syste ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium ( gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloro ...
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Ackee
The ackee, also known as ankye, achee, akee, ackee apple or ayee (''Blighia sapida'') is a fruit of the Sapindaceae ( soapberry) family, as are the lychee and the longan. It is native to tropical West Africa. The scientific name honours Captain William Bligh who took the fruit from Jamaica to the Royal Botanic Gardens in Kew, England, in 1793. The English common name is derived from the West African Akan ''akye fufo''. Although having a long-held reputation as being poisonous with potential fatalities, the fruit arils are renowned as delicious when ripe, prepared properly and cooked and are a feature of various Caribbean cuisines. Ackee is the national fruit of Jamaica and is considered a delicacy. Botany Ackee is an evergreen tree that grows about 10 metres tall, with a short trunk and a dense crown. The leaves are paripinnately, compound long, with 6–10 elliptical to oblong leathery leaflets. Each leaflet is long and wide. The inflorescences are fragrant ...
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Royal African Company
The Royal African Company (RAC) was an English mercantile ( trading) company set up in 1660 by the royal Stuart family and City of London merchants to trade along the west coast of Africa. It was led by the Duke of York, who was the brother of King Charles II and in 1685, York took the throne as James II. It was established after Charles II gained the English throne in the Restoration of 1660. While its original purpose was to exploit the gold fields up the Gambia River, which were identified by Prince Rupert during the Interregnum, it soon developed and led a brutal and sustained slave trade. It also extracted other commodities, mainly from the Gold Coast. After becoming insolvent in 1708, it survived in a state of much reduced activity until 1752 when its assets were transferred to the new African Company of Merchants, which lasted until 1821. History Background In the 17th century the settlements on the west coast of Africa, though they had an important trade of th ...
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George III Of The United Kingdom
George III (George William Frederick; 4 June 173829 January 1820) was King of Great Britain and of Ireland from 25 October 1760 until the union of the two kingdoms on 1 January 1801, after which he was King of the United Kingdom of Great Britain and Ireland until his death in 1820. He was the longest-lived and longest-reigning king in British history. He was concurrently Duke and Prince-elector of Brunswick-Lüneburg ("Hanover") in the Holy Roman Empire before becoming King of Hanover on 12 October 1814. He was a monarch of the House of Hanover but, unlike his two predecessors, he was born in Great Britain, spoke English as his first language and never visited Hanover. George's life and reign were marked by a series of military conflicts involving his kingdoms, much of the rest of Europe, and places farther afield in Africa, the Americas and Asia. Early in his reign, Great Britain defeated France in the Seven Years' War, becoming the dominant European power in North Americ ...
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African Company Act 1750
The African Company Act 1750 was an Act passed by the Parliament of Great Britain which dissolved the Royal African Company and created the African Company of Merchants The African Company of Merchants or Company of Merchants Trading to Africa was a British chartered company operating from 1752 to 1821 in the Gold Coast area of modern Ghana, engaged in the Atlantic slave trade. Background The company was estab ..., to whom the assets of the former were passed. The Royal African Company had been in financial difficulties for many years, but by 1747 these difficulties grew more acute. They also informed parliament in February of that year that it was incapable of defending its forts and castles against possible attack by the French. References External links An act for extending and improving the trade to Africa full text Great Britain Acts of Parliament 1750 Slave trade legislation African Company of Merchants {{UK-law-stub ...
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British Pound
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ...
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