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List Of British Bank Notes And Coins
List of British banknotes and coins, with commonly used terms. Coins Pre-decimal Prior to decimalisation in 1971, there were 12 pence (written as 12d) in a shilling (written as 1s or 1/-) and 20 shillings in a pound, written as £1 (occasionally "L" was used instead of the pound sign, £). There were therefore 240 pence in a pound. For example, 2 pounds 14 shillings and 5 pence could have been written as £2 14s 5d or £2/14/5. The value of some coins fluctuated, particularly in the reigns of James I and Charles I. The value of a guinea fluctuated between 20 and 30 shillings before being fixed at 21 shillings in December 1717. These are denominations of British, or earlier English, coins – Scottish coins had different values. ''Notes:'' Image:1915-half-sov-reverse.png, 1915 half sovereign Image:1560-61HalfPoundBM.jpg, 1560–61 halfpound, one of the first English milled coins Image:TwoGuineas1740.jpeg, 1740 Two guineas Decimal Since decimalisation on "Decimal Day ...
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Pound Sign
The pound sign is the symbol for the pound unit of sterling – the currency of the United Kingdom and previously of Great Britain and of the Kingdom of England. The same symbol is used for other currencies called pound, such as the Gibraltar, Egyptian, Manx and Syrian pounds. The sign may be drawn with one or two bars depending on personal preference, but the Bank of England has used the one-bar style exclusively on banknotes since 1975. In Canada and the United States, "pound sign" refers to the symbol (number sign). Origin The symbol derives from the upper case Latin letter , representing ''libra pondo'', the basic unit of weight in the Roman Empire, which in turn is derived from the Latin word, ''libra'', meaning scales or a balance. The pound became an English unit of weight and in England became defined as the tower pound (equivalent to 350 grams) of sterling silver. According to the Royal Mint Museum: However, the simple letter L, in lower- or uppercase, was use ...
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Maundy Money
Royal Maundy is a religious service in the Church of England held on Maundy Thursday, the day before Good Friday. At the service, the British monarch or a royal official ceremonially distributes small silver coins known as "Maundy money" (legally, "the King's Maundy money") as symbolic alms to elderly recipients. The coins are technically legal tender, but typically do not circulate due to their silver content and numismatic value. A small sum of ordinary money is also given in lieu of gifts of clothing and food that the sovereign once bestowed on Maundy recipients. The name "Maundy" and the ceremony itself derive from an instruction, or , of Jesus Christ at the Last Supper that his followers should love one another. In the Middle Ages, English monarchs washed the feet of beggars in imitation of Jesus, and presented gifts and money to the poor. Over time, additional money was substituted for the clothing and other items that had once been distributed. Beginning in 1699 the mona ...
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Gold Penny
The gold penny was a medieval English coin with a value of twenty pence (i.e. pound sterling). Until the reign of King Henry III of England (1216–1272), any need in England for coins worth more than one penny, at the time a silver coin, was met by the use of Byzantine or Arabic gold and silver coins which circulated among merchants and traders. However, as commerce increased, so did the need for higher value coins. In 1257, Henry instructed his goldsmith, William of Gloucester, to produce a coinage of pure gold. The gold penny was introduced, with a value of twenty pence. The coin's obverse showed the king enthroned, in his royal attire, with a scepter in his right hand and a ''globus cruciger'' in his left, with the legend HENRICUS REX III (King Henry III). The reverse contained a long cross extending to the edge, with a flower in each quarter, and the moneyer's name in the legend, thus WILLEM ON LVND (William of London). Some examples read LVNDEN or LVNDE instead of LVND. T ...
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Quarter Florin
The quarter florin or helm was an attempt by English King Edward III to produce a gold coinage suitable for use in Europe as well as in England (see also double leopard and leopard). The Helm, based on contemporary European gold coins had a value of one shilling and sixpence. However, the gold used to strike the coins was overvalued, resulting in the coins being unacceptable to the public, and the coins were withdrawn after only seven months in circulation, and eventually demonetised in August 1344, to be melted down to produce the more popular gold Noble. The obverse of the coin shows the royal helmet surmounted by a lion and cap; the legend is EDWR R ANGL Z FRANC D HIB (Edward King of England and France Lord of Ireland). The reverse of the coin shows a floriated cross with a quatrefoil in the centre; the legend is EXALTABITUR IN GLORIA ("He shall be exalted in glory", Psalm 112 Psalm 112 is the 112th psalm of the biblical Book of Psalms, a psalm "in praise of the virtuous" ...
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Shilling (British Coin)
The British shilling, abbreviated "1/-", was a unit of currency and a denomination of sterling coinage worth of one pound, or twelve pence. It was first minted in the reign of Henry VII as the testoon, and became known as the shilling, from the Old English , sometime in the mid-16th century. It circulated until 1990. The word ''bob'' was sometimes used for a monetary value of several shillings, e.g. "ten-bob note". Following decimalisation on 15 February 1971 the coin had a value of five new pence, and a new coin of the same value but labelled as "five new pence" or "five pence" was minted with the same size as the shilling until 1990, after which the shilling no longer remained legal tender. It was made from silver from its introduction in or around 1503 until 1946, and thereafter in cupronickel. Before Decimal Day in 1971, sterling used the Carolingian monetary system ("£sd"), under which the largest unit was a pound (£) divided into 20 shillings (s), each of 12 pence (d ...
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Sixpence (British Coin)
The British sixpence () piece, sometimes known as a tanner or sixpenny bit, was a denomination of sterling coinage worth of one pound or half of one shilling. It was first minted in 1551, during the reign of Edward VI, and circulated until 1980. The coin was made from silver from its introduction in 1551 until 1947, and thereafter in cupronickel. Before Decimal Day in 1971, sterling used the Carolingian monetary system (£sd), under which the largest unit was a pound (£), divisible into 20 shillings (s), each of 12 pence (d). Following decimalisation, it had a value of new pence (£0.025). In 2016, new decimal sixpences began being minted by the Royal Mint as commemorative issues to celebrate Christmas; these coins have been produced for each year since, and are minted in sterling silver. History The first sixpences were minted in 1551, during the reign of Edward VI. They came about as a result of the debasement of silver coinage in the 1540s, in particular the silver ...
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Member Of Parliament
A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members often have a different title. The terms congressman/congresswoman or deputy are equivalent terms used in other jurisdictions. The term parliamentarian is also sometimes used for members of parliament, but this may also be used to refer to unelected government officials with specific roles in a parliament and other expert advisers on parliamentary procedure such as the Senate Parliamentarian in the United States. The term is also used to the characteristic of performing the duties of a member of a legislature, for example: "The two party leaders often disagreed on issues, but both were excellent parliamentarians and cooperated to get many good things done." Members of parliament typically form parliamentary groups, sometimes called caucuse ...
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Economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, mathematical finance and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They assess ...
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Joseph Hume
Joseph Hume FRS (22 January 1777 – 20 February 1855) was a Scottish surgeon and Radical MP.Ronald K. Huch, Paul R. Ziegler 1985 Joseph Hume, the People's M.P.: DIANE Publishing. Early life He was born the son of a shipmaster James Hume in Montrose, Angus, who died shortly. He attended Montrose Academy, where he knew the older James Mill; and from 1790 was apprenticed to a local surgeon-apothecary, John Bale. Medical career Hume studied medicine at the University of Aberdeen and then the University of Edinburgh. He had as patron David Scott MP. Before he qualified, he saw wartime service as surgeon-mate on the hoy HMS ''Hawke''; and then was on the East Indiaman ''Hope'' for 18 months. In 1799 Hume sailed to India, nominated to the Bengal service by Jacob Bosanquet of the British East India Company. He worked his passage as medical officer on the ''Houghton''. Once there, he was commissioned as a surgeon to the 7th Sepoy Regiment. Gaining fluency in Hindustani and ...
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Groat (coin)
The groat is the traditional name of a defunct English and Irish silver coin worth four pence, and also a Scottish coin which was originally worth fourpence, with later issues being valued at eightpence and one shilling. Name The name has also been applied to any thick or large coin, such as the ''Groschen'' (''grosso''), a silver coin issued by Tyrol in 1271 and Venice in the 13th century, which was the first of this general size to circulate in the Holy Roman Empire and other parts of Europe. The immediate ancestor to the groat was the French '' gros tournois'' or groat of Tours, which was known as the ''groot'' (Dutch for "great" or "large") in the Netherlands. The name also refers to a range of other European coins such as those of the Italian peninsula known as a ''grosso'' including the grosso of Venice and the Kraków grosz in Poland. Marco Polo referred to the groat in recounts of his travels to East Asia when describing the currencies of the Yuan Empire. His descripti ...
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Keep The Aspidistra Flying
''Keep the Aspidistra Flying'', first published in 1936, is a socially critical novel by George Orwell. It is set in 1930s London. The main theme is Gordon Comstock's romantic ambition to defy worship of the money-god and Social status, status, and the dismal life that results. Background Orwell wrote the book in 1934 and 1935, when he was living at various locations near Hampstead in London, and drew on his experiences in these and the preceding few years. At the beginning of 1928 he lived in lodgings in Portobello Road from where he started his tramping expeditions, sleeping rough and roaming the poorer parts of London. At this time he wrote a fragment of a play in which the protagonist Stone needs money for a life-saving operation for his child. Stone would prefer to prostitute his wife rather than prostitute his artistic integrity by writing advertising copy. Orwell's early writings appeared in ''Adelphi (magazine), The Adelphi'', a left-wing politics, left-wing literary ...
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George Orwell
Eric Arthur Blair (25 June 1903 – 21 January 1950), better known by his pen name George Orwell, was an English novelist, essayist, journalist, and critic. His work is characterised by lucid prose, social criticism, opposition to totalitarianism, and support of democratic socialism. Orwell produced literary criticism, poetry, fiction and polemical journalism. He is known for the allegorical novella ''Animal Farm'' (1945) and the dystopian novel ''Nineteen Eighty-Four'' (1949). His non-fiction works, including ''The Road to Wigan Pier'' (1937), documenting his experience of working-class life in the industrial north of England, and ''Homage to Catalonia'' (1938), an account of his experiences soldiering for the Republican faction of the Spanish Civil War (1936–1939), are as critically respected as his essays on politics, literature, language and culture. Blair was born in India, and raised and educated in England. After school he became an Imperial policeman in Burma, ...
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