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Guineas
The guinea (; commonly abbreviated gn., or gns. in plural) was a coin, minted in Great Britain between 1663 and 1814, that contained approximately one-quarter of an ounce of gold. The name came from the Guinea region in West Africa, from where much of the gold used to make the coins was sourced. It was the first English machine-struck gold coin, originally representing a value of 20 shillings in sterling specie, equal to one pound, but rises in the price of gold relative to silver caused the value of the guinea to increase, at times to as high as thirty shillings. From 1717 to 1816, its value was officially fixed at twenty-one shillings. In the Great Recoinage of 1816, the guinea was demonetised and replaced by the gold sovereign. Following the Great Recoinage, the word "guinea" was retained as a colloquial or specialised term, even though the coins were no longer in use; the term ''guinea'' also survived as a unit of account in some fields. Notable usages included profe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horse Racing
Horse racing is an equestrian performance activity, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its basic premise – to identify which of two or more horses is the fastest over a set course or distance – has been mostly unchanged since at least classical antiquity. Horse races vary widely in format, and many countries have developed their own particular traditions around the sport. Variations include restricting races to particular breeds, running over obstacles, running over different distances, running on different track surfaces, and running in different gaits. In some races, horses are assigned different weights to carry to reflect differences in ability, a process known as handicapping. While horses are sometimes raced purely for sport, a major part of horse racing's interest and economic importance is in the gambling associated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
5 Guineas, James II, England, 1688 - Bode-Museum - DSC02761
5 (five) is a number, numeral and digit. It is the natural number, and cardinal number, following 4 and preceding 6, and is a prime number. Humans, and many other animals, have 5 digits on their limbs. Mathematics 5 is a Fermat prime, a Mersenne prime exponent, as well as a Fibonacci number. 5 is the first congruent number, as well as the length of the hypotenuse of the smallest integer-sided right triangle, making part of the smallest Pythagorean triple ( 3, 4, 5). 5 is the first safe prime and the first good prime. 11 forms the first pair of sexy primes with 5. 5 is the second Fermat prime, of a total of five known Fermat primes. 5 is also the first of three known Wilson primes (5, 13, 563). Geometry A shape with five sides is called a pentagon. The pentagon is the first regular polygon that does not tile the plane with copies of itself. It is the largest face any of the five regular three-dimensional regular Platonic solid can have. A conic is determine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Purchasing Power
Purchasing power refers to the amount of products and services available for purchase with a certain currency unit. For example, if you took one unit of cash to a store in the 1950s, you could buy more products than you could now, showing that the currency had more purchasing power back then. If one's income remains constant but prices rise, their purchasing power decreases. Inflation does not always result in decreased purchasing power, especially if income exceeds price levels. A larger real income means more purchasing power, as it corresponds to the income itself. Traditionally, the purchasing power of money depended heavily upon the local value of gold and silver, but was also made subject to the availability and demand of certain goods on the market. Most modern fiat currencies, like US dollars, are traded against each other and commodity money in the secondary market for the purpose of international Balance transfer, transfer of payment for goods and services. Scottish ec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guinea 641642
Guinea, officially the Republic of Guinea, is a coastal country in West Africa. It borders the Atlantic Ocean to the west, Guinea-Bissau to the northwest, Senegal to the north, Mali to the northeast, Côte d'Ivoire to the southeast, and Sierra Leone and Liberia to the south. It is sometimes referred to as Guinea-Conakry, after its capital Conakry, to distinguish it from other territories in the Guinea (region), eponymous region, such as Guinea-Bissau and Equatorial Guinea. Guinea has a population of 14 million and an area of . Formerly French Guinea, it achieved independence in 1958. Guinea has a history of military coup d'état, coups d'état.Nicholas Bariyo & Benoit FauconMilitary Faction Stages Coup in Mineral-Rich Guinea ''Wall Street Journal'' (5 September 2021).Krista LarsonEXPLAINER: Why is history repeating itself in Guinea's coup? Associated Press (7 September 2021).Danielle PaquettHere's what we know about the unfolding coup in Guinea ''Washington Post'' (6 Septembe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopoly
A monopoly (from Greek language, Greek and ) is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic Competition (economics), competition to produce a particular thing, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge Monopoly price, overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market). A monopoly may als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal African Company
The Royal African Company (RAC) was an English trading company established in 1660 by the House of Stuart and City of London merchants to trade along the West African coast. It was overseen by the Duke of York, the brother of Charles II of England; the RAC was founded after Charles II ascended to the English throne in the 1660 Stuart Restoration, and he granted it a monopoly on all English trade with Africa. While the company's original purpose was to trade for gold in the Gambia River, as Prince Rupert of the Rhine had identified gold deposits in the region during the Interregnum, the RAC quickly began trading in slaves, who became its largest commodity. Historians have estimated that the RAC shipped more African slaves to the Americas during the Atlantic slave trade than any other company. The RAC also dealt in other commodities such as ivory, which were primarily sourced from the Gold Coast region. After William III of England rescinded the company's monopoly in 1697 un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howdah
A howdah or houdah (, derived from the Arabic which means 'bed carried by a camel') also known as hathi howdah ( ), is a carriage which is positioned on the back of an elephant, or occasionally some other animal, such as a camel, used most often in the past to carry wealthy people during progresses or processions, hunting or in warfare. It was also a symbol of wealth for the owner and as a result might be elaborately decorated, even with expensive gemstones. Notable howdahs are the Golden Howdah, on display at the Napier Museum at Thiruvananthapuram, which was used by the Maharaja of Travancore and that is used traditionally during the Elephant Procession of the famous Mysore Dasara. The Mehrangarh Fort Museum in Jodhpur, Rajasthan, has a gallery of royal howdahs. Today, howdahs are used mainly for tourist or commercial purposes in South East Asia and are the subject of controversy as animal rights groups and organizations, such as Millennium Elephant Foundation, op ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghana
Ghana, officially the Republic of Ghana, is a country in West Africa. It is situated along the Gulf of Guinea and the Atlantic Ocean to the south, and shares borders with Côte d’Ivoire to the west, Burkina Faso to the north, and Togo to the east. Ghana covers an area of , spanning diverse ecologies, from coastal savannas to tropical rainforests. With nearly 35 million inhabitants, Ghana is the second-most populous country in West Africa. The capital and largest city is Accra; other significant cities include Tema, Kumasi, Sunyani, Ho, Cape Coast, Techiman, Tamale, and Sekondi-Takoradi. The earliest kingdoms to emerge in Ghana were Bonoman in the south and the Kingdom of Dagbon in the north, with Bonoman existing in the area during the 11th century. The Asante Empire and other Akan kingdoms in the south emerged over the centuries. Beginning in the 15th century, the Portuguese Empire, followed by other European powers, contested the area for trading r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trial Of The Pyx
The Trial of the Pyx () is a judicial ceremony in the United Kingdom to ensure that newly minted coins from the Royal Mint conform to their required dimensional and fineness specifications. Although coin quality is now tested throughout the year under laboratory conditions, the event has become an annual historic tradition. Each year, thousands of coins are put on trial, consisting of both those struck for circulation and non-circulating commemorative coins. First held in the 12th century, the event takes place in the hall of the Worshipful Company of Goldsmiths in London, where the Deputy Master of the Mint (Chief Executive of the Royal Mint) is in effect put on trial before a High Court judge as metallurgical assayers and selected leaders from the financial world sample coins from the mint's output. The boxes in which coins are stored form the ceremony's namesake: the word '' pyx'' derives from the Greek meaning 'wooden box'. History According to records from the Dialog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diary Of Samuel Pepys/1667/June
A diary is a written or audiovisual memorable record, with discrete entries arranged by date reporting on what has happened over the course of a day or other period. Diaries have traditionally been handwritten but are now also often digital. A personal diary may include a person's experiences, thoughts, and/or feelings, excluding comments on current events outside the writer's direct experience. Someone who keeps a diary is known as a diarist. Diaries undertaken for institutional purposes play a role in many aspects of human civilization, including government records (e.g. ''Hansard''), business ledgers, and military records. In British English, the word may also denote a preprinted journal format. Today the term is generally employed for personal diaries, normally intended to remain private or to have a limited circulation amongst friends or relatives. The word "journal" may be sometimes used for "diary," but generally a diary has (or intends to have) daily entries (from t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samuel Pepys
Samuel Pepys ( ; 23 February 1633 – 26 May 1703) was an English writer and Tories (British political party), Tory politician. He served as an official in the Navy Board and Member of Parliament (England), Member of Parliament, but is most remembered today for the diary he kept for almost a decade. Though he had no Maritime pilot, maritime experience, Pepys rose to be the Chief Secretary to the Admiralty under both Charles II of England, Charles II and James II of England, James II through patronage, diligence, and his talent for administration. His influence and reforms at the Admiralty (United Kingdom), English Admiralty were important in the early professionalisation of the Royal Navy. The detailed private diary that Pepys kept from 1660 until 1669 was first published in the 19th century and is one of the most important primary sources of the Stuart Restoration. It provides a combination of personal revelation and eyewitness accounts of great events, such as the Grea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shilling
The shilling is a historical coin, and the name of a unit of modern currency, currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a Pound (currency), pound before being phased out during the 1960s and 1970s. Currently the shilling is used as a currency in five east African countries: Kenyan shilling, Kenya, Tanzanian shilling, Tanzania, Ugandan shilling, Uganda, Somali shilling, Somalia, and the ''de facto'' country of Somaliland shilling, Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Anglo-Saxon language, Anglo-Saxon phrase "Scilling", a monetary term meaning literally "twentieth of a pound", from the Proto-Germanic root :wikt:Reconstruction:Proto-Germanic/skiljaną, skiljaną meaning literally "to separate, split, divide", from :wikt:Reconstr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
