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Silver Standard
The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver. Silver was far more widespread than gold as the monetary standard worldwide, from the Sumerians 3000 BC until 1873. Following the discovery in the 16th century of large deposits of silver at the Cerro Rico in Potosí, Bolivia, an international silver standard came into existence in conjunction with the Spanish pieces of eight. These silver dollar coins were an international trading currency for nearly four hundred years. The move away from the silver to the gold standard began in the 18th century when Great Britain set the gold guinea’s price in silver higher than international prices, on the recommendation of Sir Isaac Newton, thus attracting gold and putting Great Britain on a de facto gold standard. Great Britain formalised the gold standard in 1821 and introduced it to its colonies afterwards. Imperial Germany’s move to the gold standard in 1873 trigger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philip V Coin Silver, 8 Reales Mexico
Philip, also Phillip, is a male name derived from the Greek (''Philippos'', lit. "horse-loving" or "fond of horses"), from a compound of (''philos'', "dear", "loved", "loving") and (''hippos'', "horse"). Prominent Philips who popularized the name include kings of Macedonia and one of the apostles of early Christianity. ''Philip'' has many alternative spellings. One derivation often used as a surname is Phillips. The original Greek spelling includes two Ps as seen in Philippides and Philippos, which is possible due to the Greek endings following the two Ps. To end a word with such a double consonant—in Greek or in English—would, however, be incorrect. It has many diminutive (or even hypocoristic) forms including Phil, Philly, Phillie, Lip, and Pip. There are also feminine forms such as Philippine and Philippa. Philip in other languages * Afrikaans: Filip * Albanian: Filip * Amharic: ፊሊጶስ (Filip'os) * Arabic: فيلبس (Fīlibus), فيليبوس (Fīl� ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound 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 in continuous use since its inception. In 2022, it was 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 the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, 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 regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shillings
The shilling is a historical coin, and the name of a unit of modern 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 before being phased out during the 1960s and 1970s. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, and the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Anglo-Saxon phrase "Scilling", a monetary term meaning literally "twentieth of a pound", from the Proto-Germanic root skiljaną meaning literally "to separate, split, divide", from (s)kelH- meaning "to cut, split." The word "Scilling" is mentioned in the earliest recorded Germanic law codes, the Law of Æthelberht (). In origin, the word '' schilling'' designated the ''so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound (mass)
The pound or pound-mass is a unit of mass used in both the British imperial and United States customary systems of measurement. Various definitions have been used; the most common today is the international avoirdupois pound, which is legally defined as exactly , and which is divided into 16 avoirdupois ounces. The international standard symbol for the avoirdupois pound is lb; an alternative symbol (when there might otherwise be a risk of confusion with the pound-force) is lbm (for most pound definitions), # ( chiefly in the U.S.), and or ̶ (specifically for the apothecaries' pound). The unit is descended from the Roman (hence the symbol ''lb'', descended from the scribal abbreviation, '). The English word ''pound'' comes from the Roman ('the weight measured in '), and is cognate with, among others, German , Dutch , and Swedish . These units are now designated as historical and are no longer in common usage, being replaced by the metric system. Usage of the un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Offa Of Mercia
Offa ( 29 July 796 AD) was King of Mercia, a kingdom of Anglo-Saxon England, from 757 until his death in 796. The son of Thingfrith and a descendant of Eowa, Offa came to the throne after a period of civil war following the assassination of Æthelbald. Offa defeated the other claimant, Beornred. In the early years of Offa's reign, it is likely that he consolidated his control of Midland peoples such as the Hwicce and the Magonsæte. Taking advantage of instability in the kingdom of Kent to establish himself as overlord, Offa also controlled Sussex by 771, though his authority did not remain unchallenged in either territory. In the 780s he extended Mercian Supremacy over most of southern England, allying with Beorhtric of Wessex, who married Offa's daughter Eadburh, and regained complete control of the southeast. He also became the overlord of East Anglia and had King Æthelberht II of East Anglia beheaded in 794, perhaps for rebelling against him. Offa was a Christia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tetradrachm
The tetradrachm () was a large silver coin that originated in Ancient Greece. It was nominally equivalent to four drachmae. Over time the tetradrachm effectively became the standard coin of the Antiquity, spreading well beyond the borders of the Greek World. As a result, tetradrachms were minted in vast quantities by various polities in many weight and fineness standards, though the Athens-derived ''Attic standard'' of about 17.2 grams was the most common. Because of their large size, tetradrachms were often used by various states or rulers to advertise themselves or to deliver political messages. Popularity of the tetradrachm outlived the political independence of the Greeks and it remained in wide circulation in the Mediterranean up until Crisis of the Third Century, while debased varieties persisted in India and Central Asia into early Middle Ages. Due to their often high artistic level tetradrachms are eagerly collected in modern times, and well-preserved or rare specimen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Athenian Empire
The Delian League was a confederacy of Polis, Greek city-states, numbering between 150 and 330, founded in 478 BC under the leadership (hegemony) of Classical Athens, Athens, whose purpose was to continue fighting the Achaemenid Empire, Persian Empire after the Greek victory in the Battle of Plataea at the end of the Second Persian invasion of Greece. The League functioned as a dual –offensive and defensive– alliance (''Symmachia (alliance), symmachia'') of autonomous states, similar to its rival association, the Peloponnesian League. The League's modern name derives from its official meeting place, the island of Delos, where congresses were held within the sanctuary of the Temple of Apollo; contemporary authors referred to the organization simply as "the Athenians and their Allies". While Sparta excelled as Greece's greatest power on land, Athens turned to the seas becoming the dominant naval power of the Ancient Greece, Greek world. Following Sparta's withdrawal from the Gr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ingots
An ingot is a piece of relatively pure material, usually metal, that is cast into a shape suitable for further processing. In steelmaking, it is the first step among semi-finished casting products. Ingots usually require a second procedure of shaping, such as cold/hot working, cutting, or milling to produce a useful final product. Non-metallic and semiconductor materials prepared in bulk form may also be referred to as ingots, particularly when cast by mold based methods. Precious metal ingots can be used as currency (with or without being processed into other shapes), or as a currency reserve, as with gold bars. Types Ingots are generally made of metal, either pure or alloy, heated past its melting point and cast into a bar or block using a mold chill method. A special case are polycrystalline or single crystal ingots made by pulling from a molten melt. Single crystal Single crystal ingots (called boules) of materials are grown (crystal growth) using methods such as the Czoch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny (English Coin)
The English penny (plural "pence"), originally a coin of pure silver, was introduced by King Offa of Mercia. These coins were similar in size and weight to the continental ''denier (coin), deniers'' of the period and to the Anglo-Saxon sceats which had preceded it. Throughout the period of the Kingdom of England, from its beginnings in the 9th century, the penny was produced in silver. Pennies of the same nominal value, of a pound sterling, were in circulation continuously until the creation of the Kingdom of Great Britain in 1707. Etymology The name "penny" comes from the Old English ''pennige'' (), sharing the same root as the German language, German ''Pfennig''. Its abbreviation d. comes from the Roman ''denarius'' and was used until Decimal Day, decimalisation in 1971. Idioms Due to their ubiquity pennies have accumulated a great number of idioms to their name usually recognizing them for their commonality and minuscule value. These might include: *cut (one) off with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shekel
A shekel or sheqel (; , , plural , ) is an ancient Mesopotamian coin, usually of silver. A shekel was first a unit of weight—very roughly 11 grams (0.35 ozt)—and became currency in ancient Tyre, Carthage and Hasmonean Judea. Name The word is based on the triliteral Proto-Semitic root , cognate to the Akkadian or , a unit of weight equivalent to the Sumerian . Use of the word was first attested in under the reign of Naram-Sin of Akkad, and later in in the Code of Hammurabi. The Hebrew reflex of the root is found in the Hebrew words for "to weigh" (), "weight" () and "consideration" (). It is cognate to the Aramaic root and the Arabic root ( ث ق ل, in words such as "weight", "heavy" or , a unit of weight). The famous writing on the wall in the Book of Daniel includes a cryptic use of the word in Aramaic: "". Shekel came into the English language via the Hebrew Bible, where it is first used in Genesis 23. The term "shekel" has been used for a unit of we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mesopotamia
Mesopotamia is a historical region of West Asia situated within the Tigris–Euphrates river system, in the northern part of the Fertile Crescent. Today, Mesopotamia is known as present-day Iraq and forms the eastern geographic boundary of the modern Middle East. Just beyond it lies southwestern Iran, where the region transitions into the Iranian plateau, Persian plateau, marking the shift from the Arab world to Iran. In the broader sense, the historical region of Mesopotamia also includes parts of present-day Iran (southwest), Turkey (southeast), Syria (northeast), and Kuwait. Mesopotamia is the site of the earliest developments of the Neolithic Revolution from around 10,000 BC. It has been identified as having "inspired some of the most important developments in human history, including the invention of the wheel, the planting of the first cereal crops, the development of cursive script, mathematics, astronomy, and agriculture". It is recognised as the cradle of some of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
