BC Numismatics wrote:Miltiades,the Pound Sterling is a currency that is held in very high esteem,as is the Bank of England.I've always liked the name 'Pound' as a currency name,because you can refer to it as the Quid,& people will still know what you mean.
It would be a real shame if the U.K. ever did away with the Pound,as it is the Pound that is very much part of the British national identity.The time to put the 'Great' back into 'Great Britain' is long overdue.The U.K. should do the right thing & secede from the E.U.,& focus on rebuilding & strengthening its relationship with the rest of the proper British Commonwealth.
Aidan.
Now from somewhere in the back of my head, I have it that the Pound is actually an Italian monetary unit, introduced by the Romans. That is why the £ sign is used, an ornate L, as the Italians used to use for their Lira. It originally meant one pound of silver (hence lb. for pound weight) which was cut up into 240 little bits for convenience, and so 240 pennies to the Pound or Lira.
Don’t know if it’s true, but it sounded like a good story.