Numismatic Dictionary

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There are 9 names in this directory containing the search term pound. Clear results.
avoirdupois
A system of weights based on a pound of 16 ounces. It is the primary system used in the United States. See also Troy weight.

crown
Refers to a British coin 38 millimeters in diameter that was originally struck as a commemorative of the monarch. Prior to decimalization, it had a value of five shillings and were struck as circulating coins even though few circulated. After decimalization, crowns were given the value of 25 pence. In 1990, it was changed to have a value of £5. Modern crown coins are struck for commemorative purposes and not intended for circulation. Many do not have a denomination except for the word "CROWN."

Lira
A word derived from the Latin for pound, it was the primary currency of Italy dating back to the founding of Venice. The term was adopted by other countries like Malta, San Marino, Vatican City, Syria, Lebanon, and Israel. Currently, it is the primary currency of Turkey.

penny
The official name of the coin that is one hundredth of a British pound. It is also a synonym for the U.S. one-cent coin.

pound
Pound, or pound sterling, is the unit currency of the Great Britain. The pound was introduced by King Henry II to represent one troy pound of silver. Since a pound was made up of 240 pennyweights, the penny was introduced to represent one pennyweight of silver.

quid
A slang term that was used in Great Britain for a Guinea or a Sovereign. It is modern slang for one pound.

shilling
Prior to decimalization in Great Britain, a shilling was one- twentieth of a pound. There were twelve pennies in one shilling.

sovereign
A gold coin of the United Kingdom, with a nominal value of 20 shillings or one pound sterling. Modern sovereigns are used as a bullion coin.

Troy weight
A unit of mass customarily used for precious metals and gemstones. One troy ounce is equal to 480 grains (or 31.1034768 grams, or 1.0971 avoirdupois ounces). There are 12 troy ounces in a troy pound that contains 5760 grains (an avoirdupois pound contains 7000 grains).

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