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During the later part of the 8th century AD, the Pound was a value without a coin. It was an accounting value based on 240 silver Pennies weighing one pound.

Over the ensuing 400 years, the 240 silver Pennies became known as a "pound of sterlings" eventually giving rise to the expression "Pound Sterling" during the late 12th century AD.

The Pound Sterling is the oldest currency in the world that is still in use today.

Ad Hoc Bank of England One Pound notes, often hand written, were issued from 1694(?) to 1821(?).

The Sovereign (One Pound face value) was first issued in 1817.

The H.M. Treasury One Pound note was first issued in 1914.

The modern Bank of England One Pound note was first issued in 1928. The One Pound coin was first issued for circulation in 1983.

There were One Pound gold coins issued during the reign of Elizabeth I, but they were apparently not very popular.

Henry VIII, Edward VI and Mary also issued Sovereign coins, nothing like the modern Sovereign, but due to currency problems at the time, their face value varied greatly.

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12y ago

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