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The UK Pound Sterling is the oldest currency still in use today, with origins dating from at least Anglo-Saxon times when it was made up of 240 silver pennies (which, combined, weighed one pound in weight - hence the name of the currency). The silver penny was introduced by King Offa of Mercia during his reign between 757 and 796 CE (AD), and so we can assume the pound dates from the late 8th Century.

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