THE WORD “STERLING.”

Pacific Press Publishing Company · Oakland, California · Jul 30, 1896

FromSigns of the Times, Vol. 22, No. 30.

THE WORD “STERLING.”

In England money is characterized by the word “sterling,” because in the time of Richard Cœur de Lion money coined in the east part of Germany became, on account of its purity, in especial request in England, and was called Easterling money, as all the inhabitants in that part of Germany were known as Easterlings. That was the origin of the practice of designating English amounts “sterling.”—Selected.