By Patrick Heller
Most of the first colonists in what is now the United States came from England. They adopted many English customs and laws which have continued to the present day. But, have you ever wondered why the American money system is based on the decimal system of dollars and cents rather than the on the British pounds, shillings, and pence?
The dollar is derived from the term thaler
Category Archives: pounds
United Kingdom: Academy of Arts features on new £5 crown coin
The Royal Mint have launched (14th February) a new crown coin which is in celebration of the 250th anniversary of the Royal Academy of Arts. The striking of the Royal Academy 250th Anniversary Commemorative Coin highlights more than just the RA 250 celebrations — it also shines a light on a number of important historical, cultural, and symbolic links that have been maintained between the Royal Mint and the Royal Academy of Arts since it first opened in 1768
British Indian Ocean Territory: Beautiful lion and unicorn depicted on coronation anniversary crown coin
The government and treasury of the British Indian Ocean Territory have issued (25th January) a new crown coin and gold coin which were minted in celebration of one of most solemn events that took place in the United Kingdom 65 years ago: The Queen’s coronation.
It was nearly 66 years ago that the then-Princess Elizabeth acceded to the throne at the age of 25 upon the death of her father, King George VI
British Indian Ocean Territory: Majestic manta ray depicted on new deep blue titanium crown coin
The government and treasury of the British Indian Ocean Territory (BIOT) have issued (16th January) a new crown coin produced in both titanium and cupro-nickel which features the manta ray — an incredibly majestic creature known for its immense size and graceful nature.
Manta rays are found adjacent to tropical regions in warm or temperate waters and are large rays with triangular pectoral fins, horn-shaped cephalic fins, and gaping forward-facing mouths