Dating sterling silver
Either way, the name stuck, linked to the meaning of "ster" in old German - strong, pure, stable, reliable, or excellent.English silver was held in esteem and that respect was worth keeping.Strangely, though, the name "sterling" took a while to appear.The first mention - "sterilensis" in 1078 - is from the days of William the Conqueror, who also introduced the shilling - 20 to the pound - into his new kingdom.In 1124, a disgusted Henry I had 94 mint workers castrated for producing bad coins.Nicholas Mayhew wrote in Sterling: the rise and fall of a currency: "It was the earliest, and certainly the bloodiest, of a series of attempts which were to take place over the centuries to restore confidence in sterling." Sterling retained importance through the middle ages.
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Inflation only brought one into many people's grasp in the 17th century.
The first £10 note was printed in 1759, when the Seven Years War caused severe gold shortages.
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