Infographic: Revealed! The history of the British pound
29/10/2015Daniel Fisher
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If you’ve been reading the Physical Gold blog recently then you may already know that the Great British pound coin unfortunately features no actual gold whatsoever. However, did you know that when it was first introduced in 760, pound sterling coins were made of pure silver? In fact, it was only in 1946 that Britain stopped using silver to make coins, switching to the current alloy system. Those facts, and more, have been collated into this great infographic about the history of the British pound – from launch, right up to the present day creation and usage of our currency.
Live Gold Spot Price in Sterling. Gold is one of the densest of all metals. It is a good conductor of heat and electricity. It is also soft and the most malleable and ductile of the elements; an ounce (31.1 grams; gold is weighed in troy ounces) can be beaten out to 187 square feet (about 17 square metres) in extremely thin sheets called gold leaf.
Live Silver Spot Price in Sterling. Silver (Ag), chemical element, a white lustrous metal valued for its decorative beauty and electrical conductivity. Silver is located in Group 11 (Ib) and Period 5 of the periodic table, between copper (Period 4) and gold (Period 6), and its physical and chemical properties are intermediate between those two metals.