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Sterling Money
Spelmab derives the word from esterlings, merchants of
the Hanse Towns, who came over and reformed our coin in the reign of
John. Others say it is starling (little star), in allusion to a
star impressed curbe coin. Others refer it to Stirling Castle in
Scotland, where money was coined in the reign of Edward I.
(Sir Matthew Hale.)
“In the time of King Richard I., monie coined in the east parts of
Germany began to be of especiall request in England for the puritie
thereof, and was called Easterling monie, as all the inhabitants of
those parts were called Easterlings: and shortly after some of that
countrie, skillfull in mint matters and allaies, were seat for into
this realm to bring the coine to perfection, which since that time was
called of them sterling for Easterling.” —Camden.
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894 More on Sterling Money from Infoplease:
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