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STERLING

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Originally appearing in Volume V25, Page 901 of the 1911 Encyclopedia Britannica.
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STERLING , a See also:

term used to denote See also:money of See also:standard See also:weight or quality, especially applied to the See also:English See also:gold See also:sovereign, and hence with the See also:general meaning of recognized See also:worth or authority, genuine, of approved excellence. The word has been generally derived from the name of " Easterlings " given to the See also:North See also:German merchants who came to See also:England in the reign of See also:Edward I. and formed a hansa or gild in See also:London, modelled on the earlier one of the merchants of See also:Cologne. Their coins were of See also:uniform weight and excellence (cf. See also:Matthew See also:Paris, See also:ann. 1247, moneta esterlingorum, propter sui materiem desiderabilem, &c.), and thus it is supposed gave the name of the moneyers to a coinage of recognized fineness. This theory is based on the statement of See also:Walter de Pinchbeck, a See also:monk of the See also:time of Edward I., " sed moneta Angliae fertur dicta fuisse a nominibus opificum, ut Floreni a nominibus Florentiorum, ita Sterlingi a nominibus Esterlingorum nomina sua contraxerunt, qui hujusmodi monetam in Anglia primitus componebant " (quoted in See also:Wedgwood, Dict. of Eng. Etym.). The word, however, occurs much earlier. The See also:Roman de Rou (118o) has " Pour ses estellins recevoir, ' and " in Anglia unus Sterlingus per solvetur " occurs in an See also:ordinance of See also:Philip of See also:France and See also:Henry II. of England of 1184, both quoted in Du Cange (See also:Gloss. s.v. Esterlingus). The " sterling " was a See also:coin, the See also:silver See also:penny, 240 of which went to the " See also:pound sterling " of silver of 5760 grains, 925 See also:fine, and described in a See also:statute of Edward I., quoted in Du Cange, as " Denarius Angliae qui vocatur Sterlingus." The word was borrowed by all See also:European See also:languages and applied to the English coin and to coins in general of a standard quality; thus we find not only 0. Fr. es/or/in or estellin but M.

H. G. sterlinc or staerlinc, Ital. sterlino. &c. It would seem therefore that the term was applied to a coin of recognized quality before the North German merchants were established in London and that its origin should be found in a native English word. Two suggestions have been made; one that it represents an O. Eng. steorling, i.e. little See also:

star, from a See also:device on an See also:early coin, such as is found on some of See also:William II., or O. Eng. staerling, See also:starling, from the birds, which however may be doves, on the coins of Edward the See also:Confessor. (See Du Cange, Gloss. s.v. Esterlingus; and See also:Skeat, Etym. See also:Diet. 1910, S.V.

End of Article: STERLING

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STEREOSCOPE (Gr. (rrepe5s, solid, vxtnrav, to see))...
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STERLING, ANTOINETTE (d. 1904)