Mark (money) - England and Scotland

England and Scotland

In England the "mark" never appeared as a coin, but was only used as a unit of account. It was apparently introduced in the 10th century by the Danes. According to 19th century sources, it was first equivalent to 100 pence, but after the Norman Conquest it was worth 160 pence, or 13 shillings and 4 pence, i.e. ⅔ of a Pound Sterling.

In Scotland, the merk Scots was a silver coin of that value, issued first in 1570 and afterwards in 1663.

Read more about this topic:  Mark (money)

Famous quotes containing the words england and, england and/or scotland:

    So you’ll face me with a court of inquiry, eh, in England. Well, Mr. Christian, we’re a long way from England and what can happen on this ship before we get there may surprise even you.
    Talbot Jennings (1896–1985)

    Whenever an obviously well founded statement is made in England by a person specially well acquainted with the facts, that unlucky person is instantly and frantically contradicted by all the people who obviously know nothing about it.
    George Bernard Shaw (1856–1950)

    A custom loathsome to the eye, hateful to the nose, harmful to the brain, dangerous to the lungs, and in the black, stinking fume thereof nearest resembling the horrible Stygian smoke of the pit that is bottomless.
    James I of England, James VI of Scotland (1566–1625)