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How did the coins get their name? Detailed answer

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How did the coins get their name?

In the world of money and coins, there are many fascinating stories about how money got its names. Here are some of those stories.

How did the word "coin" come about? In ancient Roman times, the goddess Juno often warned the Romans of all sorts of dangers. Grateful Romans placed a mint in the temple of Juno and thus made her the custodian of finances. The Romans called the goddess Juno Moneta, as the Latin word "moneo" meant "to warn." Many years have passed, but the modern word "coin" has the same root.

And the English word "coin", meaning metallic money, comes from the Latin "cuneus", which means "wedge". The stamp with which small coins were printed looked like a wedge.

The word "dollar" dates back to the days when silver mines were located in Bohemia. The mint was located in a place called Joachimsthaler. Over time, people began to call their money thalers, and then the thaler turned into a dollar.

The word dime, which means ten cents, comes from the Latin decimus, which means tenth.

The name of the American cent is borrowed from the French language: there it meant "one hundred". After all, one hundred cents make up a dollar. The French borrowed it from Latin, where it was read "centum".

The English pound comes from the Latin word "pondo" and meant a pound, or a measure of weight. The Spanish peso and the Italian lira also represented a measure of weight in antiquity.

And the name of the French francs comes from two Latin words: "Francorum Rex", which meant "king of the Franks". These two words were stamped on the first French coins. And in Peru there is a coin called salt - in Spanish this word means "sun": the ancient Incas and Peruvians prayed to the sun god.

The names "crown" and "sovereign" mean that in order to cast these coins, special permission was obtained from the crowned person. The monetary unit of Panama "balboa" is named after the great explorer, and "bolívar" in Venezuela - in honor of the national hero.

Author: Likum A.

 Random interesting fact from the Great Encyclopedia:

Who published the first newspaper?

The first newspaper was not like modern ones. It was more like a letter containing news. In the XNUMXth century BC e. in Rome there lived a man who wrote these letters and sent them to people living far from the capital.

Newspapers began to resemble modern ones under Julius Caesar, in 60 BC. e. He forced the government to print a daily bulletin to present it in the Forum. Devoted mainly to government announcements, it was called "Akta Diurna", which in translation means "Events of the Day". In the old days, getting news quickly was important for business.

Business people needed to know what important events had happened. Therefore, the first newspaper, or messenger, was created in the XNUMXth century by the Faggerses, a well-known German family of international bankers. They have also set up a news gathering system to make sure they are reliable. In Venice, at the same time, people paid one gazzetta (small change) to read the news collection issued by the government daily. It was called Recorded News.

The first regular newspaper published in London was called The Informant. This happened in 1663. The very first newspapers to appear could only come out once a week, because both communications and news gathering and production were slow.

The first American newspaper, Public Incidents, began publication in Boston in 1690, but the colony's governor quickly discontinued it. Benjamin Franklin ran the Pennsylvania Gazette from 1729 to 1765. People were so eager to receive news that by the time of the American Revolution, 37 publications were being printed in the colonies. One of the most influential newspapers ever published is The Times in London, which appeared in 1785 under the name of the Daily Universal Register.

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