[SEL] OT: The British Pound

[Alec Stevens]

Now this is why I am on the list, Good info from high quality people and of
course this "bent" is engine related, Thanks Peter for the very educational
description of the "pound"

Alec J. Stevens
> <ajs at newenglandfinancial.biz> writes
> >Isnt a British Pound sorta like a 32 ounce beer or something served in a
big
> >mug or stein???
> >
>>
> These days, a British Pound is a small brass coin measuring 22.65mm dia.
> (0.8917") and 3.3mm thick (0.13"), weighing approximately 8g (1/4 oz.)
> It always has a representation of the head of Queen Elizabeth the Second
> on the obverse but the reverse can have one of several designs.  These
> designs have included an oak tree to represent England, a thistle to
> represent Scotland and a dragon to represent Wales.  The edge of the
> coin is milled and carries an engraved inscription, which can also vary.
> The first "pound coin" issued in 1983 with the Royal Arms reverse had
> the inscription DECUS ET TUTAMEN which is Latin and means "An ornament
> and a safeguard".  The second "pound coin" issued in 1984 with the
> thistle reverse had the inscription NEMO ME IMPUNE LACESSIT which is
> also Latin and loosely translates to "if you mess with me you'll get
> hurt" or "No one provokes me with impunity" (see
> http://www.24carat.co.uk/nemomeimpunelacessit.html for some pictures and
> alternative translation :-))
>
> A British pound will buy you 1 dollar 84 cents US or 2 dollars 46 cents
> Australian according to http://www.xe.com/ucc/ just now.  It will also
> buy you about a half pint of beer or four cigarettes in Britain.  If you
> earn 2,000 pounds a month before tax, you are earning the sort of money
> a college graduate might expect in his first job at age 21 or 22.  You
> will get to keep about three-quarters (or less) of that after taxes.
>
> Hope this is helpful :-)
>
> Regards
>
>       Pete
> --
> Peter Scales
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