The tradition of the royal maundy seems to date beck to the early 13th century when in remembrance of Jesus Christ’s … More
Tag: Bank of England
Bank of England Museum (7): History of coins 1900-1972
The sovereign, half-sovereign and the crown were all withdrawn from circulation in 1914 along with the phasing out of the … More
Bank of England Museum (6): History of coins 1800-1899
Coins as items of barter currency had first appeared in the UK in the Iron age. The value of a … More
Bank of England Museum (5): Gold Standard
The Gold standard was established by the Bank of England in 1816. It set a standard weight of gold which … More
The Bank of England Museum (4): The Old Lady of Threadneedle Street
The Old Lady of Threadneedle Street has become known as a nickname for the Bank of England, but what is … More
The Bank of England Museum (3): The early history of banknotes
The first notes were receipts for deposits made in the bank and were made out to the amount deposited. In … More
The Bank of England Museum (2): The History 1790-1950
Sir John Soane was appointed in 1828 to undertake an expansion of facilities on the site at Threadneedle St to … More
The Bank of England Museum (1): The History 1690-1790
Originally opened as a method of raising capital funds for the impoverished government of the day to raise funds for … More