The origin of the term “shilling” as a monetary unit dates back to medieval England. The word “shilling” is believed to have derived from the Old English word “scilling,” which means “to divide” or "to separate."In medieval England, the shilling was a unit of currency introduced during the reig ... |
History of the nameIn the 1500s, Count Hieronymus Schlick of Bohemia began minting coins known as Joachimstaler (from German thal, or nowadays usually Tal, “valley”, cognate with “dale” in English), named for Joachimstal, the valley where the silver was mined (St. Joachi ... |