When you are reading colonial records do you understand the English money system being used? If your 8th great-grandfather gave your 7th great-grandfather 5 guineas in his will would you know if that was a lot of money or just a little? You will also see these old money terms if you enjoy British literature prior to 1971 (Sherlock Holmes anyone?)
Here is a great info page on Old English Money. This page is the easiest to understand that I have found.
Copyright © 2013 Michele Simmons Lewis