Dating back to the 760s, the pound was first introduced as a silver coin and spread throughout the Anglo-Saxon kingdoms. In 1158 the design was changed and silver was replaced. The new coin was made of 92.5% silver and was known as the British Table.
The British pound has been around for hundreds of years, with its origins dating back to his 8th century AD, when the Vikings in England used ancient silver coins to exchange goods. The British pound has undergone many changes in its quality and value throughout its history.