Page "Number sign" Paragraph 5
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" was used ; however, printers later designed a font containing a special symbol of an " lb " with a line through the verticals so that the lowercase letter " l " would not be mistaken for the numeral " 1 ".
Ultimately, the symbol was reduced for clarity as an overlay of two horizontal strokes "=" across two forward-slash-like strokes "//".
Keith Gordon Irwin, in The Romance of Writing, p. 125, says " The Italian libbra ( from the old Latin word libra, ' balance ') represented a weight almost exactly equal to the avoirdupois pound of England.
The business clerks ' hurried way of writing the abbreviation appears to have been responsible for the # sign used for pound.
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