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Coal

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Hot as a coal. The expression has an obvious allusion.

To post the coal or cole. To pay or put down the cash. Coal=money has been in use in the sporting world for very many years. Buxton, in 1863, used the phrase “post the coal,” and since then it has been in frequent use. Probably rhyming slang. “Coal,” an imperfect rhyme of gool=gold. (See page 248, Chivy, and page 266, Coaling.)

“It would not suit me to write … even if they offered, … to post the cole.”—Hood.

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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.

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Clym of the Clough
Clyttie
Cneph
Cnidian Venus (The)
Co
Coach (A)
Coach-and-four (or Coach-and-six)
Coach-and-pair (A)
Coach Away
Coached Up
Coal
Coal Brandy
Coals
Coals of Fire
Coaling
Coalition Government
Coast Clear
Coast Men of Attica
Coasting Lead (A)
Coasting Trade
Coasting Waiter

Linking here:

Cole = money
Collar (verb)