A corruption of Shere-moniers Lane (the lane of the money-shearers or clippers, whose office it was to cut and round the metal to be stamped into money). The Mint was in the street now called Old Change. (Maitland: London, ii. 880.)
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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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