Serendipity language was by Horace Walpole in 1754. In a letter he wrote to his friend Horace Mann, Walpole explained an unexpected discovery he had made about a (lost) painting of Bianca Cappello by Giorgio Vasari by reference to a Persian fairy tale, "The Three Princes of Serendip". The princes, he told his correspondent, were "always making discoveries, by accidents and sagacity, of things which they were not in quest of". The name comes from "Serendip", an old name for Sri Lanka (Ceylon), hence "Sarandib" by Arab traders. It is derived from the Sanskrit "Siṃhaladvīpaḥ" (Siṃhalaḥ, Sri Lanka + dvīpaḥ, island).
Horace Walpole age he became Comptroller of the Pipe and Clerk of the Estreats which gave him an income of £300 per annum. Walpole decided to go travelling with Thomas Gray and wrote a will whereby he left Gray all his belongings. In 1744 Walpole wrote in a letter to Conway that these offices gave him nearly £2,000 per annum; after 1745 when he was appointed Collectorship of Customs, his total income from these offices was around £3,400 per annum. Walpole went on the Grand Tour with Gray, but as Walpole recalled in later life: "We had not got to Calais before