Summary

Peter Giles 1911 Encyclopædia Britannica, Volume 10… (1911)

Though uncertain, therefore, it seems not impossible that the original symbol of the Phoenician alphabet, which was a consonant like the English w, may have been differentiated in Greek into two symbols, one indicating the consonant value w and retaining the position of the Phoenician consonant Vau, the other having the vowel value u, which ultimately most dialects changed to a modified sound like French u or German ü. Be this as it may, the value of the symbol Ϝ in Greek was w, a bilabial voiced sound, not the labio-dental unvoiced sound which we call f.
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