Ðone wudu weardaþ wundrum fægerSpelling assimilated to Greek 16c. (see ph). Figurative sense of "that which rises from the ashes of what was destroyed" is attested from 1590s. The city in Arizona, U.S., so called because it was founded in 1867 on the site of an ancient Native American settlement.
fugel feþrum se is fenix hatan
["Phoenix," c.900]
His most successful swindle was selling "painted" or "phony" diamonds. He had a plan of taking cheap stones, and by "doctoring" them make them have a brilliant and high class appearance. His confederates would then take the diamonds to other pawnbrokers and dispose of them. ["The Jewelers Review," New York, April 5, 1899]The noun meaning "phony person or thing" is attested from 1902.