O.E. scearp "cutting, keen, sharp," from P.Gmc. *skarpaz, lit. "cutting" (cf. O.S. scarp O.N. skarpr O.Fris. skerp Du. scherp Ger. scharf "sharp"), from PIE *(s)ker- "cut" (cf. Lett. skarbs "sharp," M.Ir. cerb "cutting;" see shear). The fig. meaning "acute or penetrating in intellect or perception" is from O.E. The meaning "promptly" is first attested 1840. The musical meaning "half step above a given tone" is from 1576. Phrase sharp as a tack first recorded 1912 (sharp as a needle has been around since O.E.).
"a cheat at games," 1797, short for sharper (1681), probably a variant of sharker (see shark). Meaning "expert, connoisseur" is attested friom 1840, and likely is from sharp (adj.).