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British Sterling Currency - Numismatics,
Crown
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Crown
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Elizabeth I 1558-1603 AD
Elizabeth I, the daughter of Henry VII and his second wife, Anne Boleyn, succeeded to the throne following the death of her half sister, Mary. From the beginning, Elizabeth possessed both a scholar's mind and a sharp instinct for politics. Her reign has been described as "the most colorful and splendid in English history." It saw the foundation of the British Empire; the power of Spain challenged on the seas and finally broken by the defeat of the Armada; the flowering of the Renaissance and the work of Shakespeare; and the transition from the medieval twilight to a more progressive age.
Elizabeth continued to strike some gold coins of beautiful design in the fineness standard established by Henry VII and Mary. But in other instances, she reverted to the debasement practiced by Henry VIII, lowering the gold content to 22kts.
The crown was a large coin, and did not circulate well. However, crowns were generally struck in a new monarch's coronation year (true of each monarch since George IV), though in George VI case, the crowns were in proof condition only.
Royal Monarchy
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