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Henry VI 1422-1471 AD House of Lancaster
Heavy coinage silver groat minted in Calais, France.
These remained the standards until 1464 when the cost of the interminable wars coupled with another shortage of bullion caused Edward IV to make further reductions. All the gold coins in circulation were revalued upwards, the noble to eight shillings and four pence, the half noble to four shillings and two pence and so on. Two new coins were introduced, the rose noble with a value of ten shillings and the angel (so-called because of its obverse design depicting St. Michael killing a dragon) given the former value of the noble, six shillings and eight pence. The rose noble was unpopular and was discontinued after a few years but the angel was very popular.
Heavy coinage silver groat minted in Calais, France.
These remained the standards until 1464 when the cost of the interminable wars coupled with another shortage of bullion caused Edward IV to make further reductions. All the gold coins in circulation were revalued upwards, the noble to eight shillings and four pence, the half noble to four shillings and two pence and so on. Two new coins were introduced, the rose noble with a value of ten shillings and the angel (so-called because of its obverse design depicting St. Michael killing a dragon) given the former value of the noble, six shillings and eight pence. The rose noble was unpopular and was discontinued after a few years but the angel was very popular.
Royal Monarchy
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Henry VI
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