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Henry VIII 1509-1547 AD Tudors
Henry VIII (1509-1547) is one of England's more interesting monarchs, not just for having married six times, but numismatically too. Henry's first coinage, to 1526, resembled that of his father and still used his father's portrait. With higher bullion prices on the continent, the weight of the silver coins was reduced again. Pennies were minted at the London, Canterbury, and Durham mints. With the reformation starting in the 1530s, the principal effect as far as the coinage was concerned was the closure of the ecclesiastical mints of Canterbury, Durham and York - in future all mints would be Royal mints, under the control of the crown who would consequently get all the revenue. The second coinage, of 1526-1544 had a completely different inscription, H.D.G. ROSA SIE SPIA - Henry by the grace of God a rose without a thorn. At this time the pound standard for mintage was changed from the local Tower pound to the internationally known troy pound. The coins were minted at London, and the Canterbury, Durham and York ecclesiastical mints.
The Dissolution of the Monasteries in the 1530s and the ratification of the First Act of Supremacy in 1534 resulted in a huge financial bonus for the king, but by 1544 Henry was running short of money, thanks partially to his own extravagant lifestyle and expenditure. Henry's solution was to drastically lower the fineness of the third coinage (1544-47) to only one-third silver and two-thirds copper. This was understandably not popular with the people, and it resulted in Henry acquiring the nickname "Old Coppernose" as the silver rubbed off the high-relief part of the coin design. By this time there were two mints in London, at the Tower and in Southwark, and both of them, together with mints in Bristol, Canterbury and York produced the debased coinage which bore the inscription H.D.G. ROSA SINE SPINA.
Henry VIII AR Penny. Canterbury mint. Posthumous coinage, 1547-1551. ROSA SINE SPIN, crowned facing bust / CIVITAS CANTOR (over LONDON), coat-of-arms surmounted by cross fourchée.
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