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British Sterling Currency - Numismatics,
Shilling
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Shilling
Elizabeth I 1558-1603 AD
One of the first events of Elizabeth I 's reign was the counter-marking of the Edward VI shillings to revalue them to their true worth. These coins have the counter-mark of a portcullis or greyhound and are extremely rare. The coins with the portcullis counter-mark were revalued at fourpence halfpenny, and the coins with the greyhound were revalued at twopence farthing.
A major recoinage was then embarked upon, with thousands of silver coins being produced. The shilling was no exception with the date being removed from the design (however, mint-marks can be used to reveal the date). No shillings were produced between 1562 and 1582, but the next issue was also very large and a good number have survived for collectors.
Mint-marks:
Hammered issue (all coins were produced in the Tower)
Lis (1559-1560)
Cross crosslet (1560-61)
Marlet (1560-61)
Bell (1582-83)
A (1582-84)
Escallop (1584-86)
Crescent (1587-89)
Hand (1590-92)
Tun (1592-95)
Woolpack (1594-96)
Key (1595-98)
Anchor (1597-1600)
1 (1601)
2 (1602)
Milled issue (Tower mint only)
Star (1560-1)
The milled issue was produced by Eloye Mestrelle using horse power. The issues were a success, especially the sixpences, but he lost his post over various disputes with the mint workers. Although Eloye found it very difficult to make smaller coins the sixpences and shillings were made in fairly large quantities. The shillings still tend to be much rarer than sixpences and are often found weakly struck, gilded, holed, mounted etc. They are still available to collectors, albeit in poor condition.
One of the first events of Elizabeth I 's reign was the counter-marking of the Edward VI shillings to revalue them to their true worth. These coins have the counter-mark of a portcullis or greyhound and are extremely rare. The coins with the portcullis counter-mark were revalued at fourpence halfpenny, and the coins with the greyhound were revalued at twopence farthing.
A major recoinage was then embarked upon, with thousands of silver coins being produced. The shilling was no exception with the date being removed from the design (however, mint-marks can be used to reveal the date). No shillings were produced between 1562 and 1582, but the next issue was also very large and a good number have survived for collectors.
Mint-marks:
Hammered issue (all coins were produced in the Tower)
Lis (1559-1560)
Cross crosslet (1560-61)
Marlet (1560-61)
Bell (1582-83)
A (1582-84)
Escallop (1584-86)
Crescent (1587-89)
Hand (1590-92)
Tun (1592-95)
Woolpack (1594-96)
Key (1595-98)
Anchor (1597-1600)
1 (1601)
2 (1602)
Milled issue (Tower mint only)
Star (1560-1)
The milled issue was produced by Eloye Mestrelle using horse power. The issues were a success, especially the sixpences, but he lost his post over various disputes with the mint workers. Although Eloye found it very difficult to make smaller coins the sixpences and shillings were made in fairly large quantities. The shillings still tend to be much rarer than sixpences and are often found weakly struck, gilded, holed, mounted etc. They are still available to collectors, albeit in poor condition.
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