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British Sterling Currency - Numismatics,
Groat
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Edward IV 1461-1483 AD
Royal Monarchy
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INFORMATION - DATA
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Groat
London Mint
1 coin : silver. Obverse: Crowned bust of the King facing, quatrefoils at neck, within tressure of arcs, lis at cusps. [..E]DWARD DI GRA REX ANGL Z F [RANC DnS hyB] saltire stops. Reverse: Long cross with three pellets in angles and two concentric circles of legend. Rose POSVI DEVM ADIVATOR[V] MEUM CIVITAS LONDON.
During the prolonged civil war, the effects of such vast expenditure is easily seen in the coinage that has survived. Due to the shortage of both gold and silver, we see a pronounced difference in the English monetary system during the reign of Edward IV. In 1464, the weight of the English penny was reduced from 15 grains to 12 grains while the gold noble was raised in value from 6s 8d to 8s 4d. The following year, a new gold denomination was introduced known as the Ryal or ‘Rose Noble’ with a value of 10 shillings at a weight of 120 grains. Due to the fact that the old noble with a value of 6s 8d had become the standard professional fee, a new denomination became necessary - the Angel. This new Angel was valued at 6s 8d, but with a weight of only 80 grains.
During the prolonged civil war, the effects of such vast expenditure is easily seen in the coinage that has survived. Due to the shortage of both gold and silver, we see a pronounced difference in the English monetary system during the reign of Edward IV. In 1464, the weight of the English penny was reduced from 15 grains to 12 grains while the gold noble was raised in value from 6s 8d to 8s 4d. The following year, a new gold denomination was introduced known as the Ryal or ‘Rose Noble’ with a value of 10 shillings at a weight of 120 grains. Due to the fact that the old noble with a value of 6s 8d had become the standard professional fee, a new denomination became necessary - the Angel. This new Angel was valued at 6s 8d, but with a weight of only 80 grains.
DENOMINATIONS
AU Noble (6s 8d revalued 1464 to 8s 4d)
AU Quarter Noble
AR Groat (4d - 60 grains)
AR Half Groat (2d - 30 grains)
AR Penny (15 grains)
AR Half Penny (7 grains)
AR Farthing (3 grains)
(Revaluation of 1464/5)
AU Ryal (or rose-noble) 10sh
AU Half-Ryal 5sh
AU Quarter-Ryal 2.5sh
AU Angel (6sh 8d)
AR Groat (4d - 48 grains)
AR Half Groat (2d - 24 grains)
AR Penny (12 grains)
AR Half Penny (6 grains)
AR Farthing (2.75 grains)
AU Noble (6s 8d revalued 1464 to 8s 4d)
AU Quarter Noble
AR Groat (4d - 60 grains)
AR Half Groat (2d - 30 grains)
AR Penny (15 grains)
AR Half Penny (7 grains)
AR Farthing (3 grains)
(Revaluation of 1464/5)
AU Ryal (or rose-noble) 10sh
AU Half-Ryal 5sh
AU Quarter-Ryal 2.5sh
AU Angel (6sh 8d)
AR Groat (4d - 48 grains)
AR Half Groat (2d - 24 grains)
AR Penny (12 grains)
AR Half Penny (6 grains)
AR Farthing (2.75 grains)
(2nd Reign) 1471-1483
AU Angel (6sh 8d)
AU Half-Angel (3sh 4d)
AR Groat (4d)
AR Half Groat (2d)
AR Penny
AR Half Penny
AU Angel (6sh 8d)
AU Half-Angel (3sh 4d)
AR Groat (4d)
AR Half Groat (2d)
AR Penny
AR Half Penny
Edward IV was the King of England from 4 March 1461 to 3 October 1470, and again from 11 April 1471 until his death. He was the first Yorkist King of England. The first half of his rule was marred by the violence associated with the Wars of the Roses, but he overcame the Lancastrian challenge to the throne at Tewkesbury in 1471 to reign in peace until his sudden death. Before becoming king, he was 4th Duke of York, 7th Earl of March, 5th Earl of Cambridge and 9th Earl of Ulster. He was also the 65th Knight of the Order of the Golden Fleece.
Edward IV
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