Introduction On 6th June 1680, the Lord Lieutenant (The Earl of Arran) issued a proclamation that a new table for the calculation of foreign coin values. This was done in response to the large amount of foreign (non-English) coins that were circulating in Ireland at this time but the monetary challenges that faced Charles II…
Introduction Though fresh attempts were being made in the reign of Charles II to strengthen Britain’s currency, these efforts did not prevent the monetary crisis of the 1680s which saw a fast decline of England’s currency on the international exchange markets. The basic unit of account was the pound sterling defined as the equivalent of 240 pennies…
Introduction Amongst the rarest coin issues of the turbulent times that covered the Wars of the Three Kingdoms are the gold pistole and double-pistole of 1646. These are the only gold coins struck and circulated in Ireland. They were produced by Dublin goldsmiths Peter van Eindhoven and Gilbert Tonques, on behalf of the Duke of Ormonde,…
Introduction The Provincial Bank of Ireland was established in 1825, pioneered branch banking in Ireland. The terms, rights and privileges of the Bank of Ireland allowed it to effectively strangle the development of banking in Ireland until the Irish Banking Crisis that followed the post-Napoleonic War Depression. The Bank of Ireland effectively held a monopoly…
The Old Currency Exchange is a specialist dealer and valuer of Irish & GB coins, tokens and banknotes 