Irish Coin Daily: Elizabeth I, Third issue, Copper Penny, 1601, mm. Star


Date: 1601

Elizabeth I, Third issue, Penny, dated 1601, mm. star, 2.05g (S 6510, DF 255). About very fine

Elizabeth I, Third issue, Penny, dated 1601, mm. Star

Description:

Elizabeth I (1558-1603), Third issue, copper Penny, dated 1602. The reason for this coinage was to deny good silver to the rebels in the north of Ireland so they would not have anything with which to buy arms from abroad. The idea was to flood Ireland with base money and get everything else out of circulation.

  • Weight: 2.05g
  • References: S 6510, DF 255

Full flan, complete legends, about very fine (nVF) and scarce in this grade

Obverse:

  • Arms of England, “E” and “R” to either side
  • Mintmark: Star
  • Legend:
    • “ELIZABETH D. G. ANG . FR. ET . HIBERNIE”
      • Translation:
      • “Elizabeth by the Grace of God, Queen of England, France and Ireland”

Reverse:

  • Crowned harp
  • Mintmark: Star
  • Legend:
    • “POSVI DEVM ADIVTOREM MEVM”
      • Translation:
      • “I have made God my helper”

Notes:

  • The trefoil mint-mark (which appears on both sides) is a date indicator
  • These coins occur with 3 mint-marks: the trefoil, the star and the martlet
    • The ‘trefoil’ was first, and in use from the date of the indenture, 2nd February 1601, until the pyx trial of 20th May 1601
    • Following the pyx of 20th May 1601, the mint mark was changed to ‘star’
    • On 24th May 1602 the ‘star’ pieces were pyxed, and the mint mark changed to ‘martlet’

Country:

  • Ireland

Category:

  • Anglo-Norman
    • House of Tudor
  • Elizabeth I
    • Third Irish Coinage (debased silver, or copper)
      • Copper Penny
  • Hammered

 

 


Further Reading:

 

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