Introduction: The South Sea Bubble was a speculative bubble in the early 18th century involving the shares of the South Sea Company, a British international trading company that was granted a monopoly in trade with Spain’s colonies in South America and the West Indies as part of a treaty made after the War of the…
Counterfeiting in the 19th C The 19th C began as the 18th C had finished – with people being hanged for ‘coining’ (making counterfeit coins) and ‘uttering’ (trying to spend them), with the exception that women were no longer ‘burned at the stake’ for high treason – they were now hanged along with the men.…
Introduction: The short-lived Gibbons & Williams Bank issued some of the most attractive banknotes of the period – being printed on both sides and featuring many beautiful vignettes of Dublin and agricultural themes. As such, they are highly sought after by collectors. Their one pound, thirty shilling and three pound notes were payable in Dublin…
Introduction: Medieval history is often taught as a power struggle between nobles fighting for control of their inherited lands via a series of military campaigns, often ending in a decisive battle that has been portrayed within a 19th century ‘nationalist’ mindset. My own education, from what I can remember of primary school and the old…
The Killarney Bank This ‘bank’ does not appear to have ever been registered and, if the stories about are anything to go by, its lack of official registration is easily explained. The bank was run by one William Murphy – a saddler in the town of Killarney – and his notes were used as small…
Following the death in 1376 of his father, Edward of Woodstock (the Black Prince), Richard became heir to his grandfather, King Edward III of England, whom he succeeded in 1377 at the age of ten. His reign of twenty-two years saw a number of domestic crises, from the Peasants’ Revolt (1381) to later conflicts with…
The Central Bank of Ireland has opened its archives to the public for the first time and we hope that many unanswered questions of Irish numismatic interest can, at last, be answered. These archives include a range of materials created and acquired by the bank – such as objects, documents and ledgers dating from 1786…
Two and a half years ago I wrote an article designed to generate discussion on whether (or not) Irish metal-detectorists were saints or sinners. I had hoped to get more opinions from the professionals involved in Irish archaeology – from both sides of the border – but they have remained quiet. An uneasy three-way ‘stand-off’…
Introduction By September 1689, James II’s so-called gunmoney continued to be produced in huge volumes at Capel Street in Dublin. A common misconception is that the coinage with 9r equates to September but it, in fact, refers to November – the 11th month of our modern (Gregorian) calendar but the 9th month of the old Julian…
Introduction: Realising that having an Irish currency equal to English standard weights resulted in a massive drain of silver out of Ireland and, consequently, reducing the amount of coinage in circulation + causing a recession, Edward IV moved towards remedying this by announcing a new (lower intrinsic value) coinage for Ireland in 1467: double-groats (eight…
The Old Currency Exchange is a specialist dealer and valuer of Irish & GB coins, tokens and banknotes 