Background: By 1947, towards the end of George VI’s reign, silver British coinage was no more. Silver was just too valuable a commodity to waste on coinage and, with the break up of the British Empire now inevitable, there as no need to ‘pretend’ British sterling was the world’s foremost currency. Many other currencies were…
Background: By the end of George V’s reign the threepence had become unpopular in England because of its small size but it remained popular in Scotland. It was consequently decided to introduce a more substantial ‘thru’penny bit’ which would have a more convenient weight/value ratio than the silver coinage. The silver threepence continued to be…
Background By the end of George V’s reign the threepence had become unpopular in England because of its small size. Although it was still popular in Scotland, the government of the day decided to introduce a more substantial thru’penny bit which would have a more convenient weight/value ratio than the silver coinage. The silver threepence…
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…
The gunmoney of James II: August 1689 (timeline)
The introduction of the new ‘gunmoney’ sixpence in June was a qualified success for deposed King James II and he quickly moved to cash in even more when he ordered the issue of shillings and halfcrowns for July. The coin presses in Capel Street were in production 24 hours a day, with mint workers employed…
This was never going to be enough and the answer to James’s financial predicament came from a Protestant – William Bromfield, an English Quaker and one time surgeon who invented the world’s first ‘fiat’ currency based upon a promise to pay at a later date
Introduction The impending war in Europe was of major concern to Ireland and most politicians were worried that a war in Europe would re-open the wounds of our own Civil War of 1922-23. The 1930’s were difficult for Ireland :- There were pro- and anti-fascist movements in Ireland and the IRA continued to pursue its own…
By the first half of the 17th C, the copper coinage in both Britain and Ireland was in complete disarray. Neither James I nor his son, Charles I, took much interest in providing small denominations and ‘farmed out’ the Royal prerogative of minting copper coins to ‘favourite’ courtiers as patentees – Lords Harington, Richmond, Lennox and Maltravers were the principal…
The Irish 50 cent euro coin (€0.50) has a value of one half of a euro and is composed of an alloy called Nordic gold. Value 0.50 euro Mass 7.80 g Diameter 24.25 mm Thickness 2.38 mm Edge Regular, fine indentations Composition Nordic gold Nordic gold is the gold-coloured copper alloy from which the middle three denominations of euro…
The Old Currency Exchange is a specialist dealer and valuer of Irish & GB coins, tokens and banknotes 