Gunmoney coinage, Sixpence, 1689 June + full stop (1)

James II & his Gunmoney: June 1689 (timeline)

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