James II & his Gunmoney: August 1689 (timeline)
The gunmoney of James II: August 1689 (timeline)
The gunmoney of James II: August 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
Please help ! First ever global survey on Irish coins and banknotes ! I am currently doing a post-grad diploma in digital marketing (NFQ, Level 9) research project and need feedback from Irish coin and banknote collectors. This is an academic research project It will not be used for commercial purposes The survey is 100%…
Caveat emptor According to a recent report by the Numismatic Society of Ireland, several examples of this scarce (key date) halfcrown have appeared on the market, so buyers need to be extra vigilant when offered what may look like a bargain from an unusual source. Needless to say, an eBay seller “with little of no…
Caveat emptor Coin forgers have been with us for over a thousand years but this crime is no longer punishable in the medieval way, e.g. in the “Purge of the Moneyers” by Henry I at Christmas 1124, all of the English moneyers were summoned to Winchester, where most of them were castrated and had the…
2016 Market Values The coinage of George II is reasonably easy to find in the lower grades but a substantial premium is paid for higher grade coins – which are not easy to obtain. Last year, we saw steep price increases at auction for proofs and regular issues in Extremely Fine (EF) and Uncirculated grades.…
2016 Market Values Last year (2015) saw a vibrant market for Ploughman £1 notes with many new collectors entering an already crowded field. The one pound Ploughman is the most affordable of the Consolidated Banks series and is, therefore the most popular starting point for this most elusive of modern Irish banknotes . Increased demand…
Introduction The rather eccentric Mr Reginald Huth is sometimes described as ‘a gentleman of leisure’ but his actual occupation is not known for certain – the Huth family were best known as financiers in the City of London. According to one source, he was ‘the London representative of the Bank of Spain’ though what he actually…
Introduction: Edward joined the Ninth Crusade to the Holy Land – a crusade which accomplished little and was, effectively, the last of the great crusades. By this time, the so-called crusader spirit had waned considerably and there was little appetite shown by the kings of Europe. It also foreshadowed the imminent collapse of the last remaining crusader strongholds…
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…