Oxted  District History Society - Article
Oxted  District History Society
 
 

Dr. David Rudling, of the Sussex School of Archaeology, gave an illustrated lecture to the Oxted & District History Society on ‘English Coins & Tokens ‘600-1662’.


Coins were produced at a mint as legal tender, usually by a government.  After the Romans left, Roman coins remained in circulation for a while and new hammered coins were produced after 460.  During the 7th Century gold coins were debased and soon only silver coins were minted.  Under the Saxons, l lb. of silver produced 240 silver pennies.  These were cut into halves and quarters for small change.


William l continued with silver pennies but the coinage declined under Henry l and despite dire penalties for debased coinage, poor quality coins continued under Stephen & Matilda.  In Henry ll’s reign  short cross pennies were minted and these continued under Richard l and John.  New coins were produced in Edward l’s reign, including the groat (4d) as well as lead and pewter tokens. Gold nobles (6s 8d) appeared under Edward lll and the first sovereigns were minted in Henry Vll’s reign.  Coins were first dated under Edward Vl and the shortage of small coins led to the production of more tokens under Elizabeth l.  Copper farthings first appeared under James l and the first coins with English inscriptions were produced under the Commonwealth.

 

English Coins and Tokens: 600 to 1662 by David Rudling