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The denier (/ d ə ˈ n ɪər /; Latin: denarius, Italian: denaro, Greek: δηνάριο, romanized: dinario; abbr. d. ) or penny was a medieval coin which takes its name from the Frankish coin first issued in the late seventh century; [ 1 ] in English it is sometimes referred to as a silver penny.
Since coins in Europe in the Middle Ages and the early modern period (the French écu, Louis, teston d'argent, denier, double, franc; the Spanish doubloon, pistole, real; the Italian florin, ducat or sequin; the German and Austrian thaler; the Dutch gulden, etc.) did not have any indication of their value, their official value was determined by ...
The livre was established by Charlemagne as a unit of account equal to one pound of silver. [citation needed] It was subdivided into 20 sous (also sols), each of 12 deniers.[citation needed] The word livre came from the Latin word libra, a Roman unit of weight and still the name of a pound in modern French, and the denier comes from the Roman denarius.
Rome, Florence, and Venice followed with coins of denominations greater than a penny, and late in the 12th century Venice minted a silver coin equal to 24 pennies. By the mid-13th century Florence and Genoa were minting gold coins, effectively ending the reign of the silver penny (denier, denarius) as the only circulating coin in Europe. 785: Penny
The term écu (French pronunciation:) may refer to one of several French coins. [1] The first écu was a gold coin (the écu d'or) minted during the reign of Louis IX of France, in 1266. The value of the écu varied considerably over time, and silver coins (known as écu d'argent) were also introduced.
Here’s a look at 13 of the most valuable French coins, according to CoinValueLookup: 1640 Louis XIII 10 Louis d’Or: $456,000 estimated value. 1670 Louis XIV 15 Sols: $132,000.
This coin featured types taken from a denier minted by Grimoald III more than half a century earlier; in the latter denier the monogram on the obverse consisted of the letters forming Grimoald's name. On the reverse of Grimoald's denier the cross was set aside by the first and last letters of the Greek alphabet (Α and ω). [27] [28]
Sources don’t appear to concur on the coins value at auction. The Spruce Crafts pegs the value at $117,500 (as of 2016) for an MS66 example, while PCGS suggested the value topped out at $99,875 ...
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