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Silver 'reform' penny of Edgar I of England, Lewes mint, c. 973 –975.. The English penny (plural "pence"), originally a coin of 1.3 to 1.5 grams (0.042 to 0.048 troy ounces; 0.046 to 0.053 ounces) pure silver, was introduced c. 785 by King Offa of Mercia.
It is difficult to ascertain the nature and extent of coin-use in Anglo-Saxon England. Written references to minting and money are scarce, and it is likely that even a single silver penny had considerable buying power – perhaps something in the region of £10–£30 in modern currency.
The penny of Great Britain and the United Kingdom from 1714 to 1901, the period in which the House of Hanover reigned, saw the transformation of the penny from a little-used small silver coin to the bronze piece recognisable to modern-day Britons.
The weight of the English penny was fixed at 22 + 1 ⁄ 2 troy grains (about 1.46 grams) by Offa of Mercia, an 8th-century contemporary of Charlemagne; 240 pennies weighed 5,400 grains or a tower pound (different from the troy pound of 5,760 grains). The silver penny was the only coin minted for 500 years, from c. 780 to 1280.
1604 penny of James I with portrait. Silver penny of James I, with rose and thistle. When Elizabeth died unmarried and childless in 1603, the throne passed to James VI of Scotland, a great-grandson of Henry VII, who ruled in England as James I. James's silver coinage changed little from that of Elizabeth in production and style.
The silver penny brooch dates to the end of the reign of the last Anglo-Saxon king, says an expert. ... Edward the Confessor's death in 1066 precipitated the invasion and conquest of England by ...
Silver penny of Elizabeth I. When Elizabeth I ascended the throne in 1558, England was an impoverished country, in religious turmoil, and with a coinage that was in a poor state after Henry VIII's debasement, since when little had been done to improve the quantity or quality of the coins in circulation. The coinage system as whole, needed a ...
William I penny, minted at Lewes Cut penny of William I, minted at Norwich. Following the Norman Conquest, William the Conqueror continued the Anglo-Saxon coinage system. As a penny was a fairly large unit of currency at the time, when small change was needed a penny would be cut in half or into quarters at the mint of issue.
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