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) 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. Its appearance represents the end of gold coinage, which, at the start of Frankish rule, had either been Roman (Byzantine) or "pseudo-imperial" (minted by the Franks ...
Gold coins typically represented larger nominal sums, but they also introduced a bimetallic system of currency which depended on the values of two precious metals. The French "franc", introduced in 1360, was the first coin anywhere to represent exactly 1 pfund or "pound". The gold "sovereign", first minted in 1489, was the first English £1 coin.
The earliest known English coins are gold pieces, modelled on contemporary Merovingian Frankish coinage, and consisting largely of tremisses: one third of a gold solidus, originally weighing 4.5g, but in the Anglo-Saxon context apparently based on a revised standard of 3.9g implemented in Gaul from around the 580s.
Tremissis from Constantinople in the second reign of Zeno. Frankish gold Tremissis with Christian cross, issued by minter Madelinus [], Dorestad, Netherlands, mid-600s.. The tremissis or tremis (Greek: τριμίσιον, trimision) was a small pure gold coin of Late Antiquity.
The coins were originally minted in two denominations, 20 and 40 francs for Napoléon Bonaparte. The 40-franc gold piece did not become popular. [8] The 20 franc coins are 21 mm in diameter (about the size of a U.S. five-cent piece or a Swiss 20 Rappen coin), weigh 6.45 grams (gross weight) and; at 90% pure, contain 0.1867 troy ounces (5.807 g) of pure gold.
There's no shortage of interesting, old and rare European coins capable of commanding big money at auction -- but are any actually still in circulation and not being handled by private collectors ...
The franc (/ f r æ ŋ k /; French: franc français, [fʁɑ̃ fʁɑ̃sɛ]; sign: F or Fr), [n 2] also commonly distinguished as the French franc (FF), was a currency of France.Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money.
On History Channel's hit show "Pawn Stars," a man came in to sell a 1907 Saint-Gaudens double eagle $20 gold coin. The coins are extremely rare, and some of them have sold for more than $1 million ...
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