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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 ...
In heraldry, a roundel of a gold colour is referred to as a bezant, in reference to the coin.Like many heraldic charges, the bezant originated during the crusading era, when Western European knights first came into contact with Byzantine gold coins, and were perhaps struck with their fine quality and purity.
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. Its name, meaning "a third of a unit", formed by analogy with semissis (half of a unit), indicated its value relative to the solidus.
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Precious metals in the form of coins whose market value is determined by metallic content rather than scarcity. bullion value The current market value of the raw precious metal content of a coin. For example, the bullion value for Canadian silver coins minted between 1920 and 1966 is 12 times the face value when silver is $20.00 per troy ounce.
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.
Pistole is the French name given to a Spanish gold coin in use from 1537; it was a doubloon or double escudo, the gold unit. The name was also given to the Louis d'Or of Louis XIII of France, and to other European gold coins of about the value of the Spanish coin. [1]
The earliest coinage is from Gaul, where the Visigoths settled at the beginning of the fifth century, and was followed by coinage from Hispania in the beginning of the sixth century, which became the centre of Visigothic rule after they lost the majority of their territory in Gaul to the Franks. The first coins, commonly known as the pseudo ...