Noble (English coin)

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Edward III: AV noble. 1354-1355. Pre-treaty period, series E, London mint Edward III noble.jpg
Edward III: AV noble. 1354–1355. Pre-treaty period, series E, London mint

The noble was the first English gold coin produced in quantity, introduced during the second coinage (1344–1346) of King Edward III. It was preceded by the gold penny and the florin, minted during the reign of King Henry III and the beginning of the reign of King Edward III; these saw little circulation. The derivatives of the noble, the half noble and quarter noble, on the other hand, were produced in quantity and were very popular.

Contents

The value of the coin was six shillings and eight pence (written 6/8, or 6s.8d., vjs.viijd.), which was equivalent to eighty old pence or one-third of a pound sterling. The weight was changed from issue to issue to maintain this value until 1464 when the value was increased. Throughout the history of this denomination there are many variations of inscription, mintmark, and (to some extent) of design.

Origin

The coin was introduced during the second coinage (1344–1346) of King Edward III, when the coin weighed 138.5 grains (9.0 grams); during the king's third coinage (1346–1351) the weight of the coin was reduced to 128.5 grains (8.3 grams), while in his fourth coinage (1351–1377) it became even lighter, at 120 grains (7.8 grams). The diameter of the noble was 33–35 mm, half noble 25–26 mm and quarter noble 19–21 mm.

Edward III Second Coinage obverse legend: EDWAR DGRA REX ANGL Z FRANC DNS HYB ("Edward by the grace of God King of England and France Lord of Ireland"). Design: The king, holding a sword and shield in a ship. Reverse legend: IHC AUTEM TRANSIENS PER MEDIUM ILLORUM IBAT ("But Jesus passing through their midst went His way"). Design: 'L' in centre of a cross. The image of the ship and the Biblical text (from the Gospel of Luke 4:30) commemorate Edward's victory at the Battle of Sluys in 1340. [1]

The Third Coinage design is the same as the Second Coinage, except for having an 'E' in the centre of the cross on the reverse.

During the Fourth Coinage, politics required changes in the inscriptions. Initially Edward retained his claim on the throne of France, but following the Treaty of Brétigny in 1360 this claim was dropped, and coins instead claim Aquitaine. In 1369 the treaty broke down and the claim on the throne of France was reinstated.

Pre-Treaty legend (obverse): EDWARD DEI GRA REX ANGL Z FRANC D HYB(E) ("Edward, by the grace of God King of England and France, Lord of Ireland"). Reverse legend: IHC AUTEM TRANSIENS PER MEDIUM ILLORUM IBAT ("But Jesus passing through their midst went His way").

Transitional period (1361) and Treaty period (1361–1369) (obverse): EDWARD DEI GRA REX ANGL DNS HYB Z ACQ (Edward by the grace of God King of England Lord of Ireland and Aquitaine). Reverse legend: IHC AUTE TRANSIES P MEDIUM ILLORR IBAT ("But Jesus passing through their midst went His way") (many varieties exist and often whole words are missing).

Post-Treaty period (1369–1377) (obverse): EDWARD DEI G REX ANG Z FRA DNS HYB Z ACT (Edward by the grace of God King of England and France Lord of Ireland and Aquitaine). Reverse legend: IHC AUTE TRANSIES P MEDIUM ILLORR IBAT ("But Jesus passing through their midst went His way") (many varieties exist and often whole words are missing).

1377 onwards

Noble of Richard II, 1377, London mint, National Museum in Warsaw. Ornate cross with lis at ends, R in center, surrounded by crowns and lions, saltire cross mintmark London Noble of Richard II.jpg
Noble of Richard II, 1377, London mint, National Museum in Warsaw. Ornate cross with lis at ends, R in center, surrounded by crowns and lions, saltire cross mintmark

During the reign of King Richard II (1377–99), nobles were struck at both the London and Calais mints, but today they are difficult to obtain. Coins minted at Calais can be distinguished because the ship has a flag at the stern.

Obverse legend: RICARD DI G REX ANGL Z FR DNS HIBS Z AQT (with minor variations in abbreviations) ("Richard by the grace of God King of England and France Lord of Ireland and Aquitaine"). Reverse legend: IHC AUTEM TRANSIENS PER MEDIUM ILLORR IBAT (many varieties exist) ("But Jesus passing through their midst went His way").

There exists a variant obverse: RICARD DI GR REX ANGL DNS HIBS Z AQT – note the omission of the French title.

Nobles produced during the reign of King Henry IV (1399–1413) are divided into the "Heavy Coinage" of 120 grains (7.8 grams) produced until 1412, and the "Light coinage" of 108 grains (7.0 grams) produced in 1412–13. Henrician nobles are a little difficult to distinguish because King Henry V and King Henry VI also produced nobles and at first glance they look very similar, but variations particularly in mintmarks can tell them apart – interested readers are advised to consult a good coin catalogue.

During the Heavy Coinage period, nobles were minted in both London and Calais, the Calais coins again being distinguished by the flag on the stern of the ship. During the Light Coinage period, nobles were only minted in London.

Obverse legend: HENRIC DI GRA REX ANGL Z FR DNS HIBS Z AQT (with many variations in abbreviations) ("Henry by the grace of God King of England and France Lord of Ireland and Aquitaine") . Reverse legend: IHC AUTEM TRANSIENS PER MEDIUM ILLORR IBAT ("But Jesus passing through their midst went His way").

1413 onwards

A noble of Henry V Noble of Henry V.JPG
A noble of Henry V

Henry V's (1413–22) coins are very similar to those of his father, but there are about seven different varieties of design and style of lettering. The omission of the "and Aquitaine" title is another difference between the coins of Henry IV and V.

Obverse legend: HENRIC DI GRA REX ANGL Z FRANC DNS HYB (often abbreviated) ("Henry by the grace of God King of England and France Lord of the Irish"). Reverse legend: IHC AUTEM TRAN(S)IENS PER MEDIUM ILLORR IBAT ("But Jesus passing through their midst went His way").

Nobles were struck throughout Henry VI's first reign (1422–61), but a shortage of gold resulted in fewer coins being struck. There were a number of issues, from both the London and Calais mints, but towards the end of the period the coins were only struck in London.

Obverse legend: HENRIC DI GRA REX ANGL Z FRANC DNS HYB (often abbreviated) ("Henry by the grace of God King of England and France Lord of the Irish"). Reverse legend: IHC AUTEM TRANSIENS PER MEDIUM ILLORR IBAT ("But Jesus passing through their midst went His way").

In an episode of the British archaeological television series Time Team , [2] a gold Noble was unearthed while excavating the drawbridge area of the moat of Codnor Castle. This helped to date the original castle construction and was believed to confirm the participation of the occupants in the Battle of Agincourt.

1430 onwards

Edward IV: Ryal
Ryal 1467 701259.jpg
Edward standing facing, holding sword and shield, in ship, E on banner at stern, rose on hull, quatrefoil of four pellets after FRAnC, pellet to lower left of shieldRose over sun with fleurs, crowns, and lions; small trefoils in spandrels; quatrefoil of four pellets after ILLORVM, first S missing in TRAnSIEnS
AV Ryal Rose Noble (7.59 g, 12h). Light coinage, Type VIII, 1467–1468. London mint, mintmark: -/crown

The gold noble, which had hardly changed in style, value, or quality since the reign of Edward III, was minted for the last time during the first reign of King Edward IV (1461–1470). The price of gold rose from the 1430s onward, so gold coins were worth more in Europe than in England, which resulted in a gold shortage in England as coins were exported for profit. Only a small quantity of nobles were minted during Edward IV's Heavy Coinage period (1461–64), at London. Finally, in 1464 in an attempt to stop the coins drifting over to the continent, the value of all gold nobles was raised from six shillings and eight pence (6/8 or 80 pence) to eight shillings and four pence (8/4 or 100 pence), and a new coin, the "Rose Noble, or Royal" worth ten shillings and weighing 120 grains (7.8 grams) was introduced – however, it was unpopular and was discontinued after 1470.[ citation needed ] In contrast, a new coin worth six shillings and eight pence (the same as the original noble), the angel was introduced in 1464 and soon became a popular and important coin.

Obverse legend: EDWARD DI GRA REX ANGL Z FRANC DNS HYB ("Edward by the grace of God King of England and France Lord of Ireland"). Reverse legend: IHC AUTEM TRANSIENS PER MEDIUM ILLOR IBAT ("But Jesus passing through their midst went His way").

Shakespeare

The noble is present in Shakespeare's theatre:

Hostess: Marry, my lord, there is a nobleman of the court at door would speak with you: he says he comes from your father.
Prince Henry: Give him as much as will make him a royal man, and send him back again to my mother. [3]
The royal refers to the new noble, or royal, worth 10 shillings.
Shepard:'Tis true, I gave a noble to the priest
The morn that I was wedded to her mother. [4]
Nym: I shall have my eight shillings I won of you at betting?
Pistol: A noble shalt thou have, and present pay; [5]
Gloucester: ...
That scarce, some two days since, were worth a noble. [6]
Benedick: ...noble, or not I for an angel;... [7]

Related Research Articles

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Halfpenny (British pre-decimal coin) Pre-decimal unit of currency that equalled half of a penny or 1⁄480 of a pound sterling

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Farthing (British coin) Former official unit of currency of the United Kingdom and other territories

The British farthing coin, from Old English fēorðing, from fēorða, a fourth, was a unit of currency of one quarter of a penny, equivalent to 1/960 of a pound sterling, or 1/48 of a shilling. It was minted in copper and later in bronze, and replaced the earlier English farthings.

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Unite (English coin)

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Sixpence (British coin) _.aquu.q

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History of the halfpenny

The British halfpenny coin was worth 1/480th of a pound sterling. At first in its 700-year history it was made from silver but as the value of silver increased, the coin was made from base metals. It was finally abandoned in 1969 as part of the process of decimalising the British currency. "Halfpenny", colloquially written ha'penny, was pronounced HAY-pə-nee; "1 ½d" was spoken as a penny ha'penny or three ha'pence.

The threepence or threepenny bit was a denomination of currency used by various jurisdictions in England, Ireland, Scotland and Wales, valued at 1/80 of a pound or ¼ of a shilling until decimalisation of the pound sterling and Irish pound in 1971. It was also used in some parts of the British Empire, notably Australia, New Zealand and South Africa.


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Penny (British pre-decimal coin) British pre-decimal coin worth 1/240 of a pound sterling

The pre-decimal penny (1d) was a coin worth 1/240 of a pound sterling, or one twelfth of a shilling. Its symbol was d, from the Roman denarius. It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling. The penny was originally minted in silver, but from the late 18th century it was minted in copper, and then after 1860 in bronze.

Farthing (English coin)

A farthing was a coin of the Kingdom of England worth one quarter of a penny, 1960 of a pound sterling. Such coins were first minted in England in silver in the 13th century, and continued to be used until the Kingdom of England was merged into the new Kingdom of Great Britain in 1707.

References

See also