Coins & coinage (4 pages found in this category)


Coinage Act 1816

Act of the UK parliament adopting the gold standard, tying the value of the pound sterling to the value of gold.

Electrum

Naturally occurring amalgam of gold and silver used in the production of early coins.

Farthing

British coin with the value of one quarter of an old penny, 1/960 of a pound sterling.

Great Recoinage of 1696

Attempt by the English government under William III to replace the hammered silver coins that made up most of the coinage then in circulation with coins with milled edges, to prevent clipping.