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1604-1612
1612-1619
1619-1625
1625-1660
1660-1662
1663-1717
1717-1797
With the ascension of James I and VI to the throne, the coinage was altered
to include the Scottish lion. In 1604 the weight of the gold pound was reduced
and it became known as the ‘Unite’.
| Half penny |
=
1/2 penny |
|
| Penny |
= basic monetary unit |
|
| Half
groat |
= 2 pence |
|
| Sixpence |
= 6 pence |
|
| Shilling |
= 12 pence = 1s |
|
| Half
crown |
= 30 pence = 2s 6d |
|
| Half
crown |
= 30 pence = 2s 6d |
|
| Thistle
Crown |
= 48 pence = 4s |
|
| Crown |
= 60 pence = 5s |
|
| Half
angel |
= 60 pence = 5s |
|
| Double
Crown |
= 120 pence = 10s |
|
| Angel |
= 120 pence = 10s |
|
| Spur
Ryal |
= 180pence = 15s |
|
| Unite |
= 240 pence = 20s = £1 |
|
| Rose
Ryal |
= 360 pence = 30s = £1 10s |
|
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Gold coins were re-valued in 1612 and a new copper ha’penny was introduced
in 1613.
| Farthing |
=
1/4 penny |
|
| Half
penny |
= 1/2 penny |
|
| Penny |
= basic monetary unit |
|
| Half
groat |
= 2 pence |
|
| Sixpence |
= 6 pence |
|
| Shilling |
= 12 pence = 1s |
|
| Half
crown |
= 30 pence = 2s 6d |
|
| Crown |
= 60 pence = 5s |
|
| Angel |
= 132 pence = 11s |
|
| Spur
Ryal |
= 198pence = 16s 6d |
|
| Unite |
= 264 pence = 22s = £1 |
|
| Rose
Ryal |
= 396 pence = 33s = £1 13s |
|
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The Ryals and Angel were re-minted lighter to re-establish their original
values and the Unite was replaced by the Laurel.
| Farthing |
=
1/4 penny |
|
| Half
penny |
= 1/2 penny |
|
| Penny |
= basic monetary unit |
|
| Half
groat |
= 2 pence |
|
| Sixpence |
= 6 pence |
|
| Shilling |
= 12 pence = 1s |
|
| Half
crown |
= 30 pence = 2s 6d |
|
| Crown |
= 60 pence = 5s |
|
| Quarter
laurel |
= 60 pence = 5s |
|
| Half
laurel |
= 120 pence = 10s |
|
| Angel |
= 120 pence = 10s |
|
| Spur
Ryal |
= 180pence = 15s |
|
| Laurel |
= 240 pence = 20s = £1 |
|
| Rose
Ryal |
= 360 pence = 30s = £1 10s |
|
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There were many local coins struck during the Civil War, with names and
values varying. However, the coins minted in the Tower under Charles I and later
under Parliament were as follows. Coins showing Oliver Cromwell's head were
struck, but it is doubtful whether they went into circulation.
| Farthing |
=
1/4 penny |
|
| Half
penny |
= 1/2 penny |
|
| Penny |
= basic monetary unit |
|
| Half
groat |
= 2 pence |
|
| Sixpence |
= 6 pence |
|
| Shilling |
= 12 pence = 1s |
|
| Half
crown |
= 30 pence = 2s 6d |
|
| Crown |
= 60 pence = 5s |
|
| Crown |
= 60 pence = 5s |
|
| Double
Crown |
= 120 pence = 10s |
|
| Unite |
= 240 pence = 20s = £1 |
|
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For the first years of his reign, Charles II continued with the same coinage
as before, with the addition of the three pence and the four pence coins. The
half-groat also became known by its value, of two pence.
| Farthing |
=
1/4 penny |
|
| Half
penny |
= 1/2 penny |
|
| Penny |
= basic monetary unit |
|
| Twopence |
= 2 pence |
|
| Threepence |
= 3 pence |
|
| Fourpence |
= 4 pence |
|
| Sixpence |
= 6 pence |
|
| Shilling |
= 12 pence = 1s |
|
| Half
crown |
= 30 pence = 2s 6d |
|
| Crown |
= 60 pence = 5s |
|
| Crown |
= 60 pence = 5s |
|
| Double
Crown |
= 120 pence = 10s |
|
| Unite |
= 240 pence = 20s = £1 |
|
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In 1663 hand struck coins were replaced by machine made coins and the milled
edge, common on modern money, was introduced. The gold for the new coins came
from Guinea and they took their name from that country.
The denominations used stayed virtually the same throughout this period, but
the value of the gold coins varied according to the cost of gold. For a while
tin coins were used for the farthing and ha’penny.
The table below gives the values at the start of this period. By 1689 the
Guinea was worth 21s 6d and it reached a high of 30s (£1 10s) in 1694.
| Farthing |
=
1/4 penny |
|
| Half
penny |
= 1/2 penny |
|
| Penny |
= basic monetary unit |
|
| Twopence |
= 2 pence |
|
| Threepence |
= 3 pence |
|
| Fourpence |
= 4 pence |
|
| Sixpence |
= 6 pence |
|
| Shilling |
= 12 pence = 1s |
|
| Half
crown |
= 30 pence = 2s 6d |
|
| Crown |
= 60 pence = 5s |
|
| Half
guinea |
= 120 pence = 10s |
|
| Guinea |
= 240 pence = 20s = £1 |
|
| Two
Guineas |
= 480 pence = 40s = £2 |
|
| Five
Guineas |
= 1200 pence = 100s = £5 |
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In 1717 the value of the Guinea was fixed at 21s, giving the values below.
The name continued to be used for a value of 21s long after the coins ceased to
exist. A quarter guinea was minted in 1718, but it was an inconvenient size and
was discontinued after one year. It was also issued for a single year in 1762.
| Farthing |
=
1/4 penny |
|
| Half
penny |
= 1/2 penny |
|
| Penny |
= basic monetary unit |
|
| Twopence |
= 2 pence |
|
| Threepence |
= 3 pence |
|
| Fourpence |
= 4 pence |
|
| Sixpence |
= 6 pence |
|
| Shilling |
= 12 pence = 1s |
|
| Half
crown |
= 30 pence = 2s 6d |
|
| Crown |
= 60 pence = 5s |
|
| Half
guinea |
= 126 pence = 10s 6d |
|
| Guinea |
= 252 pence = 21s = £1 1s |
|
| Two
Guineas |
= 504 pence = 42s = £2 2s |
|
| Five
Guineas |
= 1260 pence = 100s = £5 5s |
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