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World & Ancient Coins Discussion relating to world & ancient coins. Including, but not limited to, the new Euro coins.

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Old 10-18-2009, 06:12 PM   #1 (permalink)
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Post emergency coinage

emergency coinage known as gun money was struck with the the month as well as the year.
JamesII landed at kinsale on march 12th 1689 to recover his throne from williamIII.
To pay his franco-irish army james had an emergency coinage struck largely of scrap metal from old cannons old cannons being of brass the coinage was virtually worthless except as a metal promise to redeem -in gold or in silver at a later date
Eventually even the gun money metal became difficult to get or produce in a sufficient quantity so james had existing coins overstruck.thus sixpences became shillings. Shillings became halfcrowns.and halfcrowns were over-struck to become crowns.
Redemption however relied on james being successfull.
But when he reached the north things went from bad and the battle of the boyne nearly ended this.
The french never in decisive numbers went home.
William eventually defeated james and now took a terrible revenge on james his soldiers and anybody who had honoured the gun money
He proclaimed the coins to be legar tender but with new values
Large half crowns revalued at one penny
Small half crowns etc =three farthings
Shillings and sixpences=one farthing
The coin i have here is a large shilling aug 1689
Just wanted to share this lilte bit of history with you
Dave
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gunmoney-shilling-001.jpg  

shilling-rev-001.jpg  

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Old 11-12-2009, 06:10 AM   #2 (permalink)
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Lovely coin Dave and a great bit of history, it is something I am still trying to add to my collection
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Old 11-12-2009, 06:17 AM   #3 (permalink)
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thanks steve
and i am still trying to get more
hard to get in high grades without paying over the price
dave
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Old 11-12-2009, 06:19 AM   #4 (permalink)
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Have to agree Dave every time i have seen one on ebay and gone for it been out bid LOL
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Old 11-12-2009, 06:33 AM   #5 (permalink)
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likewise and the buy it now sellers know how to ask
lol dave
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Old 11-12-2009, 07:44 AM   #6 (permalink)
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Thanks for sharing the tale of these coins, always found them fascinating and so connected to British and Irish history.

I myself want one of the 1691 Limerick halfpennies - such a cool and enigmatic piece.
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Old 11-12-2009, 08:01 AM   #7 (permalink)
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thanks for sharing that
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Old 11-12-2009, 08:35 AM   #8 (permalink)
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Thanks for posting, and great coin!
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Old 11-12-2009, 10:49 AM   #9 (permalink)
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Gun money are the most affordable coins available minted between 400 and 1750
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Old 11-13-2009, 09:50 AM   #10 (permalink)
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Excellent post!
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Old 11-13-2009, 06:55 PM   #11 (permalink)
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Quote:
Originally Posted by scottishmoney View Post
Thanks for sharing the tale of these coins, always found them fascinating and so connected to British and Irish history.

I myself want one of the 1691 Limerick halfpennies - such a cool and enigmatic piece.
thanks i still have to get one my self
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thanks for sharing that
thanks
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Thanks for posting, and great coin!
thanks
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Excellent post!
thanks even though i forgot one or two words
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Gun money are the most affordable coins available minted between 400 and 1750
it depends on the size of your purse
dave
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