I was wonder if anyone knows why the 1804 Bank of England token is valued at 5 shillings and the Bank of Ireland token was valued at 6 shillings when both coins were minted from 8 reales coins?
Usually in the islands the local currencies traded at a discount vs the British shilling. Preference was given to valuing the crown at 6/- in Ireland to keep the coin in Ireland and not have it travel to England. In a similar vain, but in the opposite the 8 reales coins were counterstamped in Scotland and tariffed at 4/9 so that they would stay in Scotland.
