emergency coinage

Discussion in 'World Coins' started by davemac, Oct 18, 2009.

  1. davemac

    davemac dave

    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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  3. De Orc

    De Orc Well-Known Member

    Lovely coin Dave and a great bit of history, it is something I am still trying to add to my collection :smile
     
  4. davemac

    davemac dave

    thanks steve
    and i am still trying to get more
    hard to get in high grades without paying over the price
    dave
     
  5. De Orc

    De Orc Well-Known Member

    Have to agree Dave every time i have seen one on ebay and gone for it been out bid LOL
     
  6. davemac

    davemac dave

    :pencil: likewise and the buy it now sellers know how to ask
    lol dave
     
  7. scottishmoney

    scottishmoney Buh bye

    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.
     
  8. randygeki

    randygeki Coin Collector

    thanks for sharing that :)
     
  9. TheBigH

    TheBigH Senior Member

    Thanks for posting, and great coin!
     
  10. ericl

    ericl Senior Member

    Gun money are the most affordable coins available minted between 400 and 1750
     
  11. goossen

    goossen Senior Member

    Excellent post!
     
  12. davemac

    davemac dave

    thanks i still have to get one my self
    thanks
    thanks
    thanks even though i forgot one or two words
    it depends on the size of your purse
    dave
     
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