The History of Currency, 1252 to 1896Shaw, William Arthur
History
The History of Currency, 1252 to 1896
Shaw, William Arthur
Money -- History
In Flanders the first gold coins were struck in 1357, under the rule of
Count Louis II.[3] Both the coins issued by him are copied directly from
French types----his _real au lion_ from the French _écu_ of Philip IV.,
and his _mouton d'or_ from the French coin of the same name. And it was
the same French original which furnished the types to William V., Count
of Holland (1356-77), when he followed the fashion and coined gold. Of
the six types minted by Count William during his reign, two are an
imitation of the French _mouton_, and the last is derived from the
universally prevailing type, the florin.
[Sidenote: GOLD COINAGE IN SPAIN AND ENGLAND]
In Spain the first coining of gold by the Christian powers fell in the
same epoch and derived from the same source. Alfonso XI. (1312-50),
surnamed the "Noble," was the first King of Castille who coined the _oro
gran modulo_ (_doblas de oro_), while in Aragon Pedro IV. (1336-87),
"the Ceremonious," in his _oro florines_ directly imitated the
Florentine type, though his later pieces are more original in design.
Finally, with regard to England,--to whose monetary history a central
importance attaches,--the course of events was most evidently controlled
by the revolution in the continental currencies. It is, at the same
time, comparatively easy to ascertain. The first of our kings to issue
gold coins was Henry III., who in 1257 coined a penny of fine gold, of
the weight of two silver pennies of the time, and ordered it to be
current for twenty pence.
Public-domain text, read in full here on John Shaqi.
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