In the year 1421 was granted to Henry V. a fifteenth, to be paid at Candlemas and at Martinmas, of such money as was then current, gold or silver, not overmuch clipped or washed; to wit, that if the noble were worth five shillings and eight pence, then the king should take it for a full noble of six shillings and eight pence, and if it were less of value than five shillings and eight pence, then the person paying that gold to make it good to the value of five shillings and eight pence, the king always receiving it for a whole noble of six shillings and eight pence. And if the noble so paid be better than five shillings and eight pence, the king to pay again the surplusage that it was better than five shillings and eight pence. Also this year was such scarcity of white money, that though a noble were so good of gold and weight as six shillings and eight pence, men might get no white money for them. In the year 1465, King Edward IV. caused a new coin both of gold and silver to be made, whereby he gained much; for he made of an old noble a royal, which he commanded to go for ten shillings. Nevertheless, to the same royal was put eight pence of alloy, and so weighed the more, being smitten with a new stamp, to wit, a rose. He likewise made half-angels of five shillings, and farthings of two shillings and six pence, angelets of six shillings and eight pence, and half-angels of three shillings and four pence. He made silver money of three pence, a groat, and so of other coins after that rate, to the great harm of the commons. W. Lord Hastings, the king’s chamberlain, being master of the king’s mints, undertook to make the monies under form following, to wit,--of gold, a piece of eight shillings and four pence sterling, which should be called a noble of gold, of the which there should be fifty such pieces in the pound weight of the Tower; another piece of gold of four shillings and two pence sterling, and to be of them an hundred such pieces in the pound; and a third piece of gold, of two shillings and one penny sterling, two hundred such pieces in the pound; every pound weight of the Tower to be worth twenty pounds, sixteen shillings, and eight pence, the which should be twenty-three carats, three grains and a half fine, etc., and for silver thirty-seven shillings and six pence; the piece of four pence to be one hundred and twelve groats and two pence in the pound weight. In the year 1504, King Henry VII. appointed a new coin, to wit, a groat, and half-groat, which bare but half faces; the same time also was coined a groat, which was in value twelve pence, but of those but a few, after the rate of forty pence the ounce.