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English Silver Penny
In the 1120s the English silver penny was the kingdom's most widely circulated legal tender, its weight and fineness standardized after Henry I's coi…
Timeline
- c. 1121–1125London Mint · LondonHenry I strengthened weight standards for silver pennies and tightened oversight of mints, curbing private debasement; the kingdom's currency reputation recovered markedly around the mid-1120s.
- c. 1125–1130The counties of England · EnglandStandardized silver pennies circulated through markets, manors, and church channels, becoming the everyday medium of payment for taxes, rents, and cross-border trade, especially the wool trade with Flanders.
Sources
- English Medieval Coinage, Volume I: The Early Anglo-Saxon Period c. 600-865 — C.E. Blunt (1986)
- The English Coinage 600-1900 — C.E. Challis (1992)