Shilling (English coin)
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The English shilling was a
silver Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical ...
coin of the
Kingdom of England The Kingdom of England (, ) was a sovereign state on the island of Great Britain from 12 July 927, when it emerged from various History of Anglo-Saxon England, Anglo-Saxon kingdoms, until 1 May 1707, when it united with Kingdom of Scotland, ...
, when first introduced known as the testoon. A shilling was worth twelve pence, and there were 20 shillings to the
pound sterling Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and ...
. The English shilling was introduced in the 16th century and remained in circulation until it became the British shilling as the result of the Union of England and Scotland to form the
Kingdom of Great Britain The Kingdom of Great Britain (officially Great Britain) was a Sovereign state, sovereign country in Western Europe from 1 May 1707 to the end of 31 December 1800. The state was created by the 1706 Treaty of Union and ratified by the Acts of ...
in 1707.


Name

The word ''shilling'' comes from the
Old English Old English (, ), or Anglo-Saxon, is the earliest recorded form of the English language, spoken in England and southern and eastern Scotland in the early Middle Ages. It was brought to Great Britain by Anglo-Saxon settlers in the mid-5th c ...

scilling
' (meaning to separate), an accounting term dating back to Anglo-Saxon times, to mean a 20th of a pound, although there was no specific coin of that value. A common misconception is that the word is a Norse
loanword A loanword (also loan word or loan-word) is a word at least partly assimilated from one language (the donor language) into another language. This is in contrast to cognates, which are words in two or more languages that are similar because t ...
into English; however, it can be found in English laws many years before Norse incursions into Britain, for example the
Law of Æthelberht The Law of Æthelberht is a set of legal provisions written in Old English, probably dating to the early 7th century. It originates in the kingdom of Kent, and is the first Germanic-language law code. It is also thought to be the earliest examp ...
, of Kent.


History


Testoon

In the
Kingdom of England The Kingdom of England (, ) was a sovereign state on the island of Great Britain from 12 July 927, when it emerged from various History of Anglo-Saxon England, Anglo-Saxon kingdoms, until 1 May 1707, when it united with Kingdom of Scotland, ...
, during the reign of Henry VII, the forerunner of the shilling, the testoon, was introduced. This coin was produced in extremely small quantities, probably around 1489, and the fact that there are only three known dies for this issue (and three subsequent legend varieties, HENRIC, HENRIC VII and HENRIC SEPTIM) shows clearly that the coins were not made for general circulation. The HENRIC SEPTIM legend is the rarest and a high rarity also being one of the first testoons. They were made during the same period as the trials for the Profile issue of groats and half-groats, so they were probably trial pieces or patterns. In the
Kingdom of Scotland The Kingdom of Scotland (; , ) was a sovereign state in northwest Europe traditionally said to have been founded in 843. Its territories expanded and shrank, but it came to occupy the northern third of the island of Great Britain, sharing a l ...
, during the reign of
Mary, Queen of Scots Mary, Queen of Scots (8 December 1542 – 8 February 1587), also known as Mary Stuart or Mary I of Scotland, was Queen of Scotland from 14 December 1542 until her forced abdication in 1567. The only surviving legitimate child of James V of S ...
, the testoon and half testoon were introduced to the
Scottish coinage From until 1709 the coinage of Scotland was unique, and minted locally. A wide variety of coins, such as the plack, bodle, bawbee, dollar and ryal were produced over that time. For trading purposes coins of Northumbria and various other places ha ...
in 1553 and 1555 respectively. The 1553 is a Scottish rarity and Mary was presented with one (this piece was EF which sold for £61 during the 1850s Thornburn).


Henry VIII (1509–1547)

The testoon was struck in quantity during the last part of the reign of Henry VIII, with the Tower, Southwark and
Bristol Bristol () is a city, ceremonial county and unitary authority in England. Situated on the River Avon, it is bordered by the ceremonial counties of Gloucestershire to the north and Somerset to the south. Bristol is the most populous city in ...
mints producing testoons in 1544–1551. These testoons were made in the very poor base silver in this period, and are known as base testoons. The coins were struck after Henry's death in 1547, at the Tower, Southwark, and at Bristol. Legend BRISTOLLIE and BRISTOLIE on reverse. BRISTOLIE are extremely rare and were struck pre- and post-death Henry VIII 1547 with WS monogram in legend. (One was recorded pre-WWII at 6.89gms fully round, said to be from BRISTOL used as evidence at the trial of William Sharington.) The mint-marks for these testoons are as follows: :TOWER (London) :* two lis OR :* lis OR :* pellet in annulet :Southwark :* S OR :* E :Bristol :* WS (for
William Sharington Sir William Sharington (born in around 1495, died before 6 July 1553) was an English courtier of the time of Henry VIII, master and embezzler of the Bristol Mint, member of parliament, conspirator, and High Sheriff of Wiltshire. Early life ...
) The coins from Southwark have the reverse legend "CIVITAS LONDON" (City of London) and the Bristol coins the legend "CIVITAS BRISTOLLIE" (City of Bristol) or later "CIVITAS BRISTOLIE" (City of Bristol) The obverse of these coins shows a facing bust of Henry VIII and the reverse side, a crowned rose with Sin legend. Very Rare are any BRISTOL testoons which are full, round and not clipped or shaved.


Edward VI (1547–1553)

Henry VIII's young son
Edward VI Edward VI (12 October 1537 – 6 July 1553) was King of England and Ireland from 28 January 1547 until his death in 1553. He was crowned on 20 February 1547 at the age of nine. Edward was the son of Henry VIII and Jane Seymour and the first E ...
continued the issues of base testoons. In his reign the testoons were called "shillings" for the first time, and the coins show the bust of the young boy king. Unlike his father's coins, the shillings of Edward VI cannot be differentiated by their reverse legend. There are six slightly different busts for these issues. Most importantly, these coins are the first English ones to carry the date, which is in Roman numerals. The coins were minted at the Durham House, Tower, Southwark, Canterbury and Bristol mints. The mint-marks for these coins are: :Durham House   MDXLVIII (1548) :* BOW :This issue is exceedingly rare and could be a pattern or contemporary forgery. :Durham House   MDXLIX (1549) :* BOW :Tower   MDXLIX (1549) :* ARROW OR :* GRAPPLE OR :* PHEON OR :* SWAN :Southwark   MDXLIX (1549) :* Y OR :* EY :Canterbury   MDXLIX (1549) :* ROSE OR :* T :Bristol   MDXLIX (1549) :* TC :Tower   MDL (1550) :* LION OR :* LIS OR :* PHEON AND :* SWAN OR :* MARLET OR :* CROWNED LEOPARD'S HEAD :Southwark   MDL (1550) :* Y OR :* LIS AND Y :Tower   MDLI (1551) :* LION AND ROSE OR :* ROSE AND ROSE :Southwark   MDLI (1551) :* Y AND LIS :Undated issue (Durham House) :* BOW


Fine silver issue

In 1551 the silver standard was restored from about 0.250 silver to the normal 0.925 "sterling" silver. This issue has a stunning facing bust of the king and is very highly collectible. It was struck in large quantities but is normally found fairly worn and sometimes holed. Mint-marks: :Tower or Southwark.   No date (1551) :* Y :Tower.   No date (1551–3) :* TUN


Mary (1553–1558)

No shillings were struck in England until Queen Mary I of England was married in 1554 to Philip of Spain, though Irish shillings with Mary's portrait were struck in 1553 and 1554 before her marriage. After Mary's marriage some shillings were coined. To boost Philip's popularity his bust was placed on these coins, facing Mary's. These coins are fairly rare, but nevertheless do frequently appear on the market. There are two main varieties: Spanish titles (which adds on "Prince and Princess of Spain") and English titles. Many of these coins were dated using Arabic dates and some coins have a mark of value (I__II) above the royal shield. There is an exceedingly rare variety which has the date under the busts. All the coins were made at the Tower mint.


Elizabeth I (1558–1603)

One of the first events of
Elizabeth I Elizabeth I (7 September 153324 March 1603) was List of English monarchs, Queen of England and List of Irish monarchs, Ireland from 17 November 1558 until her death in 1603. Elizabeth was the last of the five House of Tudor monarchs and is ...
's reign was the counter-marking of the Edward VI shillings to revalue them to their true worth. These coins have the counter-mark of a portcullis or
greyhound The English Greyhound, or simply the Greyhound, is a breed of dog, a sighthound which has been bred for coursing, greyhound racing and hunting. Since the rise in large-scale adoption of retired racing Greyhounds, the breed has seen a resurgenc ...
and are extremely rare. The coins with the portcullis counter-mark were revalued at fourpence halfpenny, and the coins with the greyhound were revalued at twopence farthing. A major recoinage was then embarked upon, with thousands of silver coins being produced. The shilling was no exception with the date being removed from the design. (However, mint-marks can be used to reveal the date.) No shillings were produced between 1562 and 1582, but the next issue was also very large and a good number have survived for collectors. Mint-marks: :Hammered issue (all coins were produced in the Tower) :* Lis (1559–1560) :* Cross crosslet (1560–61) :* Marlet (1560–61) :* Bell (1582–83) :* A (1582–84) :* Escallop (1584–86) :* Crescent (1587–89) :* Hand (1590–92) :* Tun (1592–95) :* Woolpack (1594–96) :* Key (1595–98) :* Anchor (1597–1600) :* 1 (1601) :* 2 (1602) :Milled issue (Tower mint only) :* Star (1560–1) The milled issue was produced by Eloye Mestrelle using horse power. The issues were a success, especially the sixpences, but he lost his post over various disputes with the mint workers. Although Eloye found it very difficult to make smaller coins the sixpences and shillings were made in fairly large quantities. The shillings still tend to be much rarer than sixpences and are often found weakly struck, gilded, holed, mounted etc. They are still available to collectors, albeit in poor condition.


James I (1603–1625)

During the reign of
James I James I may refer to: People *James I of Aragon (1208–1276) *James I of Sicily or James II of Aragon (1267–1327) *James I, Count of La Marche (1319–1362), Count of Ponthieu *James I, Count of Urgell (1321–1347) *James I of Cyprus (1334–13 ...
, coinage continued in much the same way as in Elizabeth's but the coins have a mark of value (XII) in front of the bust. Some shillings were struck with a plume above the shield (Welsh silver). The mint-marks for these coins are: :First coinage (reverse legend ''Exurgat deus dissipentur inimici'') :* Lis (1603–4) :* Thistle (1603–4) :Second coinage (reverse legend ''Quae deus coniunxit nemo seperat'', square cut beard) :* Lis (1604–5) :* Rose (1604–6) :* Escallop (1606–7) :* Grapes (1607) :* Coronet (1607–9) :* Key (1609–10) :* Mullet (1611–2) :* Tower (1612–3) :* Trefoil (1613) :* Tun (1613–5) :* Cinquefoil (1613–5) :* Closed book (1615–6) :* Plain cross (1617–18) :Third coinage (very long curly hair) :* Spur Rowel (1619–20) :* Rose (1620–1) :* Thistle (1621–3) :* Lis (1623–4) :* Trefoil (1624) :Welsh issues (with plume above shield) :* Thistle (1621–3) :* Lis (1623–4) :* Trefoil (1624)


1625 to 1706

Shillings were minted in every subsequent reign as well as during the Commonwealth period. From 1707, as the result of the Union of England and Scotland to form the
Kingdom of Great Britain The Kingdom of Great Britain (officially Great Britain) was a Sovereign state, sovereign country in Western Europe from 1 May 1707 to the end of 31 December 1800. The state was created by the 1706 Treaty of Union and ratified by the Acts of ...
, the English shilling was converted into the British shilling.


See also

*
Numismatics Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includ ...
*
Pound sterling Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and ...


References

{{Shilling Coins of England Silver coins