The Noble was the first English gold coin produced in quantity, introduced during the second coinage (1344–46) of King Edward III. It was preceded by the gold penny and the florin, minted during the reign of King Henry III and the beginning of the reign of King Edward III; these saw little circulation.
The derivatives of the noble, the half noble and quarter noble, on the other hand, were produced in quantity and were very popular. The value of the coin was six shillings and eight pence, which was equivalent to eighty old pence or one-third of a pound sterling. The weight was changed from issue to issue to maintain this value until 1464 when the value was increased. Throughout the history of this denomination there are many variations of inscription, mint mark, and (to some extent) of design.
The coin was introduced during the second coinage (1344–46) of King Edward III, when the coin weighed 138.5 grains (9.0 grams). During the king's third coinage (1346–51) the weight of the coin was reduced to 128.5 grains (8.3 grams), whilst in his fourth coinage (1351–77) it became even lighter, at 120 grains (7.8 grams).
During the reign of King Richard II (1377–99), nobles were struck at both the London and Calais mints, but today they are difficult to obtain. Coins minted at Calais can be distinguished because the ship has a flag at the stern.
The gold noble, which had hardly changed in style, value, or quality since the reign of Edward III, was minted for the last time during the first reign of King Edward IV (1461–70). The price of gold rose from the 1430s onward, so gold coins were worth more in Europe than in England, which resulted in a gold shortage in England as coins were exported for profit.
Available exclusively from Rosland as a limited-edition run of only 250 pieces, each stunning coin is presented in a beautiful wooden gloss case, is accompanied by a numbered certificate of authenticity and is presented in a beautiful wooden gloss box.
|Issuer:||Tristan da Cunha|