scottishmoney

Gees - If Aidan is going to start these threads, I think we should require him to supply imagery of his discussion topics

Peter Symes has also written some of the most authoritative treatises of Scottish banknotes, my fave of course, Kirkwood and Sons, Copperplate engravers.

The Birmingham 3d's are scarce to find in choice conditions however, I have seen dozens of them, but have only found one which suited my particularly stringent desires for such a piece. In searching through my PC files I tried to find the image of it, but of course I deleted it.

Neither are they accounted for in "Arian", A history of banking in Wales since the 17th Century by R. Davies, which I purchased specifically hoping for such a listing.

Actually, as it is, only banks which had the right of note issue in the Banking Reform Act of 1845 can now issue notes. And as Chris notes, they have to cover note issue with BoE issue to the amount of the outstanding issue. This effectively prohibits an upstart from issuing notes. The only way an entity can issue notes is to be the BoE or to have note issue, inherited etc from the 1845 act. Note in NI and Scotland there are no legal tender notes now, since only coin and previously 10/- and BoE £1 notes were legal tender, now with neither being legal tender, only coin is legal tender, but only to a minimal amount. Legal tender as it is defined in Scotland is any form of payment generally and popularly accepted by the parties of a transaction and not specific to a form of tender.

Aidan, at one time these notes were right common. So much so that they were sold as novelties in Chemists shops for 45p in the early 1970's. Actually the inscription you have noticed means "cancelled", they were forced by the authorities to stop the note issues, so as a result they did this to further inflame their cause. But alas, these notes subsequently got scarce, the notes I could pick up as inexpensive novelties became scarce collectors items by the late 1990's, perhaps it was the realisation that these were relics from a more radical era in the devolution cycle in Britain that were overlooked as collectibles. So that now when in the instance you find them for sale, they are right pricey. I had all the bridge notes, the cog railway notes, the castle notes etc at one time, my brother wanted them so I gave all but a castle 5/- to him. Now I wisht I had them again, who knows what he did with them.

The above Groat coin was the first of this denomination struck in Scotland, all prior issues were pennies or there fractions. It was struck earlier in the reign, and is in the "heavy" series of coins that were minted before a devaluation later in the reign. The portrait on this coin reflects a more youthful figure of King David II and was more likely struck in the 1350's when Groats were first minted. the legend around the obverse of the coin is "DAVID DEI GRA REX SCOTORUM" which translates to David, by the grace of God, King of the Scots. The outer legend on the reverse is "DEVS PROTECTOR MEVS ET LIBERATOR MEVS" which tranlates to God is my protector and liberator. The inner legend on the reverse of this coin is "VILLA EDINBURGH" the mint name. This coin is particularly rare, it has seven arcs in the tressure around the King's head, the great majority of these coins have only six arcs.

Unfortunately dictators such as Robert Mugabe have never heard of Thomas Gresham, QEI's advisor, and his famous quote "Bad money drives out good".

I have a David II Scottish Groat with seven arcs in the tressure around the monarch's head. It was listed in the 1888 and 1968 editions of Robertsons book as unique. Now there are believed to be 6-7 examples, mine is probably the nicest example. I paid about £125 for it about 15 yrs ago. The dealer obviously did not know about it being so rare, he just assumed it was the much more common 6 arc variety. How do you establish a price for it if I were to sell it? Obviously these don't sell much, and if I wanted to get a top price for it I would have to auction it through Spinks etc. And then the price would be determined by demand, if or if not there were Scottish collectors in the know.

Play money issued by a farcical regime

Archbishop Wigmund, of York, Northumbria ca. 854AD.

I have one of the wee critters magneted to my ice box. Usually when these are found now they are pretty rusty, the light zinc plating wore off easily exposing the corrosive steel. I have actually had a pile of these once and spent all the rusted out ones.

At one time I endeavoured to collect a Sovereign from every country that minted one. I know I had Australia, South Africa, Britain of course, but I never got India or Canada. One of my family members has an 1877 Sovereign, which legend has it that it came with the family from Cornwall in 1880. Curiously it was minted in Australia and somehow made it to Britain to be shipped yet again across the Atlantic. The only coin I have that came down from the Cornwall ancestors is an 1862 1/2d.

I have a couple of 1978 Krugerrands that I have owned since I was a kid, only recently in the past few months in fact, are they worth more than I paid for them.

Which is to say, think before thou writeth, it canna be undone. Like flammers that post and get all stirred up an change the post later.

This coin is a Scottish Merk from 1668, a Merk was 13 shillings and 6 pence Scots, the rough equivalent of a then contemporary English Shilling. This coin would have circulated in Scotland of course, but occasionally in Northern England also. Many of these coins were withdrawn from circulation in the period of 1707-1709 and melted and reminted as British coins after the Union of 1707. In this condition, the coin is worth betwixt £75-£100.

Some provincial banks issued £1 notes, the Bank of England did not get into the act of issuing £1 notes until 1817-1818 or so during the tenure of Henry Hase. During the early part of the 19th century anything that could pass as money basically did, including even foreign coins, coinage was very scarce - the reign of George III saw very light issues of coinage until 1797, and then the early 19th century.

Nice to know the newlyweds can afford to fill the Cadillac with petrol

17th Century English Tokens 'bout the only page I have up. Just too lazy to do the others.

Yep, noticed that too.

Yep, I think I can make out something of Ferdinand, he would have been the king very early in the 19th century, so this is a Maravedi from the era of 1810-1820 or so.