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1551 Edward VI Halfcrown MM Y Southwark

1551 Edward VI Halfcrown MM Y Southwark Obverse
from
£950.00
1551 hammered Halfcrown of Edward VI, minted at Southwark. The first Halfcrowns were struck in the reign of Henry VIII and were made of gold. A silver version was initially issued in the name of Edward VI in 1551 alongside full Crowns with a similar appearance. The denomination was introduced in a period when Edward’s regency council was working to end a policy of radical metal debasement, implemented in the closing years of Henry’s rule. This would become known as the Great Debasement and its the reason that so many coins from the 1540s are in poor grade. In 1548 an attempt was made to improve the state of the gold coinage with a comparable improvement in silver denominations was begun three years later. The new denominations introduced at this point - the Crown and Halfcrown - would be struck for another four centuries with a face value of five Shillings and two Shillings and Sixpence respectively. The obverse of this, one of the first Halfcrowns, features an equestrian portrait of the young king, holding a spear, his horse riding right. The date appears below the horses hooves and the design is enclosed within a linear circle then a beaded circle. The Y mint mark which appears to both obverse and reverse indicates that this coin was struck in Southwark: a short-lived mint at that operated at Suffolk Place in the 1540s and 1550s. The reverse shows a fourchée long cross, quartering a shield of royal arms. The ends of the cross break through a linear ring and a beaded ring, extending to the edge of the coin. Weight: 14.92 grams, diameter: 35.2 millimetres. Grade: GF - A good solid coin with clear details, reverse slightly better for Fine or above. Spink 2479.
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Obverse

Horse and rider proceeding right, rider holding spear or sword. Date below. Y mint mark for Southwark. Legend around: ':EDWARD .' VI .' D .' G .’ AGLIE : FRAN .’ Z : HIB .’ REX ·'.

Reverse

Long cross fourchée over square topped shield of royal arms. Y mint mark for Southwark. Legend: ':POSVI | DEV ': A | DIVTOR | E .’ MEV .'.

Grade

GF - A good solid coin with clear details, reverse slightly better for Fine or above. 

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