Edward I, Irish penny
This coin turned up during a detecting session on 2 September. The finder, Richard Wells, asked for a valuation in order to come to an agreement with a landowner.
The coin is an Irish penny of Edward I. On the obverse is a bust of the king with three pellets below; the legend on this side reads EDW R ANGL D NS hyB with punctuations, including a pellet before EDW.
The reverse, with a long cross pattee and pellets in each angle, is the English type. Split into four sections on the reverse is a legend reading CIVI TAS WATE RFOR, so the mint is Waterford. All these characteristics added together point towards this penny being an example of class Ib.
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Valuation
This Irish penny is well struck on a round flan. However, it is a fairly common type and has enough circulation wear to reduce the grade of preservation to Fine. In its present condition a fair market price would be £40.