Edward IV Penny

Steve Smith said the lockdown had given his the opportunity to sort out his collection of detecting finds. Other should do the same, for when restrictions are lifted all detectorists will want to be out and about again.

Steve sent in images of a coin he had found about four years since. He had initially identified it as a penny of Edward IV but he now thought it could be Richard III. Therefore, he asked for my opinion.

The reverse is rather weak but there is a quatrefoil in the centre, so it must have been struck at the archbishop’s mint at York. On the obverse the mint mark is a rose, the legend starts with ED, there is a letter T to the left of the king’s neck and a sloping key to the right. All these characteristics add up to the coin being a penny of Edward IV; it was struck at York for the profit of Archbishop Thomas Rotherham during Edward’s second reign. In the Standard Catalogue pennies of this type are listed as number 2134.

Valuation

The reverse of Steve’s coin is only Fair but on the obverse all the important details are clear and this side would grade Fine for the issue. Unfortunately, someone has pierced this penny, probably in the late 15th century so the coin could be stored with others on a length of string. In terms of value, without the hole I would have said around £30 but with it £12 at best.

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