Groat of Edward IV or V
A detectorist who goes by the name of The Dirty Weekender sent in the coin pictured here and asked for a valuation.
For majority of coins the most straightforward fact is the name of the person for whom it was struck. However, in the case of this London groat we have no less than three contenders.
At the start of the legend on the obverse the king’s name reads EDVARD, below the bust is a pellet and the mint mark on both sides is a halved sun and rose. This mint mark was introduced very late in the reign of Edward IV, then continued in use through the short reign of Edward V and was still current when Richard III grasped the throne.
Groats of this type are listed under ‘Edward IV or V’ in the Standard Catalogue as number 2140. They are not particularly rare but always fetch high prices due to their connection with very famous kings.
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Valuation
Over the last couple of years groats of this type have gone up in price. In 2022 a VF example was sold at auction and the hammer price was £4,000. Another specimen, graded as nearly VF, sold for £3,800.
The groat under discussion is slightly short of flan and has a small weak area on the reverse but is otherwise in about VF condition. Therefore, if it was sold at auction then the hammer price should be between £3,200 and £3,500.
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