Farthings first came into production during the reign of Charles II in 1672 due to a considerable shortage of coins of low denomination. It is always a sign that coins of a certain denomination are needed when tradesmen issue private tokens bearing that denomination, and the well-known tokens of 1660 are a clear indication of the need for the coin.
An extensive series of pattern farthings was struck from the beginning of the reign, but it was not until 1672 that farthings were struck for circulation. The Royal Proclamation of 1672 authorised the striking of farthings and half pennies with legal tender status up to a total of sixpence, but the issue of half pennies was delayed. The Farthing thus became the first of the long series of base metal ‘Britannia’ coinage which was to last almost exactly 300 years.
Like the half penny, the design of the Farthing would also change during George VI’s reign. The design adopted for the reverse was that of a wren, which had been proposed for the reverse of the Edward VIII Farthing. The coin was struck for every year of the reign but, unlike the half penny, it did not undergo minute differences of design from year to year.
The farthing marked the start of a revolutionary coinage reform by Edward I. Until this time, the penny was the smallest denomination. Low value transactions could be conducted using pennies cut into halves or quarters. The act of cutting pennies into quarters or fourths was how the word Farthing or “fourthing” came about. These silver farthings were introduced by Edward I during the recoinage of 1279. They brought about the end of the practice of cutting coins into halves and quarters. The old coinage and the use of pennies cut into farthings remained legal tender until they were demonitised in August 1280. These coins were the smallest silver coins of the early medieval period and were well circulated and are now over 700 years old, and they are much scarcer than the Pennies. We have been putting these aside for many years and are delighted to offer them to you now, for the first time. Available in Fine, while stocks last.
In 1905 King Edward VII was on the throne, finally having taken over from his late mother, Queen Victoria. Arthur Balfour is Prime Minister and Chelsea has just been elected to the Football League. The GPO had just gotten rid of horse-drawn carriages to deliver the mail from London to Brighton and replaced them with Motor Lorries. The 1st public protest by a suffragette took place and Alf Common became the first £1000 football transfer. The Farthing was the smallest denomination regularly issued. You had the King’s bare head on one side and a seated Britannia on the other side. We can offer you the King Edward VII Farthing in Fine condition for your collection.
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