See also:PENNY (See also:Mid. Eng. peni or peny, from O. Eng. See also:form penig, earlier penning and pending; the word appears in Ger. Pfennig and Du. penning; it has been connected with Du. pand, Ger. Pfand, and Eng. " See also:pawn,". the word meaning a little See also:pledge or token, or with G
er
.
Pfanne, a See also:pan), an See also:English See also:coin, equal in value to the one-twelfth of a See also:shilling
.
It is one of the See also:oldest of English coins, superseding the sceatta or sceat (see
See also:NUMISMATICS; and See also:BRITAIN: Anglo Saxon, § " Coins ")
.
It was
introduced into See also:England by See also:Offa. See also:- KING
- KING (O. Eng. cyning, abbreviated into cyng, cing; cf. O. H. G. chun- kuning, chun- kunig, M.H.G. kiinic, kiinec, kiinc, Mod. Ger. Konig, O. Norse konungr, kongr, Swed. konung, kung)
- KING [OF OCKHAM], PETER KING, 1ST BARON (1669-1734)
- KING, CHARLES WILLIAM (1818-1888)
- KING, CLARENCE (1842–1901)
- KING, EDWARD (1612–1637)
- KING, EDWARD (1829–1910)
- KING, HENRY (1591-1669)
- KING, RUFUS (1755–1827)
- KING, THOMAS (1730–1805)
- KING, WILLIAM (1650-1729)
- KING, WILLIAM (1663–1712)
king of 1blercia, who took as a See also:model a coin first struck by See also:Pippin, See also:father of See also:Charlemagne, about 735, which was known in See also:Europe as nevus denarius
.
Offa's See also:penny was made of See also:silver and weighed 221 grains, 240 pennies weighing one Saxon See also:pound (or See also:Tower pound, as it was afterwards called), hence the See also:term pennyweight (dwt.)
.
In 1527 the Tower pound of 5400 grains was abolished, and the pound of 576o grains adopted instead
.
The penny remained, with some few exceptions, the only coin issued in England until the introduction of the See also:gold florin by See also:Edward III. in 1343
.
It was not until the reign of Edward I. that halfpence and farthings became a See also:regular See also:part of the coinage, it having been usual to subdivide the penny for See also:trade purposes by cutting it into halves and quarters, a practice said to have originated in the reign of IEthelred II
.
In 12J7, in the reign of See also:- HENRY
- HENRY (1129-1195)
- HENRY (c. 1108-1139)
- HENRY (c. 1174–1216)
- HENRY (Fr. Henri; Span. Enrique; Ger. Heinrich; Mid. H. Ger. Heinrich and Heimrich; O.H.G. Haimi- or Heimirih, i.e. " prince, or chief of the house," from O.H.G. heim, the Eng. home, and rih, Goth. reiks; compare Lat. rex " king "—" rich," therefore " mig
- HENRY, EDWARD LAMSON (1841– )
- HENRY, JAMES (1798-1876)
- HENRY, JOSEPH (1797-1878)
- HENRY, MATTHEW (1662-1714)
- HENRY, PATRICK (1736–1799)
- HENRY, PRINCE OF BATTENBERG (1858-1896)
- HENRY, ROBERT (1718-1790)
- HENRY, VICTOR (1850– )
- HENRY, WILLIAM (1795-1836)
Henry III., a gold penny,
1 Probably the actual See also:reason was that the See also:assembly, dominated by the See also:advocates of the See also:radical constitution of 1776, was attempting to punish the trustees of the See also:college, who were almost all " See also:anti-constitutionalists."
of the value of twenty silver pence, was struck
.
The See also:weight and value of the silver penny steadily declined from 1300 onwards, as will be seen from the following table:
Reign
.
Weight
.
Value in silver
925 See also:fine, at
.
5s
.
6d. per oz
.
Grains
.
Penny
.
See also:- WILLIAM
- WILLIAM (1143-1214)
- WILLIAM (1227-1256)
- WILLIAM (1J33-1584)
- WILLIAM (A.S. Wilhelm, O. Norse Vilhidlmr; O. H. Ger. Willahelm, Willahalm, M. H. Ger. Willehelm, Willehalm, Mod.Ger. Wilhelm; Du. Willem; O. Fr. Villalme, Mod. Fr. Guillaume; from " will," Goth. vilja, and " helm," Goth. hilms, Old Norse hidlmr, meaning
- WILLIAM (c. 1130-C. 1190)
- WILLIAM, 13TH
William I., 1066 22i 3.09
Edward I., 1300
.
22 3.02
„ III., 1344 20; 2.78
,, III., 1346 20 2.75
Henry IV., 1412 15 2.06
Edward IV., 1464
.
.
.
12 1.65
Henry VIII., 1527 See also:io2 1.44
Edward VI., 1552 8 1-lo
See also:Elizabeth, 1601 1•o6
The last coinage of silver pence for See also:general circulation was in the reign of See also:Charles II
.
(1661-1662), since which See also:- TIME (0. Eng. Lima, cf. Icel. timi, Swed. timme, hour, Dan. time; from the root also seen in " tide," properly the time of between the flow and ebb of the sea, cf. O. Eng. getidan, to happen, " even-tide," &c.; it is not directly related to Lat. tempus)
- TIME, MEASUREMENT OF
- TIME, STANDARD
time they have only been coined for issue as royal See also:alms on Maundy Thursdays
.
See also:Copper halfpence were first issued in Charles II.'s reign,' but it was not until 1797, in the reign of See also:George III., that copper pence were struck
.
This copper penny weighed 1 oz. See also:avoirdupois
.
In the same See also:year copper twopences were issued weighing 2 oz., but they were found too cumbersome and were discontinued
.
In 1860 See also:bronze was substituted for the copper coinage, the alloy containing 95 parts of copper, 4 of See also:tin, and r of See also:zinc
.
The weight was also reduced, 1 lb of bronze being coined into 48 pennies, as against 24 pennies into which 1 lb of copper was coined
.
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