1/2 Noble - Edward III Post-Treaty period, London mint

The Post-Treaty period designation marks the resumption of Edward III's claim to the French throne following the collapse of the Treaty of Brétigny in 1369 — a claim he had technically surrendered in 1360 in exchange for full sovereignty over Aquitaine. When Charles V began systematically dismantling English holdings in France, Edward simply reasserted the title he had never formally abandoned in his own mind. The coinage reflects that political reversal directly: the French royal claim reappears in the legend.

Spink 1523 is scarce relative to earlier Treaty period issues. Edward died in 1377, and output from his final years was constrained by declining bullion supplies flowing into London.