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1/4 Noble - Edward III 3rd coinage, 3rd period

Issuer England
Year 1346-1351
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Value 1/4 Noble (1⁄12)
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Reverse description A large floriated cross with an Є (epsilon) at the centre divides the field into four quarters, each containing a passant guardant lion. The entire design is enclosed within a multi-lobed (polylobe) inner circle, creating a decorative geometric border typical of English hammered gold coinage of the mid-fourteenth century. A Latin biblical legend from Psalm 112 runs around the periphery, referencing divine exaltation. The workmanship reflects the refined die-engraving style of the third period of Edward III's third coinage.
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Edge Plain
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Additional information

The third coinage of Edward III was driven directly by the financial demands of the Hundred Years' War, particularly the staggering costs following Crécy in 1346. The noble and its fractions were introduced in 1344 as England's first major gold coinage, replacing the earlier florin series that had failed partly due to an inconvenient weight standard incompatible with continental trade.

The third period specifically reflects adjustments made as Edward sought to align English gold more competitively with Flemish and French issues circulating in the Low Countries, where much of the war's financing was negotiated.

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