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1/4 Ryal - Edward IV 1st reign, Light coinage

Issuer England
Year 1467-1469
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Value 1/4 Ryal (1/8)
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Obverse description Central device comprises the royal shield of arms set within a quatrefoil frame, with a rose in the left field and a star in the right field; the letter E (for Edward) appears above the shield. The surrounding legend in uncial Latin script reads EDWARD' · DI'· GRA' · REX · AnGL' · Z, contracting the full royal title. The hammered flan exhibits the characteristic irregular edge typical of late medieval English gold coinage. The quatrefoil border provides a formal architectural framing device consistent with Yorkist artistic convention.
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Mintage ND (1467-1469)
Additional information

Edward IV's Light coinage of 1464 reduced the gold standard that had held since Edward III, dropping the noble from 120 grains to 108 — a deliberate response to the chronic bullion shortage that had strangled English minting for decades. The quarter ryal, sometimes called the "rose ryal" quarter in later references, was struck in very limited quantities throughout the 1467–69 window, making survivors genuinely scarce relative to the larger denominations of the same issue.

North 1560 is rarely found without some weakness at the inner beading, a consequence of the shallow die preparation common to this denomination specifically.

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