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1 Farthing - James I Lennox issue, type 3

Issuer England
Year 1616-1623
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Weight 0.6 g
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Obverse description At center, two crossed sceptres surmounted by a royal crown bearing five jewels, all within a circular legend. A mintmark appears at 12 o'clock above the crown. The design is struck on an irregular copper flan typical of early seventeenth-century hammered English farthings issued under the Lennox patent.
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Obverse lettering Obv. 1: IACO:D:G:MAG:BRIT: Obv. 2: IACO:D:G:MAG:BRI: Obv. 3: IACO:D:G:MAG:BRIT
(Translation: James by the Grace of God [King] of Great Britain)
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Additional information

The Lennox farthing was an entirely private enterprise. James I, unwilling to commit royal dignity to a base-metal coinage, farmed the rights to produce copper farthings to John Harington in 1613, and after Harington's death the patent passed to Esmé Stuart, Duke of Lennox — hence the name. The crown took a royalty; the duke took the profit; the public got a token with no official guarantee of redemption. Type 3 of this series introduced a inner circle on both faces, distinguishing it from the earlier Harington types.

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