1 Groat - Henry VI Annulet issue, Calais mint

The Annulet issue represents the first coinage struck in Henry VI's name, beginning immediately after Henry V's death in August 1422 — when the new king was less than a year old. The annulets distinguishing this issue from later types were placed at the neck and in two quarters of the reverse, a deliberate administrative decision to differentiate the coinage of a new reign while the design itself remained essentially unchanged from his father's.

Calais operated as England's continental mint specifically to handle wool staple revenues. Its output during this period is generally well-documented, and Calais-struck pieces frequently show slightly different die-cutting characteristics from London production — a detail that has driven considerable specialist attention to mint attribution within this series.