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1 Penny - Edward III 3rd coinage, London mint, class 1

Issuer Kingdom of England
Year 1327-1377
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Composition Silver (.925)
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Obverse script Latin (uncial)
Obverse lettering + EDW R' AnGL' DnS hyB
(Translation: Edward King of England Lord of Ireland)
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Additional information

Edward III's third coinage was introduced around 1344 alongside the ambitious florin gold coinage experiment — which failed within months due to undervaluation — but the silver penny quietly soldiered on through decades of monetary adjustment. Class 1 of this series is distinguished by its lettering style and crown form, details that allow numismatists to sequence these issues despite the near-total absence of contemporary mint records specifying production runs by class.

The Hundred Years' War placed relentless pressure on English silver supplies throughout Edward's reign, and pennies of this period frequently show evidence of hasty production.

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