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1 Penny - James I 2nd coinage

Issuer England
Year 1604-1619
Type Standard circulation coin
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Obverse script Latin
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Reverse description A crowned Scottish thistle in full flower occupies the central field, its densely textured, globular head surmounted by a faceted crown, all rendered in the high relief typical of hammered silver coinage. The thistle is contained within a beaded inner circle, with a Latin legend encircling the design between the beaded border and the flan's irregular edge. A mintmark, which varies according to the period of issue, introduces the legend. The thistle was adopted as an emblem of Scotland and its inclusion alongside the Tudor rose on this denomination directly references the union of the English and Scottish crowns under James I.
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Additional information

James I's coinage reform of 1604 abandoned the Tudor milling experiments and returned to hammered production, a decision driven by cost rather than quality. The penny denomination was already economically marginal by this point — its purchasing power had been gutted by sixteenth-century inflation — and the thin, fragile flans of the second coinage strike poorly almost by definition given the weight. Surviving examples in any condition above heavily worn are genuinely scarce, not because of low mintage but because a coin this light and this small was simply destroyed by ordinary handling.

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