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1 Penny - James III Type A
| Issuer | Scotland |
|---|---|
| Year | 1460-1488 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Edge | Plain |
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| Mintage | ND (1460-1488) - Type A: Long cross and pellets on reverse. - ND (1460-1488) - Type Aa1: Crown initial mark on reverse. Saltires may appear on obverse. - ND (1460-1488) - Type Aa2: Crown initial mark on reverse and points within the three pellets in the quarters. Saltires may appear on obverse. - ND (1460-1488) - Type Ab1: Cross fourchy initial mark on reverse. - ND (1460-1488) - Type Ab2: Cross fourchy initial mark on reverse. Points within the three pellets in the quarters - ND (1460-1488) - Type Ab3: Cross fourchy initial mark on reverse. Saltires within the three pellets on the reverse. - ND (1460-1488) - Type Ab4: Cross fourchy initial mark on reverse. Annulets within the three pellets on the reverse. - |
| Additional information |
James III inherited the Scottish throne at age eight following his father's death at the siege of Roxburgh in 1460, and the crown's financial difficulties throughout his reign were chronic. Billon coinage — an alloy debased enough to signal fiscal strain — was the practical answer to a treasury perpetually short of silver. Type A pennies predate his later monetary experiments, including the controversial black money issues of the 1480s that triggered a baronial revolt partly fueled by public refusal to accept the debased currency.