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40 Pence - Charles I 3rd Coinage, 1st Issue
| Issuer | Edinburgh Mint |
|---|---|
| Year | 1637-1638 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | CAR · D : G · SCOT · ANG · FR · ET · HIB · R (Translation: Charles, by the Grace of God, King of Scotland, England, France and Ireland) |
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| Reverse script | Latin |
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| Additional information |
Charles I's Scottish 40 pence belongs to the 3rd Coinage introduced following a major revaluation of Scottish silver currency in 1637 — the same year Scots erupted in fury over the imposition of the new Prayer Book, riots that would ignite the Bishops' Wars within two years. The Edinburgh Mint operated under a crown license, and production of small-denomination silver like this was chronically troubled by shortages of bullion and repeated suspensions of minting activity throughout the 1630s.
Sp#5577 is among the scarcest denominations of the series by surviving population.