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Penny - Civil War Southern Variants

Issuer England
Year 1138-1153
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Value 1 Penny
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Obverse script Latin
Obverse lettering + STIEFNE
(Translation: Stephen)
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Additional information

The pennies struck during Stephen's reign represent one of the most chaotic episodes in English monetary history. The civil war between Stephen and Empress Matilda — the period known as the Anarchy — saw royal minting authority collapse almost entirely, with local barons, bishops, and military commanders issuing coins on their own authority across the south and west of England. These "Southern Variants" are products of that breakdown, struck from dies of wildly inconsistent quality at mints operating outside effective crown control.

North 887 covers a typologically messy group, and attribution of individual pieces to specific mints or die-cutters remains contested among specialists.

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