History of the English penny (1066-1154)
Encyclopedia
This is the history of the English penny from the years 1066 to 1154.

The Early Norman kings

Following the Norman Conquest, William the Conqueror
William I of England
William I , also known as William the Conqueror , was the first Norman King of England from Christmas 1066 until his death. He was also Duke of Normandy from 3 July 1035 until his death, under the name William II...

 continued the Anglo-Saxon
Anglo-Saxons
Anglo-Saxon is a term used by historians to designate the Germanic tribes who invaded and settled the south and east of Great Britain beginning in the early 5th century AD, and the period from their creation of the English nation to the Norman conquest. The Anglo-Saxon Era denotes the period of...

 coinage system. As a penny was a fairly large unit of currency at the time, when small change was needed a penny would be cut in half or into quarters at the mint of issue. Most pennies of Kings William I and II
William II of England
William II , the third son of William I of England, was King of England from 1087 until 1100, with powers over Normandy, and influence in Scotland. He was less successful in extending control into Wales...

 show a front-facing bust
Bust (sculpture)
A bust is a sculpted or cast representation of the upper part of the human figure, depicting a person's head and neck, as well as a variable portion of the chest and shoulders. The piece is normally supported by a plinth. These forms recreate the likeness of an individual...

 of the king on the obverse (which was a departure from the Anglo-Saxon kings, who mostly used a sideways-facing bust), surrounded by a legend, usually PILLEMUS REX, PILLEM REX ANGLOR, PILLEM REX AN, PILLELM REX, PILLEM R (King William, or William King of the English — The P may have been a late usage of the letter wynn
Wynn
Wynn is a letter of the Old English alphabet, where it is used to represent the sound ....

, a P-shaped rune which had the sound value of a "w"). The reverse
Obverse and reverse
Obverse and its opposite, reverse, refer to the two flat faces of coins and some other two-sided objects, including paper money, flags , seals, medals, drawings, old master prints and other works of art, and printed fabrics. In this usage, obverse means the front face of the object and reverse...

 of the coin usually showed some form of cross
Cross
A cross is a geometrical figure consisting of two lines or bars perpendicular to each other, dividing one or two of the lines in half. The lines usually run vertically and horizontally; if they run obliquely, the design is technically termed a saltire, although the arms of a saltire need not meet...

, surrounded by the legend identifying the moneyer
Moneyer
A moneyer is someone who physically creates money. Moneyers have a long tradition, dating back at least to ancient Greece. They became most prominent in the Roman Republic, continuing into the empire.-Roman Republican moneyers:...

 and mint
Mint (coin)
A mint is an industrial facility which manufactures coins for currency.The history of mints correlates closely with the history of coins. One difference is that the history of the mint is usually closely tied to the political situation of an era...

.

Moneyers were personally responsible for maintaining the weight (at this time, 20 to 22 grains, 1.3 to 1.6 grams) and the silver fineness of the coins they produced — there are several recorded instances of moneyers who produced short-weight coins being mutilated or occasionally executed. Although there was only a small amount of space on the reverse, the moneyer's "identification details" were considered more important than the mint and were not often abbreviated (although often 'mis-spelt'). The moneyer's name would appear after a small cross, and is usually followed by "ON" (of) and the town's name. During the reign of William I the demand for coins was so high that there were about 70 mints active; over 50 mints were active at the start of William II's reign in 1087, but only 34 were still in operation at his death in 1100.

Location of mints, 1066–1100

During the reign of the first two Norman kings, mints were located in
Barnstaple
Barnstaple
Barnstaple is a town and civil parish in the local government district of North Devon in the county of Devon, England, UK. It lies west southwest of Bristol, north of Plymouth and northwest of the county town of Exeter. The old spelling Barnstable is now obsolete.It is the main town of the...

, Bath, Bedford, Bedwyn, Bridport
Bridport
Bridport is a market town in Dorset, England. Located near the coast at the western end of Chesil Beach at the confluence of the River Brit and its Asker and Simene tributaries, it originally thrived as a fishing port and rope-making centre...

, Bristol
Bristol
Bristol is a city, unitary authority area and ceremonial county in South West England, with an estimated population of 433,100 for the unitary authority in 2009, and a surrounding Larger Urban Zone with an estimated 1,070,000 residents in 2007...

, Bury St Edmunds, Cambridge, Canterbury
Canterbury
Canterbury is a historic English cathedral city, which lies at the heart of the City of Canterbury, a district of Kent in South East England. It lies on the River Stour....

, Cardiff
Cardiff
Cardiff is the capital, largest city and most populous county of Wales and the 10th largest city in the United Kingdom. The city is Wales' chief commercial centre, the base for most national cultural and sporting institutions, the Welsh national media, and the seat of the National Assembly for...

, Chester, Chichester
Chichester
Chichester is a cathedral city in West Sussex, within the historic County of Sussex, South-East England. It has a long history as a settlement; its Roman past and its subsequent importance in Anglo-Saxon times are only its beginnings...

, Christchurch
Christchurch, Dorset
Christchurch is a borough and town in the county of Dorset on the south coast of England. The town adjoins Bournemouth in the west and the New Forest lies to the east. Historically in Hampshire, it joined Dorset with the reorganisation of local government in 1974 and is the most easterly borough in...

, Colchester
Colchester
Colchester is an historic town and the largest settlement within the borough of Colchester in Essex, England.At the time of the census in 2001, it had a population of 104,390. However, the population is rapidly increasing, and has been named as one of Britain's fastest growing towns. As the...

, Cricklade
Cricklade
Cricklade is a town and civil parish on the River Thames in north Wiltshire in England, midway between Swindon and Cirencester.On 25 September 2011 Cricklade was awarded The Royal Horticultural Society's 'Champion of Champions' award in the Britain in Bloom competition.Cricklade is twinned with...

, Derby
Derby
Derby , is a city and unitary authority in the East Midlands region of England. It lies upon the banks of the River Derwent and is located in the south of the ceremonial county of Derbyshire. In the 2001 census, the population of the city was 233,700, whilst that of the Derby Urban Area was 229,407...

, Devitum (probably St David's
St David's
St Davids , is a city and community in Pembrokeshire, Wales. Lying on the River Alun on St David's Peninsula, it is Britain's smallest city in terms of both size and population, the final resting place of Saint David, the country's patron saint, and the de facto ecclesiastical capital of...

, South Wales), Dorchester, Dover
Dover
Dover is a town and major ferry port in the home county of Kent, in South East England. It faces France across the narrowest part of the English Channel, and lies south-east of Canterbury; east of Kent's administrative capital Maidstone; and north-east along the coastline from Dungeness and Hastings...

, Durham
Durham
Durham is a city in north east England. It is within the County Durham local government district, and is the county town of the larger ceremonial county...

, Exeter
Exeter
Exeter is a historic city in Devon, England. It lies within the ceremonial county of Devon, of which it is the county town as well as the home of Devon County Council. Currently the administrative area has the status of a non-metropolitan district, and is therefore under the administration of the...

, Gloucester
Gloucester
Gloucester is a city, district and county town of Gloucestershire in the South West region of England. Gloucester lies close to the Welsh border, and on the River Severn, approximately north-east of Bristol, and south-southwest of Birmingham....

, Guildford
Guildford
Guildford is the county town of Surrey. England, as well as the seat for the borough of Guildford and the administrative headquarters of the South East England region...

, Hastings
Hastings
Hastings is a town and borough in the county of East Sussex on the south coast of England. The town is located east of the county town of Lewes and south east of London, and has an estimated population of 86,900....

, Hereford
Hereford
Hereford is a cathedral city, civil parish and county town of Herefordshire, England. It lies on the River Wye, approximately east of the border with Wales, southwest of Worcester, and northwest of Gloucester...

, Hertford
Hertford
Hertford is the county town of Hertfordshire, England, and is also a civil parish in the East Hertfordshire district of the county. Forming a civil parish, the 2001 census put the population of Hertford at about 24,180. Recent estimates are that it is now around 28,000...

, Huntingdon
Huntingdon
Huntingdon is a market town in Cambridgeshire, England. The town was chartered by King John in 1205. It is the traditional county town of Huntingdonshire, and is currently the seat of the Huntingdonshire district council. It is known as the birthplace in 1599 of Oliver Cromwell.-History:Huntingdon...

, Hythe
Hythe
Hythe may refer to a landing-place, port or haven, or to:Placenames in Canada*Hythe, Alberta Placenames in England*Hythe, Essex *Hythe, Hampshire...

, Ilchester
Ilchester
Ilchester is a village and civil parish, situated on the River Yeo or Ivel, five miles north of Yeovil, in the English county of Somerset. The parish, which includes the village of Sock Dennis and the old parish of Northover, has a population of 2,021...

, Ipswich
Ipswich
Ipswich is a large town and a non-metropolitan district. It is the county town of Suffolk, England. Ipswich is located on the estuary of the River Orwell...

, Launceston, Leicester
Leicester
Leicester is a city and unitary authority in the East Midlands of England, and the county town of Leicestershire. The city lies on the River Soar and at the edge of the National Forest...

, Lewes
Lewes
Lewes is the county town of East Sussex, England and historically of all of Sussex. It is a civil parish and is the centre of the Lewes local government district. The settlement has a history as a bridging point and as a market town, and today as a communications hub and tourist-oriented town...

, Lincoln
Lincoln, Lincolnshire
Lincoln is a cathedral city and county town of Lincolnshire, England.The non-metropolitan district of Lincoln has a population of 85,595; the 2001 census gave the entire area of Lincoln a population of 120,779....

, London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, Maint, Maldon
Maldon, Essex
Maldon is a town on the Blackwater estuary in Essex, England. It is the seat of the Maldon district and starting point of the Chelmer and Blackwater Navigation.Maldon is twinned with the Dutch town of Cuijk...

, Malmesbury, Marlborough, Northampton
Northampton
Northampton is a large market town and local government district in the East Midlands region of England. Situated about north-west of London and around south-east of Birmingham, Northampton lies on the River Nene and is the county town of Northamptonshire. The demonym of Northampton is...

, Norwich
Norwich
Norwich is a city in England. It is the regional administrative centre and county town of Norfolk. During the 11th century, Norwich was the largest city in England after London, and one of the most important places in the kingdom...

, Nottingham
Nottingham
Nottingham is a city and unitary authority in the East Midlands of England. It is located in the ceremonial county of Nottinghamshire and represents one of eight members of the English Core Cities Group...

, Oxford
Oxford
The city of Oxford is the county town of Oxfordshire, England. The city, made prominent by its medieval university, has a population of just under 165,000, with 153,900 living within the district boundary. It lies about 50 miles north-west of London. The rivers Cherwell and Thames run through...

, Peterborough
Peterborough
Peterborough is a cathedral city and unitary authority area in the East of England, with an estimated population of in June 2007. For ceremonial purposes it is in the county of Cambridgeshire. Situated north of London, the city stands on the River Nene which flows into the North Sea...

, Pevensey
Pevensey
Pevensey is a village and civil parish in the Wealden district of East Sussex, England. The main village is located 5 miles north-east of Eastbourne, one mile inland from Pevensey Bay. The settlement of Pevensey Bay forms part of the parish.-Geography:The village of Pevensey is located on...

, Rhuddlan
Rhuddlan
Rhuddlan is a town and community in the county of Denbighshire , in north Wales. It is situated to the south of the coastal town of Rhyl and overlooks the River Clwyd. The town gave its name to the Welsh district of Rhuddlan from 1974 to 1996...

, Rochester, Romney
New Romney
New Romney is a small town in Kent, England, on the edge of Romney Marsh, an area of flat, rich agricultural land reclaimed from the sea after the harbour began to be silted up. New Romney was once a sea port, with the harbour adjacent to the church, but is now more than a mile from the sea...

, Salisbury, Sandwich
Sandwich, Kent
Sandwich is a historic town and civil parish on the River Stour in the Non-metropolitan district of Dover, within the ceremonial county of Kent, south-east England. It has a population of 6,800....

, Shaftesbury
Shaftesbury
Shaftesbury is a town in Dorset, England, situated on the A30 road near the Wiltshire border 20 miles west of Salisbury. The town is built 718 feet above sea level on the side of a chalk and greensand hill, which is part of Cranborne Chase, the only significant hilltop settlement in Dorset...

, Shrewsbury
Shrewsbury
Shrewsbury is the county town of Shropshire, in the West Midlands region of England. Lying on the River Severn, it is a civil parish home to some 70,000 inhabitants, and is the primary settlement and headquarters of Shropshire Council...

, Southwark
Southwark
Southwark is a district of south London, England, and the administrative headquarters of the London Borough of Southwark. Situated east of Charing Cross, it forms one of the oldest parts of London and fronts the River Thames to the north...

, Stafford
Stafford
Stafford is the county town of Staffordshire, in the West Midlands region of England. It lies approximately north of Wolverhampton and south of Stoke-on-Trent, adjacent to the M6 motorway Junction 13 to Junction 14...

, Stamford
Stamford, Lincolnshire
Stamford is a town and civil parish within the South Kesteven district of the county of Lincolnshire, England. It is approximately to the north of London, on the east side of the A1 road to York and Edinburgh and on the River Welland...

, Steyning
Steyning
Steyning is a small town and civil parish in the Horsham District of West Sussex, England. It is located at the north end of the River Adur gap in the South Downs, four miles north of Shoreham-by-Sea...

, Sudbury
Sudbury, Suffolk
Sudbury is a small, ancient market town in the county of Suffolk, England, on the River Stour, from Colchester and from London.-Early history:...

, Tamworth
Tamworth
Tamworth is a town and local government district in Staffordshire, England, located north-east of Birmingham city centre and north-west of London. The town takes its name from the River Tame, which flows through the town, as does the River Anker...

, Taunton, Thetford
Thetford
Thetford is a market town and civil parish in the Breckland district of Norfolk, England. It is on the A11 road between Norwich and London, just south of Thetford Forest. The civil parish, covering an area of , has a population of 21,588.-History:...

, Totnes
Totnes
Totnes is a market town and civil parish at the head of the estuary of the River Dart in Devon, England within the South Devon Area of Outstanding Natural Beauty...

, Wallingford, Wareham
Wareham, Dorset
Wareham is an historic market town and, under the name Wareham Town, a civil parish, in the English county of Dorset. The town is situated on the River Frome eight miles southwest of Poole.-Situation and geography:...

, Warwick
Warwick
Warwick is the county town of Warwickshire, England. The town lies upon the River Avon, south of Coventry and just west of Leamington Spa and Whitnash with which it is conjoined. As of the 2001 United Kingdom census, it had a population of 23,350...

, Watchet
Watchet
Watchet is a harbour town and civil parish in the English county of Somerset, with an approximate population of 4,400. It is situated west of Bridgwater, north-west of Taunton, and east of Minehead. The parish includes the hamlet of Beggearn Huish...

, Wilton
Wilton, Wiltshire
Wilton is a town in Wiltshire, , England, with a rich heritage dating back to the Anglo-Saxons. Today it is dwarfed by its larger and more famous neighbour, Salisbury, but still has a range of notable shops and attractions, including Wilton House.The confluence of the rivers Wylye and Nadder is at...

, Winchcombe
Winchcombe
Winchcombe is a Cotswold town in the local authority district of Tewkesbury, in Gloucestershire, England. Its population according to the 2001 census was 4,379.-Early history:...

, Winchester, Worcester, and York
York
York is a walled city, situated at the confluence of the Rivers Ouse and Foss in North Yorkshire, England. The city has a rich heritage and has provided the backdrop to major political events throughout much of its two millennia of existence...

.

During the relatively long reign of King Henry I
Henry I of England
Henry I was the fourth son of William I of England. He succeeded his elder brother William II as King of England in 1100 and defeated his eldest brother, Robert Curthose, to become Duke of Normandy in 1106...

, (1100–1135), the penny remained the chief denomination, although round halfpennies and quarter pennies were introduced [these are mentioned in contemporary accounts] which proved very unpopular and only about twelve specimens (of halfpence, and no round quarters)) are known to exist today. Fifteen major types of penny were produced, at around 54 mints which were intermittently active throughout the reign. The quality of the coins in the early part of the reign was poor, as the moneyers made a large profit by producing underweight coins or coins of debased fineness. In 1124 Henry called all 150 moneyers to Winchester, and called them to account for their activities — 94 of them were convicted of issuing sub-standard coins and were mutilated, their right hands and one testicle being cut off, as a result of which the quality of coins improved for most of the remainder of his reign. The basic design of the coins remained the same as before with the obverse inscriptions variously being HENRICUS, HENRICUS R, HENRI R, HENRI RE, HENRI REX, HENRY REX, HENRICUS REX, HENRICUS REX AHenry, King Henry, Henry King of England.

Location of mints, 1100–1135

During the reign of King Henry I, mints were located in Barnstaple, Bath, Bedford, Bristol, Bury St Edmunds, Cambridge, Canterbury, Cardiff, Carlisle, Chester, Chichester, Christchurch, Colchester, Derby, Dorchester, Dover, Durham, Exeter, Gloucester, Hastings, Hereford, Huntingdon, Ilchester, Ipswich, Launceston, Leicester, Lewes, Lincoln, London, Northampton, Norwich, Nottingham, Oxford, Pembroke
Pembroke, Pembrokeshire
Pembroke is an historic settlement and former county town of Pembrokeshire in west Wales. The town and the county derive their name from that of the cantref of Penfro: Pen = "head" or "end", and bro = "region", "country", "land", and so it means essentially "Land's End".-History:The main point of...

, Pevensey, Rochester, Romney, Salisbury, Sandwich, Shaftesbury, Shrewsbury, Southampton
Southampton
Southampton is the largest city in the county of Hampshire on the south coast of England, and is situated south-west of London and north-west of Portsmouth. Southampton is a major port and the closest city to the New Forest...

, Southwark, Stafford, Stamford, Sudbury, Tamworth, Taunton, Thetford, Totnes, Wallingford, Wareham, Warwick, Watchet, Wilton, Winchcombe, Winchester, Worcester, and York.

The Anarchy

The period following the death of King Henry I is known as The Anarchy
The Anarchy
The Anarchy or The Nineteen-Year Winter was a period of English history during the reign of King Stephen, which was characterised by civil war and unsettled government...

. Henry's only legitimate son and heir had been drowned in 1120 in the White Ship
White Ship
The White Ship was a vessel that sank in the English Channel near the Normandy coast off Barfleur, on 25 November 1120. Only one of those aboard survived. Those who drowned included William Adelin, the only surviving legitimate son and heir of King Henry I of England...

 disaster, so he had decided that he wished his daughter Matilda to succeed him. When he died, Matilda, also known as the Empress Maud, was in Normandy
Normandy
Normandy is a geographical region corresponding to the former Duchy of Normandy. It is in France.The continental territory covers 30,627 km² and forms the preponderant part of Normandy and roughly 5% of the territory of France. It is divided for administrative purposes into two régions:...

 and her cousin Stephen of Blois managed to get back to London before she did, and claimed the throne with the support of many barons who were unprepared for the novel idea of a woman ruler. Matilda and Stephen set up rival courts, in Bristol and London and proceeded to issue coins from the mints under their control while the political unrest continued for the better part of 20 years. Stephen won the political battle, but when his own son and heir, Eustace, died in 1153 he agreed that Matilda's son Henry would succeed him.

Many of the coins produced during the Anarchy are of poor quality.

King Stephen's coins

There are approximately five principal varieties of coins produced by Stephen's mints, normally containing the legend STIEFNE, STIEFNE R, STIEFNE RE, or STIEFNE REX, but one issue bears the legend PERERIC which cannot be translated but is thought to have been constructed by the moneyers to look like the previous reign's HENRICUS, so they could disassociate themselves from the conflict and hedge their bets about who would win, while still providing the required number of new coins.

Stephen's coins were minted at Bedford, Bramber
Bramber
Bramber is a village and civil parish in the Horsham District of West Sussex, England. It is located on the northern edge of the South Downs and on the west side of the River Adur. Nearby are the communities of Steyning to the west and Upper Beeding to the east, and the other side of the river....

, Bristol, Bury St Edmunds, Cambridge, Canterbury, Cardiff, Carlisle, Castle Rising
Castle Rising (castle)
Castle Rising Castle is a ruined castle situated in the village of Castle Rising in the English county of Norfolk. It was built in about 1138 by William d'Aubigny, 1st Earl of Arundel, who also owned Arundel Castle. Much of its square keep, surrounded by a defensive mount, is intact...

, Chester, Chichester, Cipen (possibly Ipswich), Colchester, Corbridge
Corbridge
 Corbridge is a village in Northumberland, England, situated west of Newcastle and east of Hexham. Villages in the vicinity include Halton, Acomb, Aydon and Sandhoe.-Roman fort and town:...

, Derby, Dorchester, Dover, Durham, Eden
Eden, Cumbria
Eden is a local government district in Cumbria, England. Its council is based in Penrith. It is named after the River Eden which flows north through the district toward Carlisle....

, Exeter, Gloucester, Hastings, Hedon
Hedon
Hedon is a small town and civil parish in Holderness in the East Riding of Yorkshire, England. It is situated approximately east of Hull city centre. It lies to the north of the A1033 road at the crossroads of the B1240 and B1362 roads....

 near Hull, Hereford, Huntingdon, Ipswich, Launceston, Leicester, Lewes, Lincoln, London, Newcastle
Newcastle upon Tyne
Newcastle upon Tyne is a city and metropolitan borough of Tyne and Wear, in North East England. Historically a part of Northumberland, it is situated on the north bank of the River Tyne...

, Northampton, Norwich, Nottingham, Oxford, Pembroke, Peterborough, Pevensey, Rye
Rye, East Sussex
Rye is a small town in East Sussex, England, which stands approximately two miles from the open sea and is at the confluence of three rivers: the Rother, the Tillingham and the Brede...

, Salisbury, Sandwich, Shaftesbury, Shrewsbury, Southampton, Southwark, Stafford, Steyning, Sudbury, Swansea
Swansea
Swansea is a coastal city and county in Wales. Swansea is in the historic county boundaries of Glamorgan. Situated on the sandy South West Wales coast, the county area includes the Gower Peninsula and the Lliw uplands...

, Tamworth, Taunton, Thetford, Tutbury
Tutbury
Tutbury is a large village and civil parish of about 3,000 residents in the English county of Staffordshire.It is surrounded by the agricultural countryside of both Staffordshire and Derbyshire. The site has been inhabited for over 3000 years, with Iron Age defensive ditches encircling the main...

, Wareham, Warwick, Watchet, Wilton, Winchester, Worcester, and York.

Empress Maud's coins

Matilda's coins tend to be of a cruder style than Stephen's regular issues. The obverse legend is MATILDI IMPEmpress Matilda.

Matilda's coins were minted at Bristol, Cardiff, Gloucester, Oxford, and Wareham, and possibly also at Calne
Calne
Calne is a town in Wiltshire, southwestern England. It is situated at the northwestern extremity of the North Wessex Downs hill range, a designated Area of Outstanding Natural Beauty....

and Canterbury.
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