Henry VIII Groat 3rd Issue York Mint Fine.

Henry VIII groat, 3rd issue struck at York. This issue was debased and led to the nickname “copper nose” for Henry as the coins, having such a low silver content, would tarnish through circulation. The debasement of the coinage in Henry and his son Edward’s reigns are where the Gresham’s law comes from – bad money drives out the good – Thomas Gresham was a financier in Tudor England. Coin with a higher silver content was retained and the debased coins spent, as such these coins are seldom found in hoards and are generally more worn. This particular example is in Fine condition (for the issue) and is a full fairly regular flan.

References: Spink 2374, North 1848
Diameter: 25mm
Weight: 2.12 grams.

The Small Print:

All coins, medals and other items I sell are genuine unless I have explicitly described them as otherwise, I have been selling on eBay for over 20 years and I guarantee this forever.  If I sell you something as genuine that later turns out to be a forgery I will take the item back and refund you in full including all postage costs.  There are a great many groups on social media sites with experienced collectors and dealers posting coins that you can look at which will help you learn to grade coins and offer advice on whether a coin is genuine or not. Don’t get caught out by fake coins. Feel free to copy any of my images to post on groups to get opinions on the actual coins I’m selling.

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