This hammered silver groat was struck between 1502-04 in the reign of King Henry VII. The coin features the cross-crosslet mint mark on both the obverse and the reverse.
On 22 August 1485, Henry Tudor became Henry VII, King of England and Lord of Ireland after he seized the crown from Richard III after his troops won the battle of Bosworth.
Henry VII was a Welshman and heir to the Lancastrian dynasty that had contested the throne of nearly a hundred years. After landing in Pembrokeshire and marching through his native Wales to attract recruits in his native country. Henry Tudor met his rival, King Richard III just south of the village of Market Bosworth in Leicestershire, were he defeated and killed Richard III in the subsequent battle in 1485.
By marrying the Yorkist heir, Elizabeth of York, Henry VII united the warring houses of Lancaster and York, and brought the Wars of the Roses to a close, despite a couple of pretenders falsely claiming to be Yorkist heirs.
Having secured his place on the throne, Henry went about making a series of administrative reforms and treaties designed fill England's coffers, and his own! When he died in 1509, he was regarded as the richest prince in Christendom.
During his reign, Henry VII made several innovations to the coinage, including the reintroduction of profile portraits in England. Prior to this, there had been centuries of monarchs using facing portraits on coinage. The introduction of the testoon, or 'shilling' and perhaps most notably, as far as we at Chards are concerned, the introduction in 1489 of the first 'Gold Sovereign' tariffed at 20/- or one Pound.
The obverse features the right facing portrait of Henry VII with triple band on crown with the cross-crosslet mint mark. The coin bears the legend HENRIC VII DI’ GRA’ REX AGL’ Z FR. This translates to Henry VII by the Grace of God King of England and France.
The reverse bears the King’s coat of arms. The cross crosslet mint mark also appears on the reverse, together with the legend POSVI DEV' ADVITORE' MEV which translates to I HAVE MADE GOD MY HELPER.
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their gold content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes, therefore some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. You can view our current buy back prices here.
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We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows
Orders over £60 - Fully Insured Delivery.
Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £9.
International - Royal Mail International Signed / Royal Mail International Tracked / Royal Mail International Tracked and Signed For. Items sent via this method will normally arrive between 3-7 working days. Delivery starts from £15.
Orders under £60
Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.
International - Royal Mail International Standard. Your order will normally arrive between 3-7 working days. Delivery starts from £6.
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +44 1253 343 081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
For international delivery, please check with your local customs office for more information on custom duty and taxes.
We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.
Orders < £1000 there is no additional fee
Orders > £1000 we charge a fee in order to cover the increasing costs of insurance. For every £1000 we apply a £1 fee.
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