Henry I Silver Hammered Penny. These coins was struck during the reign of Henry I (1100 - 1135) and are one of only two denominations (the other is the halfpenny) issued during his reign.
William II (third child of William I) never married and left no heir to the throne. Upon his death the crown went to his younger brother Henry, the fourth child of William I.
Henry had two children with his wife, but is known to have fathered many illegitmate children; historians have estimated around 20 - 25!
The public were sceptical of the quality of coinage being produced and therefore took to testing the coins themselves. To prevent damaged coins being rejected by vendors, the government ordered all new coins have an incision made into the side of them, commonly referred to as 'snick'. By purposefully damaging the new coins it meant people had no choice but to accept them, and all damaged coins, as payment. Henry ensured harsh punishment was given to anyone found debasing his currency.
To tackle the poor production quality of the coins, the government got rid of many of the moneyers in 1124. As the standards increased, so did the publics confidence in the coins.
|1100 - 1135
|Henry I (1100-1135)
|16 July 2021
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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 precious metal 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. View our current buy back prices.
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