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Author Topic: Gun Money  (Read 1835 times)
jaydogg
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« on: June 18, 2011, 02:33:46 PM »

Found this a short while back, my first James II gun money shilling (small type), 1689. It's not actually in bad condition considering the state copper coinage comes out in my neck of the woods, so was as pleased to find it as any hammered or Roman coin.   Smiley


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jaydogg
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« Reply #1 on: June 18, 2011, 02:34:38 PM »

Flipside


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geordiefred
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« Reply #2 on: June 18, 2011, 03:25:37 PM »

Nice coin that well done m8  Wink
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dragonsbreath(Paul)
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« Reply #3 on: June 18, 2011, 04:45:07 PM »

Very nice i am yet to find gunmoney... Cool
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dances with badgers
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« Reply #4 on: June 19, 2011, 09:52:09 PM »

gun money whats that all about  Shocked
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shunggav
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« Reply #5 on: June 20, 2011, 07:22:33 AM »

Gun money was an issue of coins made by the forces of James II during the Williamite War in Ireland between 1689 and 1691. Minted in base metal, these were designed to be redeemed for silver coins following a victory by James II and consequently bore the date in months to allow a gradual replacement. As James lost the war, that replacement never took place, although the coins were allowed to circulate at much reduced values before the copper coinage was resumed.They were mostly withdrawn from circulation in the early 18th century.
The name "Gun money" stems from the idea that they were minted from melted down guns. However, many other brass objects, such as church bells, were also used.
There were two issues. The first "large" issue consisted of sixpences, shillings and half crowns (2½ shillings). The second, "small" issue consisted of shillings, halfcrowns and crowns (5 shillings). Some of the second issue were overstruck on large issue pieces, with shillings struck over sixpences, half crowns on shillings and crowns on half crowns. The most notable feature of the coins is the date, because the month of striking was also included. This was so that after the war (in the event of James' victory), soldiers would be able to claim interest on their wages, which had been withheld from proper payment for so long.
Specimen strikings were produced in Silver and Gold for most months, and these tend to be extremely rare.
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Neil
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« Reply #6 on: June 20, 2011, 11:04:48 AM »

Nice find Jaydogg - and good explanation Gav.

Interesting read.

Neil
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« Reply #7 on: June 20, 2011, 12:09:00 PM »

nice one gav ,so thats gun money lol Smiley
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 2012 WITH ETRAC,PULSEPOWER GOLDSCAN MK2 and SOVEREIGN ELITE     
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