King John I Penny Pendant

Item #8426
$625.00

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  • English Penny
  • Date: 1204 - 1209. Grade: Very Fine
  • Obverse: King John I. Reverse: Short Cross
  • Mint: London, England
  • Silver Coin in 14k Gold Pendant
  • Framed Coin Size: 21mm Diameter, Weight 4.1g
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Description:

This English coin was minted during the rule of King John I. It depicts the crowned King John on the obverse holding a cross tipped scepter. The reverse shows a short cross with the London mint mark and the name of the Moneyer, Adam. In 1154, the Tealby penny was introduced by King Henry II, who needed to restore public confidence in the English currency. While the Tealby coinage was acceptable in terms of weight and silver quality, the overall quality of production was dreadful. So in 1180 a new style of coin, the short-cross penny was introduced. This style remained more or less unaltered until 1247, which gave both the coinage and the English state a sense of stability.
John I was King of England from 1199 until his death in 1216. His reign was consumed by a war with France which broke out in 1202. In 1215, John faced a rebellion by many of his Barons, who were unhappy with his policies. The Barons' revolt led to the sealing of the Magna Carta peace treaty in 1215, a document considered to be an early step in the evolution of the constitution of the United Kingdom. John is remembered as an able King, however most historians agree that he also had many faults including pettiness, spitefulness and cruelty. These negative qualities provided extensive material for fiction writers in the Victorian era, and John remains a recurring character as a villain in the Robin Hood legends.