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Gold penny
| Gold penny | |
|---|---|
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| |
| Obverse: Henry III upon throne holding orb and sceptre; inscribed HENRICUS REX III | Reverse: cross with five-petal flower in each quarter; inscribed WILLEM ON LVND |
| AV 23 mm, 2.95 g. First coinage, 1257. | |
The gold penny was a medieval English coin with a value of twenty pence (i.e. 1⁄12 pound sterling), minted in 1257 during the reign of Henry III. The coin was short-lived as it quickly became undervalued, which led to its almost complete disappearance; only eight known coins exist.
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