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World Coin News2 min read
Bank Notes, Whiskey, and Other Coin Substitutes
• *How is the term bit used regarding coin denominations? A bit was valued at 12.5 cents, this being a pie slice shape one bit or piece of eight (1/8th) from a silver Spanish 8-reale coin. A dime was sometimes referred to as a short bit, with 15 cent
World Coin News3 min read
British Mint To Halt Foreign Coin Production
What is today the British Royal Mint was founded in 886. It began striking coins for a foreign entity when in 1325 it produced coins for King Edward II for use in Bordeaux. At one time the BRM had branch mint facilities in Bombay (India), Melbourne (
World Coin News3 min read
Early English Silver Source Identified
Throughout the seventh and eighth centuries, coinage circulating in the British Isles was evolving. There is evidence that Merovingian gold tremisses coins struck in Frankland after 650 as well as Anglo-Saxon gold thrymsas or shillings were in use in

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