Coins of the Exeter mint of 1696–7

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Coins of the Exeter mint of 1696–7

By the late 17th century many coins in everyday use were old, worn and clipped, so the 'Great Recoinage' was instituted by William III to introduce a coinage of uniform standard. In 1696 mints were set-up in Exeter, Bristol, Chester, Norwich and York to supplement the production of the Tower of London mint. Exeter produced sixpences, shillings and half-crowns in 1696 and 1697 (shown here), recognisable by the letter E under the bust of the king. Nearly £500,000 worth of coins were produced at Exeter, which was second to Bristol in output among the provincial mints.

Acknowledgments: RAM Museum