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Hammered Coins
For numismatic collectors Hammered coins represent a chance to buy a piece of older history, whether in gold or silver. British hammered coins were in production up to 1662 at which point coin manufacture switched to milling, improving the quality and security. A hammered coin can usually be identified easily by its distinctive flattened edges and is often visually misshaped compared to modern milled coins.
Hammered coins cover the time period of some of England and Scotland's most famous, and infamous, monarchs. Edward I, Henry VIII, Elizabeth I and Charles II are just some of the Kings and Queens that can be found on a hammered coin.
1413-1422 Gold Half Noble Coin Henry V Class G
from £2,326
from £2,264
1615-16 Gold Unite Coin James I mm Tun
from £2,253
from £2,162
from £2,153
Gold Half Noble Coin Edward III
from £2,134
Gold Half Unite Coin Charles I Near Fine
from £1,948
Gold Half Unite Coin James I Fine
from £1,652
Henry VIII Gold Crown of the Double Rose
from £1,574
1364-1380 France Charles V Gold Franc a Pied
from £1,507
1679 Gold Guinea Coin Charles II
from £1,390
356-323 BC Gold Stater Coin Alexander the Great
from £1,196
Gold Unite Coin Charles I Fair
from £1,173
Quarter Noble Gold Coin Richard II Fine
from £1,092
1665 Gold Guinea Coin Charles II
from £1,080
The term ‘hammered' refers to the manufacturing process of the coin, during which a blank piece of bullion was placed between two dies, and the pattern struck into both sides of the coin. The method was used for centuries and was largely unaltered from traditional techniques even years later.
Hammered coins suffered from a number of flaws that ultimately made their replacement necessary. Due to striking process it was impossible to produce coins that were uniform in size and weight. This made the coins vulnerable to various forms of fraud, of which the most popular was ‘clipping'. A clipped coin had slivers of the metal sheared from the edges and caused British coinage to be devalued significantly over the course of their history.
Non-hammered coins were first produced in England during the rule of Elizabeth I during the 1560s, but the skill-trade held off it's rival for just over a century. It wasn't until 1662 that hammered coins finally came to an end.
