FREE: *Authentic* 17th Century King James Lennox Trade Token Dated 1661 -*$Rare Scarce Coin$*-

The listing, *Authentic* 17th Century King James Lennox Trade Token Dated 1661 -*$Rare Scarce Coin$*- has ended.

Getting rid of a very Rare Coin an Authentic 17th Century King James 1st 1661 Lennox Trade Token.
-HISTORY OF THIS COIN-
By the first half of the 17th C, the copper coinage in both Britain and Ireland was in complete disarray. Neither James I nor his son, Charles I, took much interest in providing small denominations and ‘farmed out’ the Royal prerogative of minting copper coins to ‘favourite’ courtiers as patentees – Lords Harington, Richmond, Lennox and Maltravers were the principal recipients of these royal favours, but few of these new copper coins seem to have reached Ireland.
The result of this was a poor, lightweight coinage detested by the Irish public

So after the civil war, with the Royal Perogative removed and an essential need for a small a copper change to facilitate the day-to-day financial transactions of ordinary folk, merchants, innkeepers and city authorities started to make their own pennies, halfpennies and farthings.

Trade tokens undoubtedly filled a need, but they could only be regarded as treating a symptom, not solving a problem – the kings of England felt the production of copper coinage was beneath them and local commerce at small trader level suffered.

During the Interregnum, little changed insofar as the no copper coinage was issued for use in Ireland.