The biancastgroat, a medieval silver coin minted during the 14th and 15th centuries, played a significant role in the monetary system of England and other European countries. This article provides a comprehensive overview of the biancastgroat, exploring its origins, physical characteristics, historical significance, and numismatic value.
The biancastgroat emerged in northern Italy during the 13th century as a silver replacement for the gold florin. It quickly gained popularity and spread to other parts of Europe, including England, where it was formally introduced in 1351 by King Edward III. The name "biancastgroat" derives from the Latin phrase "biancho grossus," meaning "white silver penny."
Biancastgroats were typically round in shape and weighed around 3 grams. They were made of silver with a fineness ranging from .925 to .950. The obverse usually depicted the king's portrait or a crowned bust. The reverse commonly featured a cross or a shield within a beaded border.
The biancastgroat played a pivotal role in the economic development of England and Europe. It was widely used for trade and commerce, contributing to the growth of markets and the expansion of trade routes. The biancastgroat also symbolized royal authority and served as a propaganda tool for monarchs to assert their power.
Biancastgroats have become highly prized by numismatists and collectors. The value of a biancastgroat depends on several factors, including its age, condition, rarity, and historical significance. Rare and well-preserved specimens can fetch high prices at auctions.
Biancastgroats were minted in various types and varieties. Some notable examples include:
Reign | Type | Key Features |
---|---|---|
Edward III | Groat | Crowned head, cross on reverse |
Richard II | Groat | Uncrowned head, legend on reverse |
Henry IV | Groat | Crowned head facing right, cross and pellets on reverse |
When collecting or researching biancastgroats, it is essential to avoid the following mistakes:
The following criteria can be used to distinguish biancastgroats from other medieval silver coins:
Grade | Description |
---|---|
MS-70 | Perfect specimen |
MS-65 | Mint state, with slight wear |
XF-45 | Extremely fine, with moderate wear |
VF-30 | Very fine, with significant wear |
F-12 | Fine, with heavy wear |
Grade | Average Value |
---|---|
MS-70 | $5,000 - $10,000 |
MS-65 | $2,000 - $5,000 |
XF-45 | $1,000 - $2,000 |
VF-30 | $500 - $1,000 |
F-12 | $200 - $500 |
The biancastgroat, a significant medieval silver coin, played a vital role in the economic, political, and numismatic history of England and Europe. Its historical significance, numismatic value, and enduring appeal continue to captivate collectors and researchers worldwide. By understanding the origins, characteristics, and varieties of the biancastgroat, individuals can appreciate its historical importance and navigate the world of coin collecting with confidence.
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