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Home > Richard II Farthings
Wardens of the Mint1:
- Thomas Hervy (1377)
- John Gurmonchester (1377-88)
- Guy Roucliff (Roncliff) (1388-92)
- Andrew Neuport (1392-9)
Masters of the Mint2:
- Gautron de Bardes (1377-91)
- Nicholas Malakin (Malakine) from Florence, Italy (1395)
- John Wildman (Wildeman) (1395)
- Nicholas Malakin (Malakine) from Florence, Italy (1395/6)
- Geoffrey Mullekyn (1396-8)
King's Assay Masters3:
- John Leicester (1377) Camposer & Assayer
- John Leycester (same as John Leicester?) (1387-1391) Assayer
- John Wildman (Wildeman) (1393) Camposer & Assayer
- Richard Clytherowe (1393-5) Camposer & Assayer
- Walter Merwe (1396-8) Camposer & Assayer
Supply of Bullion to the Mint4:
- 1387 - £63/13/1
- 1387/8 - £140/14/4
- 1388/9 - £142/16/1½
- 1389/90 - £1794/15/0
- 1395/96 - £169/7/9
Quantity of Silver Coined at the Mint5:
- Michaelmas (September 29th) 1388 to Michaelmas 1389 - £1824/7/5¾
- Michaelmas 1389 to Michaelmas 1390 - £1626/15/3
- Michaelmas 1395 to Michaelmas 1396 - £536/13/3
Timeline:
Richard of Bordeaux, was the son of Edward the Black Prince and the grandson of Edward III. Upon the death of Edward III, the 10 year old Richard was coronated on 16 July 1377.
The shortage of small change - both farthings and
halfpence - was a continuing problem throughout the Middle Ages. Records show that legislation was passed in both Parliament and the City of London to address this
issue...
Parliament
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City of London |
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The farthing played an essential part of London life - particularly among the poor and in small everyday transactions.
A farthing paid for: the toll for a laden horse to cross Holborn Bridge; the price of half a gallon of best ale; the cost of two red herrings; or the charge imposed by the city for every laden horse passing through the city gates6. While bartering for small purchases may still have worked in the countryside, in the city it was far more impractical.
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1379 April:
The Commons stated still further, in their petition, that certain weights for bread, and measures for
beer, such as the gallon, pottle, and quart, were ordained by statute, and that they the said Commons had
no small money to pay for the smaller measures, which was greatly injurious to them ; and therefore they
prayed that it would please the king and council to command that halfpennies and farthings should be made
in order to pay for the smaller measures, and other little purchases ; for God, and for works of charity ; and
that the victuallers throughout the realm should be charged to sell their victuals answerably to the size of the
money. This was promised to be done, as soon as the king could provide bullion for that purpose7.
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1380 November:
The Commons again represented the great inconveniences which the populace sustained from
the want of halfpennies and farthings, with which they had been accustomed to pay a halfpenny for a halfpenny-worth of bread or beer, and a farthing for a proportionately smaller amount, yet such coinage has become rare throughout the whole of England, to their great loss. They therefore petitioned that such coins might be made, and circulated amongst the common people to their great relief, and that out of every pound weight coined there should be made 3s. 4d. in halfpennies and farthings, of the same weight and fineness as heretofore.
It was promised, in answer, that a certain quantity should be made for the ease of the people, with the advice of the council.8
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1381 November:
This call for producing more halfpennies and farthings was raised again with the king, who ordered "...that the warden, master, and other officers of the mint, should be summoned to appear before the Lords of Parliament on the following Saturday or Monday, to give their free advice..." to remedy this problem.9
Accordingly, five goldsmiths and merchants of London appeared on the appointed day, of which Richard Leye (also known as Richard Leicester), representing the mint officers, stated "With respect to the great want of halfpennies and farthings, he said that the master was bound by his indenture to make halfpennies in proportion to the quantity of silver worked. The warden of the mint, therefore, should be charged to see that the master did, in all respects, what belonged to his office."10
John Lincoln, a goldsmith11 stated "that [a] great plenty of halfpennies and farthings should be made." And a prominent London merchant, John Hoo, stated "That the officers should be commanded to make a greater number of halfpennies and farthings, in order to supply the want of those coins."12
From these statements, is not clear if the mint master was minting halfpennies and farthings in accordance with the indentures, but that so little silver was being coined that the percentage set aside for small change resulted in a negligable output. Or, was the mint master remis in carrying out his duties. In any case, the commons called for more small change to be produced yet no legislation was issued to increase the quantity.
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February 1382: the reformist Lord Mayor of the City of London, John Northampton (also known as John Comberton in the writings of chroniclers playing on the word comber (trouble) in reflection of the trouble that opponents thought his policies caused London), issued an ordinance to assist the poor by ordering bakers to produce farthing loafs and brewers to sell ale by a farthing measure (the Mayor and Aldermen deeming ale as equally necessary to the poor as bread).
To ensure that no baker or brewer could refuse to sell on demand that amount of bread or best ale, or fail to give change for a halfpenny, the Mayor sent off £80 to the Tower mint to be made into almost 77,000 farthings, for the Mayor to distribute at his discretion.
Also the parsons of churches in the City refused to accept anything less than a halfpenny to say a prayer for the dead. The Mayor and Aldermen regarded this as extortion and passed an ordinance whereby the charge for a vigil was set at a farthing, and if the church failed to provide change for a halfpenny, then the citizen was free to leave without making any offering.
Friday 10 May, 1382: the Mayor ordered all bakers, brewers, hostelers and hucksters (the latter two professions added to the list of monetary troublemakers) to come to the Guildhall by Thursday 16 May to purchase as many farthings as they needed to conform to the ordinance.
Monday 20 May: the Aldermen were ordered to ensure that these ordinances were carried out.13
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1394 January:
The Commons stated, in their petition to the King, that whereas there had been great scarcity in the realm of halfpennies and farthings of silver, whereby the poor were frequently ill supplied, so that when a poor man would buy his victuals, and other necessaries convenient for him, and had only a penny, for which he ought to receive a halfpenny in change, he many times did spoil his penny' in order to make one halfpenny. And also when many worthy persons of the commonalty would give their alms to poor beggars, they could not, on account of the scarcity of halfpennies and farthings, to the great withdrawing of the sustenance of poor beggars. For this inconvenience the Commons prayed that a remedy might be found.
The king replied, that halfpennies and farthings should be made.14
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1Ruding, Rogers., Annals of the coinage of Great Britain and its dependencies, vol. i., 1st edition (London, 1807) p. 52
2ibid p. 64
3ibid p. 77
4ibid p. 136
5ibid p. 173
6 KENT, JPC. 1987: 'An Issue of Farthings of Richard II' BNJ 57, p. 118.
7Rolls of Parliament, vol. iii. p. 64, XVIII [Halfpennies and Farthings]
8ibid. p. 94, VI [Halfpennies and Farthings]
9Ruding, Rogers., Annals of the coinage of Great Britain and its dependencies, vol. i., 1st edition (London, 1807) p. 463
10ibid p. 464
11Lincoln is identified as "John Lincoln" in The Economic History Review, vol. 4, No. 1, Oct. 1932, p. 97, "among minor points may be mentioned the submission in 1384 of John Lincoln, goldsmith, known to economists by his valuable evidence given before the currency commission of 5 Richard II. and recorded on the Rolls of Parliament." from The Great Red Book of Bristol, edited by E.W.W. Veale, Introduction (Part I): Burgage Tenure in Mediaeval Bristol.
12Ruding, Rogers., Annals of the coinage of Great Britain and its dependencies, vol. i., 1st edition (London, 1807) p. 465-7
13 'Folios cxli - cli: March 1381-2 -', Calendar of letter-books of the city of London: H: 1375- 1399 (1907), pp. 179-190. URL: http://www.british-history.ac.uk Date accessed: 23 July 2014.
14Rolls of Parliament, vol. iii. p. 320-1, 38 [The Coinage]
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