Écu in the context of Crown (currency)


Écu in the context of Crown (currency)

⭐ Core Definition: Écu

The term écu (French pronunciation: [eky]) may refer to one of several French coins. The first écu was a gold coin (the écu d'or) minted during the reign of Louis IX of France, in 1266. The value of the écu varied considerably over time, and silver coins (known as écu d'argent) were also introduced.

Écu (from Latin scutum) means shield. The coin was so called because its design included the coat of arms of France. The word is related to the Catalan escut, Italian scudo, or Portuguese and Castilian escudo. In English, the écu was often referred to as the crown, or the French crown in the eras of the English crown, British crown, and other crowns.

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Écu in the context of Silver coin

Silver coins are one of the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver.

As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar.

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Écu in the context of Gros (coinage)

A gros was a type of silver coinage of France from the time of Saint Louis. There were gros tournois and gros parisis. The gros was sub-divided in half gros and quarter gros. The original gros created by St Louis weighed about 4.52 g of nearly pure silver, and was valued at one sou, that is 12 deniers or 1/20 of a livre tournois. Unlike the gold écu that was minted in small numbers, mostly for prestige reasons, the gros was a very common coin, and very widely copied by non royal mints.

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