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The Great Debasement
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The Great Debasement was a currency debasement policy introduced in 1544 England under the order of Henry VIII which saw the amount of precious metal in gold and silver coins reduced and in some cases
Henry VIII in 1542
Henry VIII in 1542
Debased testoon 1544–1547
Debased testoon 1544–1547
Henry VIII penny 1509-1547
Henry VIII penny 1509-1547
Henry VIII Groat 1526-1532
Henry VIII Groat 1526-1532
Henry VIII
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Henry VIII was King of England from 22 April 1509 until his death in 1547. At the same time, he was Lord of Ireland until 18 June 1542, after which he was also King of Ireland.
The Great Debasement
…The Great Debasement (1544–1551) was a currency debasement policy introduced in 1544 England under the order of Henry VIII which saw the amount of precious metal in gold and silver coins reduced and in some cases replaced entirely with cheaper base metals such as copper…
Henry VIII
Portrait by Meynnart Wewyck, 1509
Portrait by Meynnart Wewyck, 1509
The meeting of Francis I and Henry VIII at the Field of the Cloth of Gold in 1520
The meeting of Francis I and Henry VIII at the Field of the Cloth of Gold in 1520
Henry (left) with Pope Leo X (centre) and Emperor Charles V (right); painting by unknown artist c. 1520
Henry (left) with Pope Leo X (centre) and Emperor Charles V (right); painting by unknown artist c. 1520