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The merk (Scottish Gaelic: marg) is a long-obsolete Scottish silver coin. Originally the same word as a money mark of silver, the merk was in circulation at the end of the 16th century and in the 17th century. It was originally valued at 13 shillings 4 pence (exactly 2 ⁄ 3 of a pound Scots, or about one shilling sterling), later raised to 14s ...
Originally a Scots mark or merk was 13s 4d (160 pence), but the Scottish coinage depreciated against the English, and by the 18th century a Scots merk was worth only 13 1 / 3 d sterling – one-twelfth of its original value. Although such coins were abolished by the Acts of Union 1707, some stayed in circulation for decades, and the names ...
At this time, the Scottish one merk coin was similar to an English shilling, but it was valued at 13s 4d Scots. In 1677, Charles II introduced a copper bawbee , valued at 6 pence Scots, with a crowned thistle on the reverse in place of the figure of Britannia on the copper coins he struck in England.
The Scottish currency was later devalued relative to sterling by debasement of its coinage. [citation needed] By the time of James III, one pound Scots was valued at five shillings sterling. [citation needed] Silver coins were issued denominated in merk, worth 13s.4d. Scots (two-thirds of a pound Scots).
The value of some coins fluctuated, particularly in the reigns of James I and Charles I. The value of a guinea fluctuated between 20 and 30 shillings before being fixed at 21 shillings in December 1717. These are denominations of British, or earlier English, coins – Scottish coins had different values.
Estimated value: $50-$100. These quarters are actually the result of a die flaw that produced two different variations, creating what’s referred to now as “Extra High Leaf and Extra Low Leaf ...
Merk (coin) Museum on the Mound; P. Penny Scots; Pistole (Scottish coin) Plack (coin) Pound Scots; U. Unicorn (coin)
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