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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 ...
Although the Parliament of Scotland proclaimed Charles II King on 5 February 1649, he did not strike coins in Scotland until 1664. His silver denominations were multiples of the merk. At this time, the Scottish one merk coin was similar to an English shilling, but it was valued at 13s 4d Scots.
1948–2002: the German mark, also called Deutsche Mark or D-Mark, and abbreviated DM; or to one of the other following historical currencies: the merk Scots, an early-modern Scottish silver coin; the Swedish mark, minted 1532–1776 but used as counting unit from medieval time; 1860–2002: the Finnish markka; 1884–1911: the New Guinean mark;
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.
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Merk may refer to: Merk (coin), old Scottish coin worth 13 schillings and 4 pence Scots; Merkland, old Scottish unit of land measurement; Mérk, village in eastern Hungary; Merk, Iran, village in Kurdistan Province, Iran; Ernst Merk (1903–1976), World War II German army officer; Frederick Merk (1887–1977), American historian
Silver coins were issued denominated in merk, worth 13s.4d. Scots (two-thirds of a pound Scots). When James VI became King James I of England in 1603, the coinage was reformed to closely match sterling coin, with £12 Scots equal to £1 sterling. [1] No gold coinage was issued from 1638 to 1700, but new silver coinage was issued from 1664 to ...