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Making Money in Sixteenth-Century FranceCurrency, Culture, and the State$
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Jotham Parsons

Print publication date: 2014

Print ISBN-13: 9780801451591

Published to Cornell Scholarship Online: August 2016

DOI: 10.7591/cornell/9780801451591.001.0001

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Money and Sovereignty

Money and Sovereignty

Chapter:
(p.153) Chapter 4 Money and Sovereignty
Source:
Making Money in Sixteenth-Century France
Author(s):

Jotham Parsons

Publisher:
Cornell University Press
DOI:10.7591/cornell/9780801451591.003.0005

This chapter discusses King Henry IV's response to the massive fraud of silver coinage in France. These debased coins ranging in quality from bad to atrocious were known generically as nesles or as pinatelles. Henry IV approved/passed a royal edict prohibiting the debased pinatelles entirely, and appointed royal envoy—Nicolas Coquerel, the only member of the Monnaies who had defied the League in 1589—to oversee the situation. The king also implemented a comprehensive edict that raised the écu to sixty-five sols, returned the livre as the money of account, legalized the circulation of a number of foreign coins, and generally restored the pre-1577 dispensation.

Keywords:   King Henry IV, silver coinage, Nicolas Coquerel, pinatelles, foreign coins

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