Coin Act 1503
| Jurisdiction | UK Non-devolved |
| Citation | 1503 c. 5 |
(19 Hen. 7) C A P. V.
'THE King our Sovereign Lord, seeing evidently that his Coin, and specially of Silver, is sore impaired, as well by clipping thereof, as counterfeiting of the same, and by bringing into this his Realm of the Coin ofIreland , by occasion whereof great Rumour and Variance daily increaseth among his Subjects for taking and refusing of the same:' (2) For ceasing and pacifying whereof, and for the universal Weal of this his Realm, by the Advice and Assent of his Lords Spiritual and Temporal, and the Commons, in this present Parliament assembled, and by Authority of the same, hath ordained, established, and enacted, Thatall Manner of Gold of the Coins of a Sovereign, Half Sovereign, Ryal, Half Ryal, and the Fourth Part of a Ryal, the Angel, and Half Angel, and every of them, being Gold, whole and Weight, shall go and be current in Payment through all this his Realm for the Sum that they were coined for. (3) And also that as well all Manner Groats ofEnglish Coin, and of the Coin of other Lands now current in this Realm for Groats, or for iv. d. being Silver, and not clipped, minished, or otherwise impaired, except reasonable Wearing (albeit they be cracked) as all Manner of Half Groats, or Pence of ij. d. of English Coin, or of the Coin of other Lands, now current in this Realm for Half Groats, or for ij. d. not clipped, minished, or otherwise impaired, being Silver (howbeit they be cracked) shall in like wise go and be current through all the same Realm for the Sum as they were coined for. (4)And over that, That all Manner of Pence being Silver, and having the Print of the King's Coin, shall have Course, and be current for Payment, as well to him in all his Receipts, as to all his Receivers, and to all other Lords Spiritual and Temporal, and their Receivers, and to all other within this his Realm, without any Manner Refusal or Contradiction; except only Pence bearing Spurs, or the Mullet, betwixt the Bars of the Cross; and those Pence so bearing the Print of the Spur, or the Mullet, to have Course for Halfd. and not above. (5)And if any Person hereafter refuse any Coin afore rehearsed, to take it in Payment after the Effect and the Tenor of this Act, that then he that so refuseth it shall be compelled by the Mayor, Sheriff, Bailiff, Constable, or other chief Officer or Governor of the Town or Place where any such Payment shall be refused, to accept and take the...
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