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Coin (reverse), penny, of Eadgar

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From Iona, Argyll

Coin (reverse), penny, of Eadgar
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This silver coin was found in a hoard containing over 360 Anglo-Saxon coins, a finger ring bezel, a silver ingot and a gold rod fragment buried in Iona Abbey between 986 and 990. The coin was minted sometime between 959 and 975.

The coin was minted for the Anglo-Saxon king Eadgar at Chester.

No coins were minted in Scotland until the 12th century. After the Romans left Scotland, purchases were made by barter or by weighing silver, and to a lesser extent gold, on balances. Any silver was acceptable, including coins from foreign countries.

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