Page "Quarter Florin" Paragraph 0

The Quarter Florin or Helm was an attempt by English King Edward III to produce a gold coinage suitable for use in Europe as well as in England ( see also Florin or Double Leopard and Half Florin or Leopard ).

The quarter florin, based on contemporary European gold coins had a value of one shilling and sixpence.

Unfortunately the gold used to strike the coins was overvalued, resulting in the coins being unacceptable to the public, and the coins were withdrawn after only a few months in circulation, in August 1344, to be melted down to produce the more popular gold Noble.