Editing Eadred (section)

=== Coinage ===
{{multiple image
 | align     = right
 | direction = horizontal
 | width     = 200
 | image1    = Silver penny of King Eadred (YORYM 2000 1495) obverse.jpg 
 | alt1      = Silver penny of Eadred, obverse
 | caption1  = Silver penny, obverse, inscribed 'EADRED REX'
 | image2    = Silver penny of King Eadred (YORYM 2000 1495) reverse.jpg
 | alt2      = Silver penny of Eadred, reverse
 | caption2  = HT1 style reverse inscribed 'INGELGAR M'{{efn|'''M''' stands for ''Moneta'' (Moneyer). This coin is classified as HT1, with a [[Obverse and reverse|reverse]] which has the moneyer's name shown horizontally, three crosses in the middle and trefoils top and bottom.{{sfn|Blunt|Stewart|Lyon|1989|pp=13–15}} }}
}}

The only coin in common use in late Anglo-Saxon England was the silver [[History of the English penny (c. 600 – 1066)|penny]].{{sfnm|1a1=Grierson|1a2=Blackburn|1y=1986|1p=270|2a1=Naismith|2y=2014a|2p=330}} Halfpennies were very rare but a few have been found dating to Eadred's reign, one of which has been cut in half to make a farthing. The average weight of a penny of around 24 [[Grain (unit)|grains]] in Edward the Elder's reign gradually declined until Edgar's [[History of the English penny (c. 600 – 1066)#Edgar's reform, c. 973 and the late Anglo-Saxon coinage|pre-reform coinage]], and by Eadred's time the reduction was about 3 grains.{{sfn|Blunt|Stewart|Lyon|1989|pp=137–138, 237}} With a few exceptions, the high silver content of 85 to 90% in previous reigns was maintained under Eadred.{{sfn|Naismith|2014b|p=69}}

One common coin type in Eadred's reign is designated BC (bust crowned), with the king's head on the [[obverse]]. Many BC coins are based on an original style of Æthelstan's reign but are of crude workmanship. Some were produced by moneyers who had worked in the previous reign, but there were over thirty new moneyers producing BC coins, out of which nearly twenty are represented by a single coin, so it is likely that there were other moneyers producing BC coins whose coins have not yet been found.{{sfn|Blunt|Stewart|Lyon|1989|pp=11–12, 191–192}} 

The H (Horizontal) type, with no king's bust on the obverse and the moneyer's name horizontally on the reverse, was even more common, with more than eighty moneyers known for Eadred's reign, many only from single specimens.{{sfn|Blunt|Stewart|Lyon|1989|pp=13–15, 130}} The dominant styles in Eadred's reign were HT1 in the south and east, with [[trefoil]]s top and bottom on the reverse (see right), and HR1 in the north midlands, with rosettes instead of trefoils, produced by around sixty moneyers and the most plentiful style in Eadred's reign.{{sfn|Blunt|Stewart|Lyon|1989|pp= 16, 134–135}}

In Northumbria and the north-east in Eadred's reign there were a few moneyers with a large output, whereas coins in the rest of the country were produced by many different moneyers.{{sfn|Blunt|Stewart|Lyon|1989|p=130}} The mint town is shown on some BC coins, but rarely on H types. A few HRs show Derby and Chester, and one HT1 coin survives with an Oxford inscription and one with Canterbury.{{sfn|Blunt|Stewart|Lyon|1989|pp=134–135}} The leading York moneyer for almost the whole of Eadred's reign was Ingelgar (see right). He produced high-standard coins for Eadred, Anlaf and Erik and worked until the last months of Eadred's reign, when he was replaced by Heriger. Another large-scale moneyer was Hunred, who may have operated at Derby when York was in Viking hands.{{sfn|Blunt|Stewart|Lyon|1989|pp=130–132, 193}}