Penny Blue Penny Blue The Penny Blue is frequently mistaken for a postage stamp of Britain. It is from a series of proof impressions which were made at the time Rowland Hill was looking at the new colours which were to be used for the stamps which were to replace the Penny Black and the original 1840 issue of the Two pence Blue. The decision to change the black stamp to red had already been made, and at the same time the colour of the ink used for the cancellations was to be changed from red to black. Although it had been
Gold penny Gold penny The gold penny was a medieval English coin with a value of twenty pence. Until the reign of King Henry III of England (1216–1272), any need in England for coins worth more than one penny, at the time a silver coin, was met by the use of Byzantine or Arabic gold and silver coins which circulated among merchants and traders. However, as commerce increased, so did the need for higher value coins. In 1257 Henry instructed his goldsmith, William of Gloucester, to produce a coinage of pure gold. The gold penny was introduced, with a value of twenty