brass money

brass money, sometimes (though not in contemporary usage) gunmoney, the copper and copper alloy coinage, to an estimated value of over £1.5 million, issued in the name of James II 1689–90. Initially widely accepted, its value was depressed by overproduction, by competition with the silver circulating among French soldiers, and by dwindling confidence in the Jacobite cause. Protestant rhetoric presented William III as having delivered the kingdom from ‘Popery, brass money and wooden shoes’.

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"brass money." The Oxford Companion to Irish History. 2007. Encyclopedia.com. 10 Feb. 2012 <http://www.encyclopedia.com>.

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