II. King Edward of England (April 25, 1284 – September 21, 1327) ruled from 1307 until his abdication in January 1327. He was born as the fourth son of King Edward I of England, but due to the early death of his brothers, he became the heir to the throne. After the death of his father, Edward I, he ascended the throne in 1307. In 1308, he married Izabella, IV. King Philip of France's daughter, thus easing the tension between the two countries, which was caused by the legal status of Gascogne in the south of France. Edward maintained a close relationship with his patron, Piers Gaveston, whom he appointed Earl of Cornwall. The nature of their relationship is not exactly known, but the growing power of the arrogant Gaveston gave birth to resentment among the English lords. The barons forced the king to accept the so-called reforming the political system. 1311 provisions. The strengthened lords drove Gaveston away, before Eduard annulled the provisions and recalled his favor. The rebel lords, led by the king's cousin, the Earl of Lancaster, captured and killed Gaveston in 1312, starting an armed conflict that lasted for several years. years of cold, rainy weather caused a prolonged famine. All this undermined the king's authority. Eduárd found new friends and advisers in the Despenser family; in particular, he established a close relationship with the younger Hugh Despenser. In 1321, Lancaster and his supporters invaded the Despenser estates and forced Edward to exile them. The king then gathered his supporters and attacked the opposition lords. In March 1322, Lancaster was captured and beheaded after a quick trial. Eduard and his minions revoked the earlier reforms favorable to the lords, imprisoned their opponents, and confiscated their possessions. The marriage of Eduard and Isabella deteriorated, and when the queen was sent to Paris to help conclude the Anglo-French peace, she refused to return to England. Edward fled to Wales, where he was captured in November 1326, and in January 1327 he was forced to abdicate in favor of his fourteen-year-old son Edward. He was then held captive until his death on September 21, 1327; probably murdered.

II. Edward's reign (1307-1327) brought significant changes in the history of England in terms of coinage. During Edward's reign, mainly pennies, halfpennies and farthings were minted. Higher value coins such as shillings and groats were rarer. The coins were made of silver, but their weight and fineness deteriorated over time. This led to inflation. The coins were minted in London and York at the royal mints, with Edward's portrait on the obverse and a cross on the reverse. The inscriptions were in Latin. 1311: The new penny was introduced, which was heavier and finer than the previous ones. This attempt failed and in 1317 they returned to the old penny. 1327: After Edward's abdication, Queen Isabella ordered a temporary coinage before her son III. Eduard would have ascended the throne. During Eduard's reign, counterfeiting was a serious problem. The king tried to suppress this with severe punishments. The coins played an important role in trade and the economy. The changes in the coinage reflect the political and economic difficulties of Edward's reign.