The Noble was the first English gold coin produced in quantity, having been preceded by the Gold penny and the Florin earlier in the reigns of King Henry III and King Edward III, which saw little circulation. The derivatives of the Noble, the Half Noble and Quarter Noble, on the other hand were produced in quantity and were very popular. The value of the coin was six shillings and eight pence (6/8) i.e. eighty pence or one-third of a pound. Throughout the history of this denomination there are many varieties of inscriptions, mintmarks, and to some extent, design.