In the 970s, Æthelstan's nephew, King Edgar, reformed the monetary system to give Anglo-Saxon England the most advanced currency in Europe, with a good quality silver coinage, which was uniform and abundant. In Æthelstan's time, however, it was far less developed, and minting was still organised regionally long after Æthelstan unified the country. The Grately code included a provision that there was to be only one coinage across the king's dominion. However, this is in a section that appears to be copied from a code of his father, and the list of towns with mints is confined to the south, including London and Kent, but not northern Wessex or other regions. Early in Æthelstan's reign, different styles of coin were issued in each region, but after he conquered York and received the submission of the other British kings, he issued a new coinage, known as the "circumscription cross" type. This advertised his newly exalted status with the inscription, "Rex Totius Britanniae". Examples were minted in Wessex, York, and English Mercia (in Mercia bearing the title "Rex Saxorum"), but not in East Anglia or the Danelaw.
In the 970s Æthelstan's nephew King Edgar reformed the monetary system to give Anglo-Saxon England the most advanced currency in Europe with a good quality silver coinage which was uniform and abundant In Æthelstan's time however it was far less developed and minting was still organised regionally long after Æthelstan unified the country The Grately code included a provision that there was to be only one coinage across the king's dominion However this is in a section that appears to be copied from a code of his father and the list of towns with mints is confined to the south including London and Kent but not northern Wessex or other regions Early in Æthelstan's reign different styles of coin were issued in each region but after he conquered York and received the submission of the other British kings he issued a new coinage known as the "circumscription cross" type This advertised his newly exalted status with the inscription "Rex Totius Britanniae" Examples were minted in Wessex York and English Mercia (in Mercia bearing the title "Rex Saxorum") but not in East Anglia or the Danelaw