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Woods Halfpence, 1724 (engraving)
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Woods Halfpence, 1724 (engraving)
XJF618904 Woods Halfpence, 1724 (engraving) by Irish school, (18th century); Private Collection; (add.info.: Satire on the imposition of small copper coins supplied to Ireland by William Wood (1671-1730) who was granted a monopoly in 1722.); Irish, out of copyright
Media ID 12810743
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Bags Banking Coin Coinage Coins Copper Currency Economics Economy Halfpenny Hardship Imported Importing Monopoly William Woods
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EDITORS COMMENTS
This engraving from the 18th century, titled "Woods Halfpence, 1724" offers a glimpse into a significant chapter in Irish history. The print showcases the satirical response to the introduction of small copper coins supplied to Ireland by William Wood, an influential figure of his time. In 1722, Wood was granted a monopoly over coinage production in Ireland. The image portrays the hardship faced by the Irish people due to this controversial move. Bags filled with these newly minted halfpenny coins are depicted, symbolizing their overwhelming presence and impact on society. This satirical artwork serves as a commentary on the economic consequences of Wood's monopoly and its effects on everyday life. The artist behind this piece remains unknown but has skillfully captured both the political undertones and social implications surrounding this issue. By highlighting how currency plays an integral role in shaping economies and societies, this engraving sheds light on broader themes such as banking systems and imported goods. Today, we can appreciate "Woods Halfpence" not only for its artistic merit but also for its historical significance. It stands as a testament to Ireland's struggle against monopolistic practices that threatened their economy during that era. As it is now out of copyright, this thought-provoking artwork continues to be admired by art enthusiasts worldwide through private collections like Fine Art Finder at www. bridgemanart. com
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