Obverse: Cross pattee with the inscription RICARDVS REX (King Richard) around.
Reverse: The legend PIC/TAVIE/NSIS, in 3 lines, indicating that this coin was struck in Poitou, France.
Richard I, known also as Richard the Lionheart (Richard Cœur de Lion), became Duke of Aquitaine and Count of Poitou in 1172, but was later forced to surrender Aquitaine to his mother, Eleanor. Richard became King of England in 1189, but spent little of his reign in England, because he was either on crusade or held prisoner. He was killed at the siege of Chalus in France in 1199.
In 1192, Richard the Lionheart become Richard the Imprisoned. His captor was Leopold V, Duke of Austria. the ransom was set at 150,000 silver marks, which was up to three times the annual income for the English Crown. The money raised, Richard was released from captivity in Mainz in Germany on 4 February 1194.
The only coins bearing Richard’s name were minted in western France at Aquitaine, and Poitou. All of the coins minted in England during Richard's reign are of a design introduced by his father and carry the name HENRICVS.