George III, Sixpence 1787 Uncirculated

Most will know about the illness of King George III, but most don’t know that because of that illness the King would not allow a law to make smaller coins to be passed. This of course caused a lot of problems with day-to-day commerce; there just were not enough small coins around to make change. There are only two silver coins struck before the Currency Reform Act of 1816, that are readily available to collectors: the George III Sixpence and the Shilling of 1787. There is a simple but almost unbelievable reason for this. These coins were struck at the Royal Mint from silver delivered from the Bank of England. The Bank decided that they would need some new shiny coins to give out to their clients at Christmas. So only the Bank of England had these silver coins, and they only handed them out during the Christmas period, and only to their wealthy clients. So now you have the whole history! You have King George III dressed in what looks like Roman armour, and on the reverse the arms of Hanover and France as well as England, Scotland, and Ireland. Back in 1787, you had to be somehow important to have one of these Sixpences, important enough to do business directly with the Bank of England, and someone they wanted to treat. We have selected some very high-quality examples of this beautiful and very important historical coin for your collection.
Availability: In stock
SKU: CGD5420
£245.00
Products specifications
Attribute nameAttribute value
MonarchGeorge III 1760 - 1820
Pre-Decimal DenominationSixpence (Tanner)
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In 1662 the Mint started making silver crowns on a machine, so they were milled rather than hammered coins. The Crown or five shillings was the largest silver coin made at the time. Please remember that these coins are over 300 years old and were a hell of a lot of money at the time. You have the bust of King Charles II on the obverse four shields and his initials on the reverse. Dates will be of our choice but this first milled crown of King Charles II is available in three grades for most collectors. Offered here in Fine.
£450.00