Queen Victoria came to the throne in 1837 and in 1838 they issued her first coinage. Because
she was so young when she became Queen, this new coinage became known as Young
Head Coins. In 1887 when she celebrated her Gold Jubilee, she finally allowed her portrait to be
changed on the coins, this new portrait became known as the Jubilee Head Coinage. It only lasted
from 1887 until 1892 when it was again changed.
We have spent years accumulating enough 1887 Jubilee Head coins in high grades to offer
them to you. All are struck in Sterling Silver and all are dated 1887 the first year of this new
coinage. For years collectors have assumed that these coins are common. But in fact in the higher
grades these coins have become very difficult to find. Prices while they have risen are still
very affordable, especially when you think that they are 131 years old. On offer here is a Victoria 1887 Double Florin (with Arabic '1') in Extremely Fine grade.
When Queen Victoria celebrated her Golden Jubilee in 1887, she not only
allowed them to change her portrait but also to issue a new denomination.
That was the Double Florin which was equivalent to Four Shillings. It was almost
crownsized and struck in Sterling Silver. Today we have an equivalent coin, but
we call it a 20 Pence. Shows what time and inflation will do to money.
The Double Florin was also known as the Bar Maids ruin. After she had had a
few drinks, the bar maid would often give change for a Crown and not a Double
Florin. That Shilling difference was a lot of money and came directly from the Bar
Maids wages. This Double Florin was only made from 1887-1890.
In the past we have offered the Queen Victoria Double Florin in Fine and even
in Very Fine, now we can offer them in Extremely Fine condition. These are super
coins and most are dated 1887, remember they are struck in Sterling Silver and
they have the Jubilee Head portrait of the Queen.
In 1887, for Queen Victoria’s Golden Jubilee, the Royal Mint issued new coins with the
Jubilee Head of Victoria, but they also issued a new denomination, the Double Florin. The
only problem is that the Double Florin (4 Shillings) looked very similar to the Crown (5
Shillings). It got the nickname of the Bar Maids Ruin, as later at night after a few complimentary
drinks, the bar maid would often give change for a Crown when in fact she was given
a Double Florin.
This denomination proved unpopular and it was discontinued in 1890. The coins on offer
are struck in Sterling Silver and in Very Fine condition. This is a high grade for the issue and
much more difficult to get than many people realise. Get them while you can, it has taken us
a year to accumulate this small quantity.