½ Guinea - William III (late harp) 1697-1701 front ½ Guinea - William III (late harp) 1697-1701 back
½ Guinea - William III (late harp) 1697-1701 photo
© Heritage Auctions

½ Guinea - William III late harp

 
Gold (.917) 4.19 g -
Description
Issuer
England (United Kingdom, British Overseas Territories and Crown Dependencies)
King
William III (1694-1702)
Type
Standard circulation coin
Years
1697-1701
Value
½ Guinea (43⁄80)
Currency
Pound sterling (1158-1970)
Composition
Gold (.917)
Weight
4.19 g
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-09
References
Numista
N#176674
Rarity index
100%

Reverse

Crowned cruciform shields around central Nassau lion with sceptres bearing national emblems in angles, divided date above, legend around.

Note: late harp

Script: Latin

Lettering: MAG· BR·FRA· ET·HIB· REX·16 98·

Translation: King of Great Britain France and Ireland

Edge

Diagonal reeding

Comment

These coins were struck at 89 to the pound troy, giving a standard weight of 12/89 troy ounce (64.7 grains).

During the period 1696 to 1698, the half guinea's value rose to 15 shillings, then was reduced in stages by Act of Parliament until it settled at 10 shillings 9 pence in 1698.

Interesting fact

One interesting fact about the ½ Guinea - William III (late harp) coin is that it was minted during a time of great economic change in England. The coin was introduced in 1697, just a year after the Great Recoinage of 1696, which aimed to address the issue of clipped and worn coins in circulation. The ½ Guinea coin was a new denomination that was introduced as part of this reform, and it was designed to be a more convenient and practical alternative to the larger 1 Guinea coin. The coin's design, featuring a crowned portrait of William III and a harp on the reverse, was meant to symbolize the strength and prosperity of the English monarchy. Despite its small size, the ½ Guinea coin was made of gold (.917) and weighed 4.19 grams, making it a valuable and sought-after coin among collectors today.