© Heritage Auctions
© Heritage Auctions
1 Dollar - George III Bank of England Token
1804 year| Silver (.903) | 26 g | 41 mm |
| Issuer | United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies) |
|---|---|
| Issuing bank | Bank of England |
| King | George III (1760-1820) |
| Type | Token |
| Year | 1804 |
| Value | 1 Dollar = 5 Shillings (¼) |
| Currency | Pound sterling (1158-1970) |
| Composition | Silver (.903) |
| Weight | 26 g |
| Diameter | 41 mm |
| Thickness | 1.6 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-09 |
| Numista | N#16742 |
|---|---|
| Rarity index | 53% |
Reverse
Seated image of Britannia left, holding olive branch in right hand and spear in left, shield bearing the Union flag resting to left, beehive to left, cornucopia to right, all within a garter surmounted by a castellated "crown" of five circular stone turrets. Engraver's initial appears in the triangular space between the sheld, cornucopia, and Britannia's dress.
Script: Latin
Lettering:
BANK OF ENGLAND
FIVE SHILLINGS
DOLLAR
1804
Engraver: Conrad Heinrich Küchler
Edge
Plain / partially patterned from 8 Real undertype
Comment
Overstruck Spanish American 8 Real coin issued by the Bank of England with a value of 5 shillings to supplement a deficiency in British regal coinage. The coins were struck by the Soho Mint, Birmingham between 1804 and 1811 though all bear the date 1804. Initially valued at 5 shillings, they were re-valued at 5 shillings 6 pence in 1811 and were withdrawn in 1817-1818. Often found with undertype still showing which adds around 10% of the value dependent upon grade (a couple of examples below).Interesting fact
One interesting fact about the Token 1 Dollar - George III (Bank of England Token) 1804 from United Kingdom is that it was issued during a time of economic crisis. In the early 19th century, the British economy was facing a severe shortage of silver coins, which were the primary currency at the time. To address this issue, the Bank of England issued a series of tokens, including the 1804 Token 1 Dollar, which were made of silver and had a standardized design to ensure their authenticity. These tokens were widely accepted as a means of payment and helped to alleviate the economic crisis. Today, the 1804 Token 1 Dollar is a highly sought-after collector's item, with some examples selling for thousands of dollars.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1804 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Dollar - George III (Bank of England Token) 1804 coin.
