1 Penny - William III (incl. Maundy) 1698-1701 front 1 Penny - William III (incl. Maundy) 1698-1701 back
1 Penny - William III (incl. Maundy) 1698-1701 photo
© Heritage Auctions

1 Penny - William III incl. Maundy

 
Silver (.925) 0.5 g 12 mm
Description
Issuer
England (United Kingdom, British Overseas Territories and Crown Dependencies)
King
William III (1694-1702)
Type
Standard circulation coin
Years
1698-1701
Value
1 Penny (1⁄240)
Currency
Pound sterling (1158-1970)
Composition
Silver (.925)
Weight
0.5 g
Diameter
12 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-08
References
Numista
N#27955
Rarity index
90%

Reverse

Central crowned denomination dividing date, legend around.

Script: Latin

Lettering:
MAG·BR·FR·ET·HIB·REX·17 01·
I

Translation: King of Great Britain France and Ireland

Comment

House of Stuart Restored (1660-1714); William III (1694-1702).

The standard weight of this coin was 1/62 troy ounce (7.7 grains).

Before the Great Recoinage of 1817, there is no known evidence to suggest that separate 'prooflike' strikes were issued for the Maundy ceremony, suggesting that the money handed out was identical to the circulating coinage at that time.

Sp#3553 Maundy money sets listed with their KM# ref:

1698 MDS30 1700 MDS32 1701 MDS33
1699 MDS31

Interesting fact

One interesting fact about the 1 Penny coin from William III's reign is that it was the first coin to feature a portrait of a British monarch wearing a wig. This was a departure from the traditional depiction of monarchs with long hair, and it reflected the changing fashion trends of the time.