1 Pistole - William II 1701 front 1 Pistole - William II 1701 back
1 Pistole - William II 1701 photo
© Trustees of the British Museum

1 Pistole - William II

1701 year
Gold (.916) 6.84 g 24 mm
Description
Issuer
Scotland (United Kingdom, British Overseas Territories and Crown Dependencies)
King
William II (1689-1702)
Type
Standard circulation coin
Year
1701
Value
1 Pistole (12)
Currency
Pound Scots (1136-1707)
Composition
Gold (.916)
Weight
6.84 g
Diameter
24 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-08
References
Numista
N#88201
Rarity index
100%

Reverse

Crowned royal arms.

Script: Latin

Lettering: MAG BRIT · FRA · ET · HIB · REX · 1701 ·

Translation: King of Great Britain, France and Ireland

Comment

These coins were struck from gold that was imported by the Company of Scotland Trading to Africa and the Indies (more popularly known as the Darien Company). The company's badge is beneath the king's bust.

Interesting fact

One interesting fact about the 1 Pistole - William II 1701 coin from Scotland is that it was minted during a time when the country was still using the Julian calendar, which was introduced by Julius Caesar in 45 BCE. The Julian calendar had a leap year every four years, but it miscalculated the solar year by about 11 minutes. This resulted in a discrepancy of about 14 days between the calendar and the actual solar year. This coin was minted in 1701, which was actually the year 1701 according to the Julian calendar, but it would have been considered 1702 according to the modern Gregorian calendar that we use today.