© Heritage Auctions
1 Shilling 6 Pence - George III Bank of England Token
| Silver (.8916) | 7.35 g | 26 mm |
| Issuer | United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies) |
|---|---|
| Issuing bank | Bank of England |
| King | George III (1760-1820) |
| Type | Token |
| Years | 1811-1812 |
| Value | 1 Shilling 6 Pence (3⁄40) |
| Currency | Pound sterling (1158-1970) |
| Composition | Silver (.8916) |
| Weight | 7.35 g |
| Diameter | 26 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-09 |
| Numista | N#16743 |
|---|---|
| Rarity index | 57% |
Reverse
Legend above denomination and date within oak wreath.
Script: Latin
Lettering:
BANK
TOKEN
1S. 6D.
1811
Edge
Plain
Comment
These Bank of England tokens were struck to a standard weight of 113.5 grains, comprising 101.2 grains pure silver and 12.3 grains alloy.Interesting fact
One interesting fact about the Token 1 Shilling 6 Pence - George III (Bank of England Token) 1811-1812 from United Kingdom is that it was issued during a time of economic crisis. The British government was facing a shortage of silver coins, which were the primary currency at the time, and decided to issue these tokens as a substitute. The tokens were made of silver, but had a lower purity than regular coins, and were intended to be used for small transactions. This fact highlights the adaptability and resourcefulness of the British government in addressing economic challenges.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1811 | - | - | - | - | - | - | |
| 1812 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Shilling 6 Pence - George III (Bank of England Token) 1811-1812 coin.