© Heritage Auctions
© 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 | 1812-1816 |
| 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 | 2024-10-08 |
| Numista | N#16761 |
|---|---|
| Rarity index | 69% |
Reverse
Legend above denomination and date within wreath.
Script: Latin
Lettering:
BANK
TOKEN
1s. 6D.
1814
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) 1812-1816 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 temporary solution. The tokens were made of silver, but had a lower silver content than the standard coins, and were intended to be used for small transactions. They were issued by the Bank of England and were accepted as legal tender in the United Kingdom, British Overseas Territories, and Crown Dependencies. Despite being issued as a temporary measure, the tokens remained in circulation for several years and are now considered a collector's item.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1812 | - | - | - | - | - | - | |
| 1816 | - | - | - | - | - | - |
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) 1812-1816 coin.
