1 Shilling - Anne (1st bust) 1702 front 1 Shilling - Anne (1st bust) 1702 back
1 Shilling - Anne (1st bust) 1702 photo
© Heritage Auctions

1 Shilling - Anne 1st bust

1702 year
Silver (.925) 6.0 g 25 mm
Description
Issuer
England (United Kingdom, British Overseas Territories and Crown Dependencies)
Queen
Anne (1702-1714)
Type
Standard circulation coin
Year
1702
Value
1 Shilling (1⁄20)
Currency
Pound sterling (1158-1970)
Composition
Silver (.925)
Weight
6.0 g
Diameter
25 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-09
References
Numista
N#13057
Rarity index
86%

Reverse

Crowned cruciform shields around central Garter star, divided date above, legend around.

Script: Latin

Lettering: MAG· BR·FRA· ET·HIB REG·17 02·

Translation: Queen of Great Britain France and Ireland

Comment

Coins with 'VIGO' below the bust were struck with silver captured from a Spanish treasure fleet returning from America in Vigo Bay, northern Spain, in October 1702.

The standard weight of this coin was 6/31 troy ounce or 92.9 grains.

Obverse and reverse die varieties:

Sp#3583, KM#509.1 (1702) First bust, longer hair tie;
Sp#3584, KM#509.2 (1702) Similar, plumes in angles;
Sp#3585, KM#509.3 (1702) Similar, VIGO below bust.

Interesting fact

One interesting fact about the 1702 Silver Shilling coin with the first bust of Queen Anne is that it was minted during a time of great change in the British monetary system. The coin was minted in 1702, which was the first year that the new "standard" coinage was introduced, replacing the old "hammered" coinage that had been used for centuries. This new coinage was designed to be more uniform and easier to produce, and it featured a more detailed and realistic portrait of the queen. The use of silver in the coinage was also a significant change, as it marked a shift away from the use of copper and other base metals in the production of coins. Overall, the 1702 Silver Shilling coin with the first bust of Queen Anne is a fascinating piece of history that reflects the evolution of the British monetary system during this time period.

Price

Date Mintage VG F VF XF AU UNC
1702  - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Shilling - Anne (1st bust) 1702 coin.