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1 Shilling - William III 1st bust; Norwich
Silver (.925) | 6.0 g | 25 mm |
Issuer | England (United Kingdom, British Overseas Territories and Crown Dependencies) |
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King | William III (1694-1702) |
Type | Standard circulation coin |
Years | 1696-1697 |
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 |
Numista | N#53611 |
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Rarity index | 88% |
Reverse
Crowned cruciform shields around central Nassau lion, divided date above, legend around.
Script: Latin
Lettering: MAG· BR·FRA· ET·HIB· REX·16 96·
Translation: King of Great Britain France and Ireland.
Engraver: John Roettier
Comment
The standard weight of this coin was 6/31 troy ounce or 92.9 grains.Interesting fact
One interesting fact about the 1 Shilling - William III (1st bust; Norwich) 1696-1697 coin is that it was minted during a time of great economic change in England. The coin was introduced as part of a new currency system that was implemented in 1696, which aimed to address the issues of inflation and the lack of small denomination coins in circulation. The introduction of this coin and others like it helped to stabilize the economy and pave the way for the development of modern currency systems.