1 Shilling - William III (1st bust; Norwich) 1696-1697 front 1 Shilling - William III (1st bust; Norwich) 1696-1697 back
1 Shilling - William III (1st bust; Norwich) 1696-1697 photo
© Heritage Auctions

1 Shilling - William III 1st bust; Norwich

 
Silver (.925) 6.0 g 25 mm
Description
Issuer
England (United Kingdom, British Overseas Territories and Crown Dependencies)
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
References
Numista
N#53611
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.