1 Shilling - William III (5th bust) 1699-1701 front 1 Shilling - William III (5th bust) 1699-1701 back
1 Shilling - William III (5th bust) 1699-1701 photo
© Heritage Auctions

1 Shilling - William III 5th bust

 
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
1699-1701
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#12975
Rarity index
85%

Reverse

Crowned cruciform shields around central Nassau lion, divided date above, legend around.

Script: Latin

Lettering: MAG· BR·FRA· ET·HIB REX·17 00·

Translation: King of Great Britain France and Ireland

Comment

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

Obverse and reverse die varieties:

Sp#3516, KM#504.1 (1699-1701) Fifth bust, hair high, varieties exist;
Sp#3517, KM#504.2 (1699-1701) Similar, plumes in angles;
Sp#3518, KM#504.3 (1699 only) Similar, roses in angles;
Sp#3519, KM#504.4 (1700 only) Similar, plume below bust.

Interesting fact

One interesting fact about the 1 Shilling - William III (5th bust) coin is that it was minted during a time of great economic change in England. The coin was introduced in 1699, just a few years after the Great Recoinage of 1696, which aimed to address the issue of clipped and worn coins in circulation. The new coinage system introduced by William III helped to stabilize the economy and paved the way for the development of modern currency.