© Heritage Auctions
© Heritage Auctions
3 Shillings - George III Bank of England Token
| Silver (.8916) | 14.7 g | 34 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 | 3 Shillings (3⁄20) |
| Currency | Pound sterling (1158-1970) |
| Composition | Silver (.8916) |
| Weight | 14.7 g |
| Diameter | 34 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-09 |
| Numista | N#16764 |
|---|---|
| Rarity index | 63% |
Reverse
Legend above denomination and date, all within an oak wreath.
Script: Latin
Lettering:
BANK
TOKEN
3 SHILL.
1812
Comment
These Bank of England tokens were struck to a standard weight of 227 grains, comprising 202.4 grains pure silver and 24.6 grains alloy.Minted during the Napoleonic Wars, when the Royal Mint was not producing Crown coinage but rather pieces issued under the authority of the Bank of England, thus technically a token although its purity of metal caused it to be accepted as money. The era of official circulating token coinage that began with the countermarking of Spanish American 8 Reales, would end with the final issue of this type when the New Coinage began to appear. Sometimes this last type is called the Bare Head style but as may be observed the king wore a laurel around his head. Due to the scarcity of 1816 dated issues, the Spink Standard Catalogue of British Coins carries a warning to beware of counterfeits.
http://www.coinfactswiki.com/wiki/Great_Britain_1815_3_shillings
Interesting fact
One interesting fact about the Token 3 Shillings - 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 gold coins, which led to the creation of these silver tokens as a substitute. The tokens were accepted as legal tender and were used widely in trade and commerce. Despite their initial purpose as a temporary solution, the tokens became a popular collector's item and are still highly sought after by numismatists today.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1812 | - | - | - | - | - | - | |
| 1813 | - | - | - | - | - | - | |
| 1814 | - | - | - | - | - | - | |
| 1815 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 3 Shillings - George III (Bank of England Token) 1812-1816 coin.
