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1812 King George III Silver Three Shilling Bank Token Coin

1812 George III Three Shilling Bank Token Obverse

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from
£60.00
A collectable silver Bank of England issue Three Shilling token of king George the Third, dated 1812. The obverse features the first laureate head of the king facing right, and the reverse shows the value and date within a wreath of laurel and oak leaves with acorns. These intriguing coins were struck in the latter years of the Napoleonic Wars as the conflict led to financial instability in Britain and the mass hoarding of gold and silver coins. The Royal Mint could not keep up with demand for replacement currency and - as a temporary measure - began issuing tokens. First, in the form of counter-marked Spanish coinage and later as these fascinating Bank Tokens which circulated as legal tender coinage. This is a fascinating area to collect with numerous die anomalies to study. This coin appears to have ‘tampered drops’ in between rim edge line decoration on the obverse only. Spink 3769.
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Obverse

Dies A1+2. First laureate bust of George III, facing right and wearing armour. One loose hair tie variant, top leaves pointing to 'E' in 'DEI'. Legend: 'GEORGIUS III DEI GRATIA REX'. Engraver: Lewis Pingo.

Reverse

Oak and laurel wreath with leaves and acorns and a gap at the top. Lettering: 'BANK TOKEN 3 SHILL 1812'

Grade

VF - A bright cleaned coin with hints of toning returning, an obverse scratch from ‘rex’ and usual very minor nicks and scratches under magnification: overall Very Fine.

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