This 3 Shillings bank token was issued by the Bank of England in response to the huge shortage of coinage in Britain. This is a superb example and has been graded EF by our expert numismatists.
Issued by the Bank of England during the Napoleonic Wars, prior to the 1816 British Currency Act. The 3 Shilling bank token was one of three denominations issued; the Three Shillings, The Eighteenpence (1s. 6d.) and the Ninepence (9d.). As these coins were not Crown coinage, they were classed as Bank Tokens and were accepted as money.
Struck in medal alignment, the coin has a plain edge.
The obverse features the right facing laureate head bust of King George III by engraver Lewis Pingo. The top leaf of the laureate of oak and olive leaves points between the I and G of the Latin legend GEORGIUS III DEI GRATIA REX (George III by Grace of God King).
The reverse bears the value, BANK TOKEN 3 SHILL. and date 1815 within an oak and olive wreath with acorns and berries.
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