This shilling is one of the first shillings produced due to the Coinage Act of 1816, intended to reform the coinage so that it could be mass-produced cost-effectively and in enough quantity to resolve the coin shortage that had plagued Britain for nearly half a century. The machinery used to steam-mill the coins was provided by Matthew Boulton, of Birmingham, and was installed at the Royal Mint's new premises on Tower Hill, near the Mint's old premises within the Tower of London. These coins were a considerable qualitative improvement over the screw-milled issues of previous years.
Photographs shown may not be the actual coin and may differ in terms of grade, die numbers, design flaws and other minor details.
The size and dimensions of this of the New Coinage Shilling, introduced in 1816 lasted until 1990, although the metal content changed from sterling silver to 0.500 silver in 1920 and finally to cupro-nickel from 1947. In preparation for decimalisation in 1969, was renamed the 5p coin, which was reduced in size in 1990 to the diminutive 5p coin we know today.
The obverse shows the 'Bull Head' portrait of King George III by Benedetto Pistrucci.
The Reverse of the Shilling shows the crowned shield design.
|Silver Weight Troy Ounces
|Fineness / Carat
|George III (1760-1820)
|Mint / Brand
|The Royal Mint
|Out Of Stock
|13 September 2020
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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