This is the third Edward VI profile shilling in the collection of detecting finds built up by Roger Paul. This one was struck during the third period of debasement and contains only about one quarter the amount of silver that it should do.
The coin is dated M D LI in Roman numerals, so it was struck during 1551. Later in this year the silver coinage of England would return to the sterling standard. This shilling has mint mark Y on the obverse a lis on the reverse, so it is a very rare mule of mint marks and was struck at Southwark. In the Standard Catalogue it is one of the coins listed as number 2473A.
It would grade only Fair and has a scratch across the reverse. The condition could be better but it is a very rare mule, so a specialist collector could still be interested in it if the price range was £70 – £90.
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