George III shilling

This is one coin from a group that was sent in by Paul Altabas. It’s a shilling of George III, which is dated 1787 on the reverse. This type of shilling is very attractive and is one of the most common silver coins of the 18th century. It has no semee of hearts in the Hanoverian shield, so it is number 3743 in the Standard Catalogue.

In 1787 shillings were struck for the first time in high numbers since 1758. The majority were hoarded by banks, businesses and individuals and this is why they are so common in really good condition today. They might be common out of the ground but due to the 18th century hoarding they are rare in the ground. Leading on from this, very few have been found by detectorists. I would estimate that at least a dozen groats of Richard III come out of the ground for each 1787 shilling.

Valuation

The obverse is VF, the reverse not as good as it is weak in the centre. In its present condition it would be worth £40-50.

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