Shilling of Charles I
Glyn Peak unearthed this hammered silver coin on 16 July. It is a shilling of Charles I, which was struck at the mint in the Tower of London.
The clipping of coins was fairly common in the 17th century but this shilling has been cut down to within the inner circle. Glyn wondered if it would still have been legal tender. Well, what remains would be .925 fine silver so it could have passed for its weight in silver, which might have been four or five pence.
Valuation
Most would regard this coin as being ruined as a collectors’ piece due to the excessive clipping. However, it is an example of what could happen to a coin back in the 17th century. Therefore, it should still be worth at least £5 as an interesting and historical curiosity.
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