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Shilling of George II

I was told that this early milled silver coin turned up during an outing organised by a detecting club. The finder, Michael Poole, asked for a full ID and a valuation.

The coin is a shilling of George II, with the young head of the king on the obverse. On the reverse it is dated 1727 and between the four shields are plumes, which indicate the coin was made from silver that had come from the mines owned by the Welsh Copper Company.

This coin is very rare as a detecting find but in itself it is only scarce. Lots of silver coins were struck during the 18th century but most were hoarded by banks, businesses and individuals. Today most 18th century silver coins aren’t scarce but there was an almost constant shortage from the reign of George I onwards.

Valuation

The obverse of this shilling would grade Fine+, the reverse about VF, but on parts of the edge on both sides there is what looks like a black deposit. Michael asked if the blackness could be removed. I don’t know exactly what it is, so I can’t recommend a possible remedy. As it stands, with the unsightly black areas, the coin might sell for around £80. However, if the blackness could be removed without the coin looking as it if had been cleaned, then it would be worth £200+ to a collector.

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