Sixpence of Elizabeth I

Edward Burns is the finder of this Elizabeth I hammered coinage sixpence. I was asked for my opinion as to its commercial value.

The coin is dated 1561 and has mint mark pheon on both sides. This is one of the first sixpences struck during the long reign of Elizabeth I.

Valuation

Overall, the coin can’t have been in circulation for long as it has almost no signs of wear. However, there is a flat area above the queen’s forehead and on the reverse the lower-right quarter of the shield is flat. The flatness could be the result of a hammer blow or could be due to a depression in the silver disc on which the dies were struck.

Whatever the cause, the flat areas will push down the value of this sixpence. As it stands my price range would be £100 to £120.

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