George I Silver Penny, ‘Maundy’ Type, 1716

£140.00

Product Code:26042109

1 in stock

1 in stock

Description

Heading: George I silver penny – Maundy type

Denomination: Silver penny

Period: Hanover

Date: 1716

Origin: London mint

Condition: VF+, striated ‘hay marks’ good piece for type

Obverse: Laureate bust of George I, right, legend around GEORGIVS DEI GRA

Reverse: Crowned denominational ‘I’ date either side of crown, legend around MAG BR FR ET HIB REX

Size and Weight: 12mm, 0.47g

References: Spink 3657

Features and Provenance: Ex Bonham’s

George I, born on 28th May 1660, was the first Hanoverian king of Great Britain. He inherited the throne after Queen Anne, the last of the Stuarts, died without children. Although there were more than 50 other people in line before him, they were all Roman Catholic and Parliament wanted to make sure that only Protestants would be able to inherit the Crown. George could only speak German and French and he did not like living in England so spent a lot of his reign in Germany. He was not much mourned by the British people on his death in 1727, but he did manage to keep the country free from war for the whole of his reign.

Although used in general circulation, the 4,  3, 2 and 1d coins have been known as ‘Maundy’ money, given by the monarchs to the needy once a year. Later, special coins were mint for this purpose. The ‘hay marks’ mentioned above are supposed to be caused when the hot planchets were thrown onto straw to cool, it is more likely that the small coins suffered stresses when quenching in water, but it is still debatable.

 

Condition Summary. This varies with the age of coin and there are grades between

Uncirculated (U). As struck with no traces of wear

Extremely Fine (EF). Very slight traces of wear. all parts of legend etc present. visible and clear

Very Fine (VF). Some signs of wear on the higher parts of the relief. all parts of legend etc present. but maybe worn

Fine (F). Wear on the coin and parts of legend etc may be missing or not visible

 

Additional information

Weight50 g

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