In 1816 they passed the Currency Reform Act which made it possible to strike coins without having to have the Monarch sign a bill every year. This was because of King George III's sickness, which resulted in a great shortage of small coins. In 1816 and until 1820 this new design of the King’s Shilling circulated and the King hated the new designs. In fact he hated the Half Crown design so much that he made them change it. All of the George III Shillings are struck in Sterling Silver and they were only made from 1816 until 1820. We can offer this Bull Head Shilling of George III in Fair. The King may have hated the design, but we like it. The more coins you order, the more different dates we will try and give you.
In 1816 there was the Currency Reform Act, which allowed coins to be struck even without the Monarch’s permission. This was put into place because of King George III’s illness and the shortage of small change. From 1816 on, new designs, new weights, new everything. These are the first of the new Sterling Silver Sixpences and Shillings issued from 1816-1820. You have the bull head of the King on one side and a crowned shield on the other side. The coin presented here is in VG.
Most will know about the illness of King George III, but most don’t know that because of that illness the King would not allow a law to make smaller coins to be passed. This of course caused a lot of problems with day to day commerce; there just were not enough small coins around to make change. There are only two silver coins struck before the Currency Reform Act of 1816, that are readily available to collectors: the George III Sixpence and the Shilling of 1787. There is a simple but almost unbelievable reason for this. These coins were struck at the Royal Mint from silver delivered from the Bank of England. The Bank decided that they would need some new shinny coins to give out to their clients at Christmas. So only the Bank of England had these silver coins, and they only handed them out during the Christmas period, and only to their wealthy clients. So now you have the whole history! You have King George III dressed in what looks like Roman armour, and on the reverse the arms of Hanover and France as well as England, Scotland, and Ireland. Back in 1787, you had to be somehow important to have one of these Shillings, important enough to do business directly with the Bank of England, and someone they wanted to treat. We have selected some very high-quality examples of this beautiful and very important historical coin for your collection.
These George III Sterling Silver 1787 Sixpences were only struck for circulation for just one year, 1787. What is even more interesting is that they were struck for the Bank of England to give out to their favoured clients around Christmas. You have King George III in an armoured bust on the obverse and four crowns and four shields on the reverse. Today the Royal Mint is charging £95 in Fine. The reverse in some ways is even more interesting than the obverse. As you have the arms of England, Ireland, Scotland, Hanover and France. The coins on offer are very high grade and becoming very difficult to find these days. They are available in Extremely Fine. Remember that this coin is now over 230 years old and in very high quality.