Recess Antiques

Description

George III
Bank of England
Five Shilling Dollar
1804
My assessed grade: Very Fine (VF).
Please use the photos to make your own assessment.
Approximate dimensions: diameter 39.6mm, weight 26.7 grams.

At the end of the 18th century there was a shortage of Crowns and Half Crowns. To resolve the problem the Bank of England began overstriking captured Spanish 8 reales silver dollars. (Reales were minted in the Spanish Empire with a content of 25.5 grams of fine silver). Produced at the renowned Soho Mint, these dollars were the first silver coins to portray Britannia on the reverse, had a value of 5 shillings, and were all dated 1804 even though they were issued until 1811.

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