Coinage Act of 1816

This shilling is one of the first shillings produced due to the Coinage Act of 1816, intended to reform the coinage so that it could be mass-produced cost-effectively and in enough quantity to resolve the coin shortage that had plagued Britain for nearly half a century.

The machinery used to steam-mill the coins was provided by Matthew Boulton, of Birmingham, and was installed at the Royal Mint's new premises on Tower Hill, near the Mint's old premises within the Tower of London. These coins were a considerable qualitative improvement over the screw-milled issues of previous years.

The size and dimensions of this of the New Coinage Shilling, introduced in 1816 lasted until 1990, although the metal content changed from sterling silver to 0.500 silver in 1920 and finally to cupro-nickel from 1947. In preparation for decimalisation in 1969, was renamed the 5p coin, which was reduced in size in 1990 to the diminutive 5p coin we know today.

Obverse

The obverse is the laureate head portrait of King George III. It was designed by Benedetto Pistrucci.

Reverse

The reverse was designed by Thomas Wyon and shows the crowned shield with garter edge.

The garter features the motto of the Order of the Garter. It reads:

"Honi Soit Qui Mal Y Pense"

This means "shame on him who thinks evil of it".

Specification

Metal	Silver
Date	1820
Spink Reference	3,790
Obverse Designer	Benedetto Pistrucci
Reverse Designer	Thomas Wyon
Issuing Monarch	George IV (1820-1830)
Mint / Brand	The Royal Mint
Country	United Kingdom

Obverse Grade

Reverse Grade

Price

Availability

£160.00

Out Of Stock

Date

Obverse

Reverse

Price

30 March 2020

£160.00

Terms of Sale - Key Points

You can find more information on payment and identification requirements.

Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.

Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.

All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.

If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.

Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.

View our full Terms & Conditions.

Delivery Information

We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.

Orders over £60 - Fully Insured Delivery.

Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £6.

Orders under £60

Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.

If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.

For international delivery, please check with your local customs office for more information on custom duty and taxes.

Full delivery information can be found by clicking here.

Postal Insurance

We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.

Orders under £1500 there is no additional fee.
Orders over £1500 we charge a fee in order to cover the increasing costs of insurance. For every £1500 we apply a £1 fee.

If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.

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