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FM20303

William III 1697 Shilling, first bust MS66

William III (1694-1702), silver Shilling, 1697, first laureate and draped bust right, legend and toothed border surrounding, GVLIELMVS. III.DEI.GRA., rev. crowned cruciform shields, five string Irish harp, Lion of Nassau at centre, date either side of top crown, .MAG BR.FRA ET.HIB REX. (Bull 1104; ESC 1078; S.3497).Toned with some flecking, has been slabbed and graded by NGC as MS66.

NGC certification 6032091-002 but has been labelled as "3rd Bust" when it is clearly a first bust type.

The coin therefore currently shows on the census incorrectly as the finest 3rd bust example, but actually as a first bust piece this coin is the second finest graded as one coin lists a step higher on the scale. NGC have graded a total of 31 first bust and 15 third bust. For comparison PCGS have graded 25 first bust coins none as fine as this piece.

The Latin legends translate as on the obverse "William III by the Grace of God," and abbreviated on the reverse as "King of Great Britain, France and Ireland."

The great recoinage period of 1696-98 when all the older hammered silver coins were called in to be melted and minted as fresh new milled coins of King William III has spawned a great many varieties for collectors over the years. The fact that six mints were in operation within the period with coins from London without provenance mark, Chester with a C, Bristol with a B, Exeter with an E, Norwich with a N and York with a Y made the coinage ripe for the discovery of errors.

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