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JM34808

George I 1720 silver Penny, with HIPEX reading on reverse NGC MS62

Regular price £250
Regular price Sale price £250

George I (1714-27),silver Penny, 1720, HIPEX reverse legend arrangement, laureate and draped bust right, legend surrounds, GEORGIVS. DEI. GRA.,rev.crowned mark of value, date either side of crown, legend reads MAG. BR. FR. ET. HIPEX., weight 0.51g (Bull.1641; ESC.2326; Robinson p.157:172(i); S.3657). Toned, obverse die rusty, has been slabbed and graded by NGC as MS62, rare.

NGC Certification 8220387-019 - currently the second finest graded though three are graded one step higher.

The Latin legends translates on obverse as "George I by the Grace of God," and on reverse as "King of Great Britain, France and Ireland."

We note the other two letter Rs on the reverse have weak or broken right lower extremities, the R in question has a ghostly impression of it, demonstrating that the R punch was likely damaged in preparing the die.

The 1720 Penny is the only small silver coin of this date there being no maundy set available.

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