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JM34800

William III 1702 silver Fourpence, only coin of this date for reign NGC AU53

William III (1694-1702), silver Fourpence, 1702, with italic 1 in date, laureate bust right, reads GVLIELMVS. III. DEI. GRA, rev, crowned mark of value, legend surrounds MAG. BR. FRA. ET. HIB. REX. weight 2.00g (Bull.1314; ESC.1885; Robinson p.153:132; S.3549). Toned, light haymarking on reverse, has been slabbed and graded by NGC as AU53. The only coin within the reign of William III dated 1702.

NGC Certification 8220387-011 - currently the second finest graded at NGC and one more slightly finer at PCGS.

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

As Dr Robinson points out in "Silver Pennies and Linen Towels" this coin being the only denomination of William III to be struck dated 1702 was issued after William's death as he died on the 8th March 1702 modern dating, which was still 1701 in the older style calendar of that time with the new year commencing on 25th March. In fact there was a delivery of silver to the Mint of 114 pounds and 6 ounces on what would have been new years day of 1702 on the 25th March. This would have been made up of these fourpences at a face value of £354 and 19 shillings. This would give a mintage to these coins of 21,297 pieces.

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