1762 George III Quarter Guinea
Manufacturer: Royal Mint
Weight (grams): 2.1
Pure gold content (grams): 1.90674
Fineness: 22 Carat
Dimensions: 15.43
Grade: Good Fine
Stock: Notify me when back in stock
Quarter guineas had only been struck previously in 1718 when the price of silver had risen dramatically meaning that most silver crowns had been melted down. The quarter guinea was created as a coin of roughly the same value as the silver crown but minted in gold. However due to its small size and weight it was impractical as a means of payment and its unpopularity meant it was discontinued that same year.
When George III came to the throne in 1760 the price of silver had again risen dramatically and despite the previous unpopularity of the quarter guinea it was considered necessary to produce to fill the gap between the low-denomination silver coins and the larger gold coins. The 1762 1/4 guinea was made to the same size and weight specifications as before and unfortunately it met the same fate as its predecessor, only being produced in this one year before being discontinued.
Despite its small size the coin design follows the larger guineas and it is a testament to the skill of the Royal Mint of the time that a coin could be produced with this level of detail.
Obverse
Laurel Head
Reverse
Crowned Shield
You will receive the actual coin pictured. For a more detailed view please hover your cursor over the image.
Whilst we do our best to accurately describe and grade our coins we recommend you study the product images to be confident the coin you will receive meets your requirements.
| QTY | Net Per Unit |
VAT Per Unit |
Gross Per Unit |
|---|---|---|---|
| 1+ | £282.40 | £0.00 | £282.40 |
Quarter guineas had only been struck previously in 1718 when the price of silver had risen dramatically meaning that most silver crowns had been melted down. The quarter guinea was created as a coin of roughly the same value as the silver crown but minted in gold. However due to its small size and weight it was impractical as a means of payment and its unpopularity meant it was discontinued that same year.
When George III came to the throne in 1760 the price of silver had again risen dramatically and despite the previous unpopularity of the quarter guinea it was considered necessary to produce to fill the gap between the low-denomination silver coins and the larger gold coins. The 1762 1/4 guinea was made to the same size and weight specifications as before and unfortunately it met the same fate as its predecessor, only being produced in this one year before being discontinued.
Despite its small size the coin design follows the larger guineas and it is a testament to the skill of the Royal Mint of the time that a coin could be produced with this level of detail.
Obverse
Laurel Head
Reverse
Crowned Shield
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