This is a most unusual coin for Britain, and is of course now very scarce. Issued in the reign of George III from 1804 to 1811, they were all dated 1804 and re-struck from the captured Spanish American 8 Reales, because of the shortage of silver due to the Napoleonic wars. Sometimes you can see the original coins through the striking. Dated 1804, it had a value of five Shillings. Although issued at five Shillings, it was revalued in 1811, to 5s,6d until being withdrawn in 1817. Struck at the Soho Mint in Handsworth, Birmingham, this coin in good fine grade, and features some of the rarer minor die variations such as no stop after "REX".
Obverse
Re struck Dollar. GRATIA REX and draped bust of George III facing right. Variation: No stop after "REX", Top leaf centre of "E", small "P" to obverse. GEORGIUS III DEI GRATIA REX.
Reverse
Oval with Five shilling dollar, Britannia seated in the centre. 1804 BANK OF ENGLAND.
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