Double florin: Difference between revisions

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put footnote for "4/-"; noted Dei Gratia as "...By the grace of God"; converted g/mm/inches; changed unprovable "never spent" to "not likely spent",...
A crown was most certainly not worth 15 shillings at any time. In the entire pre-decimal era it was 5 shillings.
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The coin was introduced as part of a short-lived attempt at decimalization of the currency, after an earlier attempt had spawned the [[Two shillings (British coin)|florin]]. Since it is equivalent to 20 new pence, the coin was not demonetized as part of the [[Decimal Day|1971 decimalization]]. The coins are not likely spent, though, as the silver content of each coin is worth far more than 20 pence.
The coin was introduced as part of a short-lived attempt at decimalization of the currency, after an earlier attempt had spawned the [[Two shillings (British coin)|florin]]. Since it is equivalent to 20 new pence, the coin was not demonetized as part of the [[Decimal Day|1971 decimalization]]. The coins are not likely spent, though, as the silver content of each coin is worth far more than 20 pence.


The coin acquired the nickname of "Barmaid's Grief" due to its similarity to the slightly larger [[Crown (British coin)|crown coin]] (worth 15 shillings, almost 4x times more), as neither coin was marked with its denomination.<ref>{{cite web |accessdate=April 4, 2010 |url=http://hansard.millbanksystems.com/commons/1966/mar/01/economic-situation |title=Economic Situation 01 March 1966 vol 725|publisher=Hansard}}</ref>
The coin acquired the nickname of "Barmaid's Grief" due to its similarity to the slightly larger [[Crown (British coin)|crown coin]] (worth 5 shillings, 25% more than the double florin), as neither coin was marked with its denomination.<ref>{{cite web |accessdate=April 4, 2010 |url=http://hansard.millbanksystems.com/commons/1966/mar/01/economic-situation |title=Economic Situation 01 March 1966 vol 725|publisher=Hansard}}</ref>


Some coins minted in 1887 (the first year) had a Roman 'I' instead of an Arabic '1' in the date. This went unnoticed for a time until corrected, allowing the balance of the mint run to be produced with the correct date. These two variations are worth approximately the same, making the series more interesting for collectors.<ref>Spinks Coins of England & the United Kingdom, 2007</ref>
Some coins minted in 1887 (the first year) had a Roman 'I' instead of an Arabic '1' in the date. This went unnoticed for a time until corrected, allowing the balance of the mint run to be produced with the correct date. These two variations are worth approximately the same, making the series more interesting for collectors.<ref>Spinks Coins of England & the United Kingdom, 2007</ref>

Revision as of 07:15, 19 January 2011

File:Victoria Coin.jpg
Double florin of 1887

The Double Florin (4/-)[1] was one of the shortest-lived British coin denominations ever, only being produced during 4 mint years, between 1887 and 1890. The silver coin weighed 22.6 grams (0.80 oz) and was 36 millimetres (1.4 in) in diameter.

The obverse side of the coin shows a portrait of Queen Victoria wearing a veil, with the inscription "VICTORIA - DEI GRATIA"  (Victoria - By the grace of God), while the reverse side shows four cruciform-crowned shields bearing the emblems of England (x2), Scotland, and Ireland, with sceptres between the shields, in the style of Charles II's gold coins designed by John Roettiers; the inscription on the reverse reads, "FID DEF BRITT REG date".

The coin was introduced as part of a short-lived attempt at decimalization of the currency, after an earlier attempt had spawned the florin. Since it is equivalent to 20 new pence, the coin was not demonetized as part of the 1971 decimalization. The coins are not likely spent, though, as the silver content of each coin is worth far more than 20 pence.

The coin acquired the nickname of "Barmaid's Grief" due to its similarity to the slightly larger crown coin (worth 5 shillings, 25% more than the double florin), as neither coin was marked with its denomination.[2]

Some coins minted in 1887 (the first year) had a Roman 'I' instead of an Arabic '1' in the date. This went unnoticed for a time until corrected, allowing the balance of the mint run to be produced with the correct date. These two variations are worth approximately the same, making the series more interesting for collectors.[3]

See also

References

  1. ^ The notation "4/-" indicates 4 shillings and no pence.
  2. ^ "Economic Situation 01 March 1966 vol 725". Hansard. Retrieved April 4, 2010.
  3. ^ Spinks Coins of England & the United Kingdom, 2007

External links