Great Britain 1804 Bank of England dollar
This specimen is lot 342 in Spink sale 9031 (London, November 2009). The catalog description noted, "George III, Bank of England Dollar, 1804, laureate, draped bust right, leaf points to centre of e, rev. Britannia within crowned band, inverted k incuse, struck on an 8-Reales of Seville, 1799, the date and other details of the host coin clear, metal weakness across centre of obverse, otherwise good very fine." The 1790's and early 1800's saw one of the recurring shortages of coin in England as she engaged in her titanic struggle wih Napoleon. The Bank of England attempted to alleviate this by countermarking Spanish colonial pesos with a punch bearing the head of George III. When this countermark was enthusiastically counterfeited, the bank resorted to counterstamping the entire coin. Most survivors were struck on Mexican or Peruvian pesos; this one is unusual in being struck over an issue of Seville in Spain proper. At the time, the Spanish peso was not worth five shillings but only about four shillings and ninepence. Unlike the famous United States 1804 dollar, this coin is not a major rarity.
Additionally proof specimens are available in both silver and bronzed copper.
Recorded mintage: unknown.
Specification: 27 g, silver, .896 fine.
Catalog reference: KM Tn1, ESC 156; S.3768, Dav-101.
- Bishop, Richard, and William MacKay, Ancient, English and Foreign Coins, and Commemorative Medals, London: Spink, 2009.
- Lobel, Richard, Mark Davidson, Allan Hailstone and Eleni Calligas, Coincraft's Standard Catalogue of English and UK Coins, 1066 to Date, London: Coincraft, 1995.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.