Great Britain 1894 silver penny
This silver penny was struck during the reign of Victoria, queen of Britain 1837-1901. The type was struck 1893-1901 for the Maundy sets. Altho some silver pennies seem to have been struck for circulation during the reign of George III (d. 1820), by Victoria's time the denomination was obsolete, superseded by the familiar bronze penny with Britannia ruling the waves on the reverse. It was only a relic of the coin which once dominated medieval commerce. As most Maundy sets were carefully preserved by their recipients, Maundy coins are today much more available than the low mintage would indicate.
Recorded mintage: 18,000 struck for Maundy sets.
Specification: 0.47 g, .925 fine silver, .014 troy oz ASW.
Catalog reference: KM 775.
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