George III (1760-1820), silver Shilling, 1763, so-called Northumberland type. Young laureate and draped bust right, Latin legend and toothed border surrounding, GEORGIVS. III DEI. GRATIA. rev. crowned cruciform shields, garter star at center, date either side of top crown, Latin legend and toothed border surrounding, M.B.F. ET. H. REX. F.D. B.ET. L. D. S R. I. A. T ET. E. (ESC 1214; Bull 2124; S 3742; KM 597). Toned, in PCGS holder graded AU 50. Estimated Value $1,250
PCGS certification 34313090. The Northumberland Shilling is so called because the Earl of Northumberland as the new Lord Lieutenant of Dublin in 1763 distributed £100 worth of these new coins, some two thousand pieces whilst parading on the streets of Dublin in Ireland. The calendar year of 1763 represented an output of 2,629 pounds in weight of silver for coinage. The coinage of 1763 consisted of maundy denominations and shillings only, and probably means that circa 100,000 shillings plus would have been issued, which is still a very small figure as annual mintages go at this time.