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Sovereign Rarities Ltd
Auction 1  25 Sep 2018
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Lot 266

Estimate: 400 GBP
Price realized: 400 GBP
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George I (1714-27), silver Shilling, 1723, South Sea Company issue, C over SS variety, first laureate and draped bust right, Latin legend and toothed border surrounding, GEORGIVS. D. G. M. BR. FR. ET. HIB. REX. F. D., rev. crowned cruciform shields, initials SS and C in alternate angles, the DVX quarter with C over SS, seven strings to Irish harp, garter star at centre, Z type 1 in date either side of top crown, Latin legend and toothed border surrounding, .BRVN ET. L. DVX S.R.I.A:TH ET. EL., weight 5.94g (Bull 1590 R; ESC 1176A R; C&R 724; S.3647). Attractively toned, good extremely fine.

Provenance:
Ex Mark Rasmussen Numismatist, Surrey, List number 22, item 234, bought 27th January 2012.

The South Sea Company famously known for the economically disastrous "South Sea Bubble" of over-speculation which made the Company go bust, had previously supplied much silver bullion to the Mint in exchange for the right to export money overseas. The silver supplied up to 1723 produced a large coinage of Crowns, Halfcrowns, Shillings and Sixpences.

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