Watch List notes:

GREAT BRITAIN. Queen Anne's Bounty Silver Medal, 1704. ALMOST UNCIRCULATED.
44 mm; 36.43 gms. Eimer-404; MI-251/43. Queen Anne's bounty. By Croker. Obverse: Laureate and draped bust left; Reverse: Anne seated right on throne, holding scepter and presenting charter to members of the clergy kneeling left. Edge: Plain. Attractively toned, with some underlying luster and a few scattered marks.

Following Henry VIII's transition away from the Catholic church, the Pope's levy of the first-fruits and tenths become payable to the crown rather than the clergy. Upon the insistence of Bishop Burnet, Anne transferred this revenue back, establishing a fund for poorer members of the clergy which later became known as 'Queen Anne's Bounty.'

Estimate: $250.00- $350.00