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Davissons Ltd.
Auction 33  30 January 2014
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Lot 226

Estimate: 750 USD
Price realized: 1400 USD
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BRITISH WEST INDIES. George IV. Anchor money. 1822. Set of four denominations: 1/16th dollar (KM 1), Very Fine. 1/8th dollar (KM 2), Very Fine. 1/8th dollar (KM 3) good Very Fine. (.895 silver). Attractive and well matched set. Ex Triton XII 2009 (Lot 933: $900 plus commission). This series was issued in response to British colonies requesting smaller change in places where the Spanish 8 reales was the main currency. Change made with Spanish dollars required cutting an 8 reale piece into "bits." The anchor series, a 16th, an 8th, a quarter and a half corresponded to the Spanish dollar standard but simplified trade. Requested late in the reign of George III, they were issued in 1820 and again in 1822. Subsequent "small change for the colonies" in silver was issued during the reign of William IV and Victoria. Farthing fractions were issued during the reigns of George IV, William IV and Victoria.
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