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Sovereign Rarities Ltd
Auction 8  15 Feb 2023
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Lot 44

Starting price: 480 GBP
Lot unsold
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George I (1714-27), silver Shilling, 1723, South Sea Company issue, error variety with French arms at date, 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 in wrong order, garter star at centre, initials of the South Sea Company in alternating angles, date either side of top crown, Latin legend and toothed border surrounding, BRVN. ET L. DVX S.R.I.A TH ET. EL., edge reeded (Bull 1589 R2; ESC 1177 R2; S.3647). Toned with some flecking, graded by NGC as XF40, very rare.

NGC Certification 6671792-001

The Latin legends translates as on the obverse "George, by the grace of God, King of Great Britain, France and Ireland, Defender of the Faith" and on the reverse "Duke of Brunswick and Luneberg, High Treasurer and Elector of the Holy Roman Empire."

A very small number of the Shillings used this reverse die in error where the shields were engraved in the wrong order in relation to the date and legend, which are displayed in the correct format in relation to the dies axis. This shield error renders the French arms of the fleur de lis at the date position, instead of the usual dimidiated English and Scottish arms. The shields are all then ninety degrees out of rotational sync from their usual positions. A similar error was also recently discovered on the gold Guineas of 1716 and others occurred on some of the silver in the Great Recoinage of William III. They are all very rare and in states of preservation better than circulated or fine condition, extremely rare.
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