Great Britain 1716 penny

Goldberg sale 98, lot 2926

This specimen was lot 2926 in Goldberg sale 98 (Los Angeles, June 2017), where it did not sell. The catalog description^[1] noted, "Great Britain. Silver Penny, 1716. George I. Laureate and draped bust right. NGC graded AU-58. WINGS." While this type of 1716-27 is not rare, it may surprise many beginning collectors that all pennies struck before 1797 were silver, a holdover from the middle ages when the penny was the sole coin in circulation. High grade examples, taken from Maundy sets, appear from time to time.

Recorded mintage: unknown.

Specification: 0.50 g, 0.925 fine silver, .015 troy oz ASW.

Catalog reference: KM 544, S.3657.

Source:

• Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
• ^[1]Goldberg, Ira, Larry Goldberg, John Lavender, Yifu Che, Jason Villareal and Stephen Harvey, Goldberg Sale 98: the Pre-Long Beach Auction, Los Angeles: Goldberg Coins and Collectibles, 2017.

Link to:

• 1716 crown
• 1716 guinea
• 1716 5 guineas
• 1717 ½ penny
• 1726 silver penny
• Coins and currency dated 1716
• return to coins of Great Britain