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- Product ID: 36516
The Great Britain 1 Shilling coin from 1898, cataloged as KM#780, represents a captivating piece of numismatic history from the late Victorian era. This period was marked by significant social, economic, and political changes in Britain, making the 1 Shilling coin not just a medium of exchange but also a reflection of the times. The 1898 1 Shilling coin provides insight into the economic conditions of the late 19th century, a time when the British Empire was at its zenith and undergoing substantial industrial growth.
The late 1800s were characterized by the British Empire’s expansion, which had established itself as a global powerhouse. The Industrial Revolution had transformed the economy, leading to increased production, urbanization, and the rise of a consumer society. The Shilling, a coin that had been in circulation for centuries, was integral to the day-to-day transactions of the population, from purchasing basic necessities to engaging in trade. The 1 Shilling coin from this era is significant as it illustrates the monetary system that facilitated commerce and daily life in Britain.
The obverse of the 1898 1 Shilling features a detailed portrait of Queen Victoria, who ruled from 1837 to 1901. The portrait shows her facing left, adorned in a royal crown and wearing a veil, representing her status as the reigning monarch. Surrounding her image are the inscriptions “VICTORIA DEI GRA: BRITT: REGINA FID: DEF,” which translates to “Victoria, by the Grace of God, Queen of Britain, Defender of the Faith.” This inscription underscores her authority and reinforces the connection between the monarchy and the state during a time when the British Empire was extensive and powerful.
The reverse side of the coin showcases a classic design featuring a shield adorned with the symbols of the four nations of the United Kingdom: England, Scotland, Ireland, and Wales. The design is encircled by the inscription “ONE SHILLING” and the year “1898.” The shield symbolizes the unity of the United Kingdom and reflects the pride associated with being part of the British Empire during this era. The detailed engraving of the shield and its associated symbols conveys a sense of national identity and heritage, making this coin a significant emblem of its time.
Minted from 92.5% silver, the 1898 1 Shilling coin has a weight of approximately 5.65 grams and a diameter of 23.03 mm. The silver content ensures that the coin was durable and able to withstand the rigors of daily transactions, while also providing a degree of intrinsic value. The use of silver for currency was common during this period, and the metal's luster contributed to the coin's appeal as a medium of exchange.
The 1898 1 Shilling coin had a relatively high mintage, with estimates indicating that approximately 7 million pieces were produced. This production volume reflects the demand for circulating currency during a time of economic growth. While this mintage means that the coin is not particularly rare, its historical significance and intricate design details contribute to its desirability among collectors. The 1 Shilling from this year serves as a tangible link to a pivotal moment in British history.
In terms of condition, the 1898 1 Shilling coin graded as Very Fine (VF) exhibits moderate wear consistent with its age and circulation. Coins in this grade typically display clear details, although some high points may show flattening. The overall design remains recognizable, showcasing the craftsmanship of the engravers of the time. While the coin may exhibit some scratches or marks from handling, these characteristics add to its historical narrative rather than detract from its beauty.
The Great Britain 1 Shilling 1898 KM#780 is more than just a piece of currency; it is a significant historical artifact that captures the essence of a bygone era. Its design, mintage, and condition contribute to its importance as a collectible item. Collectors and historians appreciate this coin for its representation of British heritage, its connection to the monarchy, and its role in the economic life of a nation that was defining its place in the world during the late 19th century. This coin serves as a reminder of the enduring legacy of British history and the monetary systems that facilitated everyday life.