When George III came to the throne in 1760 the price of silver had risen dramatically and it was considered necessary to produce this quarter guinea to fill the gap between the low-denomination silver coins and the larger gold coins. The 1762 quarter guinea was created as a coin of roughly the same value as the silver crown but minted in 22 carat gold. However, due to its small size and weight it was impractical and unpopular, only being produced in this one year before being discontinued.
Despite its small size, the design follows that of the larger guineas and it reflects the skill of the Royal Mint that a small coin could be produced with this level of detail, with a laurel head of the king on the obverse and a crowned shield on the reverse.
Weighs approx 2 grams, diameter 1.5cm.
Please look carefully at the photos for a visual assessment of condition! The coin has clearly been bent and straightened in the past, which has resulted in some wear and this is reflected in the starting price.
Will be sent by tracked postage, included in the purchase price.