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Estimated Value
Based on recent market data
$37.22
Name or Denominations
4 Pence (1⁄60)
Issuer
United Kingdom
Ruler
Victoria ( 1837-1901 )
Year of Minting
1837-1862
Currency
Pound sterling ( 1158-1971 )
Shape
Round
Rarity
Common
Weight
1.89 g
Diameter
16 mm
Thickness
NA
Material
Silver (.925)
Shape
Round
Edge Type
Reeded (plain edge varieties exist)
Technique
Milled
Front design
Young uncrowned bust of Queen Victoria left, hair in bun, legend around
Back design
Seated figure of Britannia right, trident in left hand, shield with Union flag in right, denomination around, date in exergue.
Year of Minting
1837-1862
Queen
Victoria ( 1837-1901 )
Mint location
NA
Mint mark
NA
Orientation
Medal alignment ↑↑
Inscriptions
Obverse: VICTORIA D:G: BRITANNIAR: REGINA F:D: Reverse: FOUR PENCE 1848
Context
The standard weight of this coin was 2/33 troy ounce or 29.1 grains. This piece was produced for circulation in both Great Britain and British Guiana, where it was equivalent to 1/4 guilder. The first modern fourpenny piece was struck in 1836 on the suggestion of Joseph Hume MP, saying that the piece would be useful for paying taxi drivers as the standard charge for a taxi at the the time was four pence, but riders often paid with a sixpence and let the driver keep two pence as a tip. Due to taxi drivers missing out on their tips, the coin immediately became unpopular and was seldom used. By 1862, the piece had become completely redundant and production was stopped (though more were issued in the colonies as late as 1888). KM#731.1 (1838-62) Milled edge, circulation and proof; KM#731.2 (1838-53) Plain edge, proof only.
Rarity
Common
Coin type
Standard circulation
In circulation
No
Demonetized
Yes
Marketplace listings
0
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