Great Brit 18 Pence (Bank Token) 1812 AU 58 ANACS Draped Bust
Nearly mint. Well struck.Pleasing surfaces. Lightly toned. Between 1811-1816 the Bank of England issued its own tokens to the value of three shillings (36 pence) and for one shilling and sixpence (18 pence). These were of silver and weighed 15 grams and 7.5 grams respectively. The denominations were chosen so as not to conflict with crown prerogatives. The shortfall in silver coins brought about the minting of large numbers of silver provincial tokens from 1810 onwards, until outlawed in 1815.