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1 Mil - Victoria Trial Strike

Issuer Royal Mint
Year 1862
Type Coin pattern
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Obverse script Latin
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Mintage 1862: ND (1862)
Additional information

Trial strikes of this denomination were produced as the Royal Mint evaluated a proposed decimal coinage for Britain in the early 1860s — a reform that ultimately failed to gain parliamentary support and would not materialize for another century. The mil, equal to one-tenth of a cent or one-thousandth of a pound, was the smallest unit in the proposed system.

Pn57 survives in very limited numbers, essentially a bureaucratic artifact of a decimalization debate that went nowhere.

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