Catalog
| Issuer | Bermuda |
|---|---|
| Year | 1793 |
| Type | Non-circulating coin |
| Value | 1 Penny (1⁄240) |
| Currency | Pound sterling (1158-1970) |
| Composition | Bronze plated copper |
| Weight | |
| Diameter | 31 mm |
| Thickness | |
| Shape | Round |
| Technique | Milled |
| Orientation | |
| Engraver(s) | |
| In circulation to | |
| Reference(s) | KM#5a |
| Obverse description | King George III bust facing right. |
|---|---|
| Obverse script | Latin |
| Obverse lettering | GEORGIVS III · D · G · REX · |
| Reverse description | Sailing ship with land on the right horizon and Bermuda across the top. |
| Reverse script | Latin |
| Reverse lettering | BERMUDA 1793 |
| Edge | |
| Mint | |
| Mintage |
1793 - Proof - 50 |
| Numisquare ID | 8888847620 |
| Additional information |
Historical Context: Issued in 1793, this George III 1 Penny for Bermuda addressed a critical currency shortage in the colony during a pivotal era for the British Empire. Following the American Revolution, George III's reign focused on consolidating remaining territories. Bermuda, a strategic naval base, urgently required small denomination coinage to facilitate daily commerce. This issue served as a crucial economic intervention, providing essential currency while reinforcing British sovereignty.
Artistry: The coin's design exemplifies the British Neoclassical style prevalent in the late 18th century, likely from skilled London die-sinkers. The obverse presents a laureate bust of King George III, a standard regal portrait conveying imperial authority. The reverse features a sailing ship, a potent symbol of Bermuda's vital maritime heritage and strategic importance as a naval and trading hub, effectively blending imperial and local identity.
Technical/Grading: Struck as bronze plated copper, this 31mm penny demands close inspection of its plating integrity, as wear often manifests as loss of the bronze layer. Key high-points for grading include the hair and laurel wreath on George III’s bust, and on the reverse, the ship's intricate rigging, hull, and wave patterns. Collectors should assess strike evenness, which can vary, and look for inherent flan flaws or plating inconsistencies affecting the overall surface quality.