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1 Penny - George III
| Issuer | Soho Mint (for the Bahamas) |
|---|---|
| Year | 1806-1807 |
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| Thickness | 2.00 mm |
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| Obverse description | Laureate and draped bust of King George III facing right, rendered in high relief in the neoclassical style characteristic of Küchler's work at the Soho Mint. The king's hair is bound with a laurel wreath, and the truncation of the bust is visible at the lower field. The circular Latin legend reads GEORGIUS III·D:G·REX, distributed around the upper and lateral periphery, while the date 1806 appears in the lower exergual area. The whole is bounded by a raised beaded border. |
|---|---|
| Obverse script | Latin |
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| Additional information |
These pennies were struck at Matthew Boulton's Soho Mint in Birmingham — the same facility that had revolutionized British coinage with its steam-powered presses in the 1790s. The Bahamas issue was a private contract, the colonial government having no mint of its own and London's Royal Mint showing little urgency in supplying the islands with adequate small change.
Copper colonials from Soho contracts generally survive in better condition than their metropolitan counterparts; lower circulation volumes in small island economies account for much of that. The KM#1 designation reflects that this was the colony's first formally struck regal coinage — prior to it, Spanish and cut coinage had filled the gap.