1 Penny - George III

Issuer The Bahamas
Year 1806
Type Non-circulating coin
Value 1 Penny (1⁄240)
Currency Pound (Before 1966)
Composition Gold plated copper
Weight 10.00 g
Diameter 28.00 mm
Thickness 2.00 mm
Shape Round
Technique Milled
Orientation
Engraver(s) Conrad Heinrich Küchler
In circulation to 1825
Reference(s) KM#1a
Obverse description Bust of the King George III to right above date.
Obverse script Latin
Obverse lettering GEORGIUS III·D:G·REX. 1806
Reverse description Full rigged ship sailing right, motto in exergue.
Reverse script Latin
Reverse lettering BAHAMA EXPULSIS PIRATIS RESTITUTA COMMERCIA
(Translation: Pirates defeated, commerce restored)
Edge Engrailed
Mint
Mintage 1806 - Proof -
1806 - Restrike -
Numisquare ID 5583689610
Additional information

Historical Context: The 1806 Bahamas 1 Penny, issued under King George III, marks a significant era for British colonial currency. George III's reign (1760-1820) saw imperial expansion and the Napoleonic Wars, highlighting the Bahamas' strategic importance. This coin, notably in gold-plated copper (KM#1a), represents a deliberate local effort to establish distinct colonial coinage, asserting British economic and political authority beyond reliance on diverse foreign specie.

Artistry: The coin's design adheres to the Neoclassical style prevalent in early 19th-century British numismatics, reflecting Royal Mint influence. The obverse typically presents a laureate bust of King George III, facing right, embodying regal authority. The reverse design commonly features the denomination and colonial name, often surmounted by a crown, clearly asserting British sovereignty over the Bahamian islands through traditional heraldry and legible inscription.

Technical/Grading: This 1 Penny is unique for its gold-plated copper composition (KM#1a), suggesting a special issue. When grading, the integrity and coverage of the original gold plating are critical, as wear or environmental factors compromise its aesthetic and value. Key high-points for wear on the obverse include George III's highest hair curls and eyebrow. On the reverse, the crown's details and lettering clarity are crucial indicators of strike quality and overall preservation.

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