Great Britain 1797 Penny (Cartwheel Penny) UNC

Great Britain 1797 Penny (Cartwheel Penny) UNC

Regular Price $1,250.00
-
+
InStock SOLD OUT

Superb rims, Lustrous Uncirculated.

Affectionately known as 'Cartwheels' because of their large size and weight the 1oz copper penny coin is significant in being the first coin (along with the 2 oz copper twopence) to be produced using James Watt and Matthew Boulton's steam powered coining press in Soho Birmingham. The coins contained exactly one ounce (avoirdupois) of copper making them ideal as substitutes for weights in measuring produce a task for which they were intentionally designed. Their size was a deliberate (and at the time successful) attempt to restore confidence in British coinage by producing coins which had an intrinsic value close to their nominal value after making an allowance for the costs of manufacture.

The coin was given a value of 2 pence by Governor King throughout the infant colony of New South Wales in his proclamation of 1800. This was the basis for other English copper coins to circulate in the colony at twice their minted value. Other copper denominations were the large 2d coin valued at 4d the halfpenny valued at 1d and the farthing valued at ½d.

The broad raised rim was designed to protect the coin from excessive wear while the incuse legends would (supposedly) make forgery difficult.

Refund policy

Shipping

We will endeavour to deliver orders as quickly as possible but, please allow 3-4 weeks for delivery within Australia and 4-6 weeks overseas.

We require full payment with order, plus all shipping/postage charges before we dispatch any goods.

All shipping/postage (including insurance) costs are subject to change without notice.

Shipping charges for Australia is a flat fee of $8.50, except heavy items such as coin rolls, books, accessories and large quantities of coins and banknotes which will be charged at current Australia Post charges. We will advise you of these costs before shipping.

Overseas shipping charges as follows; orders up to 1kg;

  • South Pacific Zone 1 - $25.00
  • Asia Zone 2 - $28.00
  • Taiwan - $95.00
  • North & South America Zone 3 - $30.00
  • Europe Zone 4 - $35.00

Orders over 1 kilogram, please contact us for shipping and insurance charges.

All coins, banknotes and tokens are completely guaranteed for title and authenticity. We do offer refunds on all items, less all postage and insurance costs, if returned in original (undamaged) condition within 28 days of receipt, subject to conditions. We will replace any damaged item (if available) when returned to us in original packaging as supplied.
top
Added To Cart :
Add To Cart Failed :
prouduct successfully added to wishlist !