Thanks very much and I agree on all counts you mention (with the possible exception of mints recycling worn out coins - don't think they do that).
However, I'm still left with explaining the appearance of this coin.
I searched the forum for "waffle coins" and found the following old thread:
http://goccf.com/t/349705&SearchTerms=waffle,coins
Second page images include a Spanish type matching my example, as well as other equally old coins. Although there are a variety of methods for marking the coins, the Spanish coins are waffled in the exact same way as mine.
It appears to have been a practice for some time, although there's some suggestion the reasons for cancelling the coin are as likely to be political as practical.
Just read that Queen Isabella, depicted on the coin, was deposed in the "Glorious Revolution" of 1868, so it seems likely this was done to cancel any coinage featuring her likeness.
Thanks
However, I'm still left with explaining the appearance of this coin.
I searched the forum for "waffle coins" and found the following old thread:
http://goccf.com/t/349705&SearchTerms=waffle,coins
Second page images include a Spanish type matching my example, as well as other equally old coins. Although there are a variety of methods for marking the coins, the Spanish coins are waffled in the exact same way as mine.
It appears to have been a practice for some time, although there's some suggestion the reasons for cancelling the coin are as likely to be political as practical.
Just read that Queen Isabella, depicted on the coin, was deposed in the "Glorious Revolution" of 1868, so it seems likely this was done to cancel any coinage featuring her likeness.
Thanks
Edited by HGK3
02/24/2021 2:57 pm
02/24/2021 2:57 pm