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1689 Gun Money Half Crown

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Archraz's Avatar
United States
3499 Posts
 Posted 05/17/2016  4:08 pm Show Profile   Bookmark this topic Add Archraz to your friends list Get a Link to this Message Number of Subscribers
I just got this rather interesting Gun Money half crown, which I think is dated July(?) 1689. While I'm quite aware of the history of these coins being produced from melted down guns and church bells, and their function as essential IOUs for the deposed James II's soldiers in Ireland, I am not familiar with how scarce these are. Given that July 1689 appears to be the beginning of the mintage of this type of coin, is it particularly rare? Also, what type of value would you assign to my coin? Thanks!


1689-Gun-Money-Half-Crown

1689-Gun-Money-Half-Crown
Edited by Archraz
05/17/2016 4:44 pm
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sel_69l's Avatar
Australia
21788 Posts
 Posted 05/17/2016  6:06 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Beware of fakes with these, but even the genuine ones can have this sort of surface texture.
Even with this sort of warning, I would take the risk that this one is genuine.
They are more common and easier to obtain that I originally thought, but nevertheless, they are an interesting and essential part of coinage history. For this reason, they are desirable to have in any collection, in any condition.

Without looking at auction records, I think that this piece would have a value of about $15 to $20 in this condition.

Edited by sel_69l
05/17/2016 6:15 pm
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Archraz's Avatar
United States
3499 Posts
 Posted 05/17/2016  6:58 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
sel_69l- Yeah, I was a bit skeptical at first glance. But the weight is good, and the edge is nicely milled with no signs of casting. So I also think that it's real. I must admit that I thought that they were a bit scarcer since I've literally never seen one in a shop in the US before (And I've been collecting British/ British colonial coins for 17 years now). I paid $22 for it. And I'm happy nonetheless.
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United Kingdom
1351 Posts
 Posted 05/17/2016  7:57 pm  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
I've recently bought...
https://www.amazon.com/s/?ie=UTF8&k...oins+ireland

There is a nice little write up on Gun money.
In VG 45 Euro's F 100 Euro's I would suggrest yours is slightly lesser than VG
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Sap's Avatar
Australia
16849 Posts
 Posted 05/17/2016  9:15 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Because these coins were issued by a king who was effectively in exile in Ireland at the time, the coins were made in Dublin and whatever circulation the coins may have seen was limited to Ireland, they are not listed in the mainstream "English/British" catalogues, but rather in the Irish catalogues. Even though they bear English designs and were intended to be substitutionary tokens for "proer" English coins. Hence, if you want to look up the coins in Spink or Krause, it's the Irish book/section you need to look up.

As for value differences, Krause lists the different months but does not list much difference in value, not in this grade anyhow. Rather, they list higher values for some of the rarer varieties, like the ones that say some variant of "8ber" instead of "Oct". Nevertheless, it is the "scarcest month", apart from March 1690, which was of course a "month" that was only nine days long.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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