This 1718 gold Quarter Guinea from the reign of George I (1714-27) is a remarkable numismatic specimen. The obverse features a laureate head of George I facing right, surrounded by the Latin legend "GEORGIVS. D.G. M.B.FE. ET. HIB. REX. F.D.", which translates to "George by the Grace of God, King of Great Britain, France and Ireland, Defender of the Faith".
The reverse displays crowned cruciform shields incorporating the Arms of Hanover, with sceptres in the angles and a garter star at the centre. The date 1718 is split on either side of the top crown, accompanied by the legend "BRVN ET. L. DVX S.R.I.A.TH ET. EL.", meaning "Duke of Brunswick and Luneberg, High Treasurer and Elector of the Holy Roman Empire".
This Quarter Guinea weighs 2.1 grams and is struck in 22 carat gold (0.9167 fineness). With a diameter of 16mm, it was considered inconveniently small at the time of its minting.
The coin's edge is diagonally grained, a security feature to prevent clipping. This particular specimen has been graded by NGC as MS62, indicating a high state of preservation with minimal wear and strong original lustre.
What makes this Quarter Guinea especially noteworthy is its rarity. It was minted for only one year in 1718, with a limited calendar year mintage of just 37,380 pieces. The Quarter Guinea was introduced by Sir Isaac Newton, then Master of the Mint, as a solution to a silver coin shortage caused by rising global silver prices.
Despite its unpopularity due to its small size, the Quarter Guinea served its economic purpose and played a role in supporting the expansion of the British Empire. Today, it represents a fascinating intersection of British history, economic policy, and numismatic artistry, making it a highly sought-after piece for collectors.
NGC Certification 6135320-003
Specification
Specification | Value |
---|---|
Denomination | Guinea |
Alloy | 22 Carat Gold |
Weight | 2.10 g |
Diameter | 16.00mm |
Reverse Designer | Johann Ochs |
Specification | Value |
---|---|
Obverse Designer | John Croker |
Quality | Circulating |
Year | 1718 |
Pure Metal Type | Gold |