Lot 1549
England, 1797 "Cartwheel" 2p of George III. The "Cartwheel" coins were struck in coin alignment at Matthew Boulton's mint in Soho, Birmingham using coining presses developed by Boulton and James Watt. The concept behind the broad, raised rim was to protect the coin from undue wear. The incuse legends were supposedly to make life difficult for forgers. The size of the coins was a (successful) attempt to restore confidence to the coinage in that the intrinsic value of the metal plus an allowance for the cost of production was equal to the nominal value of the coin. The cartwheel penny weighed one ounce avoirdupois and the twopence, two ounces. Extremely Fine.Estimate $75 - 100.
Realized: $125