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1⁄24 Real - James II Plantation Coinage

Features

Issuer England (United Kingdom)
King James II (1685-1688)
Type Standard circulation coins
Year 1688
Value 1⁄24 Real
Currency Pound sterling (1158-1970)
Composition Tin (.975)
Shape Round
Technique Milled
Issued August 1688
Number
N#
476725
References PCGS# 49-53
PCGS CoinFacts (https://www.pcgs.com/coinfacts)

Obverse

The obverse of the coin depicts King James II on horseback. Surrounding legend

Script: Latin

Lettering: IACOBVS·II·DG·MAG·BRI·FRAN·ET·HIB·REX

Unabridged legend: Iacobus II Dei Gratia Magnae Britanniae, Franciae et Hiberniae Rex

Translation: James II by the grace of God King of Great Britain, France and Ireland

Engraver: John (Jan) Roettiers

Reverse

The reverse depicts the four crowned shields of England, Scotland, France, and Ireland. The shields are linked with chains and surrounded by legend.

Script: Latin

Lettering: VAL·24·PART·REAL·HISPAN

Unabridged legend: Valetur 24 pars Reali Hispaniensis

Translation: Valued to a 24th part of a Spanish real

Engraver: John (Jan) Roettiers

Comments

Nearly one hundred years before the War for Independence with Great Britain, the British crown authorized coinage to be struck for use in the British colonies in America. Produced during the reign of King James II, these coins (or tokens) were struck off nearly pure tin in England. A Royal Grant was made to Richard Holt in 1688 to strike these coins for the Crown.

 

Holt received this grant because he represented a number of owners of tin mines, and he petitioned the King for the right to produce these tokens to be used in the British colonies in America. These American Plantation tokens were comprised of 97.5% tin and 2.5% brass. Upon receiving royal approval, Holt hired an engraver named John Rottier to create the design and cut the dies.

 

The coins were denominated as 1/24th Real meaning that they were valued at 24 coins equaling one Spanish Real.

See also

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Date VG F VF XF AU UNC
ND (1688)  Original
ND (1688)  Sideways 4 in "24"
ND (1688)  Arms transposed
ND (1688)  Restrike of 1828
ND (1688)  ET.HB.REX. (pictured)

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