Today you have the opportunity to own the 18th century’s most interesting coin – the South Sea Shilling.
Here is how a political scandal that led to the arrest of leading politicians and the near collapse of the stock market resulted in the striking of this fascinating coin…
The South Sea Bubble
It is hard to imagine a scandal taking place today where the political leaders of our country are arrested for causing the financial markets to crash. But that is exactly what happened when the ‘South Sea Bubble’ burst.
The ‘South Sea Bubble’ was a scandal where leading politicians were exposed for insider trading with the government backed South Sea Company. This scandal led to the near collapse of the stock market, and after an enquiry more than 500 members of Parliament were found to have been involved and the Chancellor of the Exchequer was imprisoned.
The South Sea Company was only able to survive after luckily stumbling across a horde of silver in Indonesia which it sold to The Royal Mint to be minted into ‘SSC’ Shillings.
The South Sea Company Shilling
These shillings feature distinctive ‘SS’ and ‘C’ notations on the reverse. The shillings struck with this South Sea Company silver are now almost 300 years old and are a relic of a financial and political disaster which shook the whole country.
Historic silver issues are extremely difficult to source, however we have worked hard to acquire a small stock of original South Sea Company Shillings. Today we have just 11 available to collectors.
Our limited stock will not last long. Click ‘add to basket’ to secure yours today with an initial payment of just £34.50 followed by 9 further interest free instalments of only £34.50 (+p&p).
UK 1723 George I South Sea Company Shilling
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- Country of Issue: United Kingdom
- Year of Issue: 1723
- Weight: 5.99g
- Diameter: 26mm
- Metal: Silver supplied by the South Sea Company
- Obverse: First bust of George I
- Reverse: British arms in four crowned shields