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GREAT BRITAIN: William IV, 1830-1837, AR 4 pence, 1837, PCGS MS62

Currency:USD Category:Coins & Paper Money / World Coins - Europe (A-G) Start Price:80.00 USD Estimated At:100.00 - 150.00 USD
GREAT BRITAIN: William IV, 1830-1837, AR 4 pence, 1837, PCGS MS62
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GREAT BRITAIN: William IV, 1830-1837, AR 4 pence, 1837, KM-723, S-3837, an attractive mint state example, PCGS graded MS62, ex Joe Sedillot Collection. Towards the end of William IV's reign, fourpence (groat) coins were reintroduced to general circulation. There are some reports stating that they were initially struck for use in British Guiana where they were equivalent to 1/4 guilder and others suggest that the groat returned to domestic circulation in 1836 but in either case they were the only silver coin to bear the figure of Britannia on the reverse.According to various sources, the fourpence or groat was given the nickname 'Joey' after Joseph Hume, MP for Weymouth, Dorset, who successfully campaigned for the reintroduction of the groat in 1836. It is said that the average handsome cab fare in London at the time was fourpence and if the passenger tendered a sixpence, the cabbies would often either keep the twopence as a gratuity or give 16 half farthings in return.