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IRELAND: James II, 1685-1691, AE 12 pence (shilling), Dublin Mint, 1689, December, NGC AU55

Currency:USD Category:Coins & Paper Money / World Coins - Europe Start Price:90.00 USD Estimated At:100.00 - 200.00 USD
IRELAND: James II, 1685-1691, AE 12 pence (shilling), Dublin Mint, 1689, December, NGC AU55
SOLD
350.00USD+ (70.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2024 Jan 20 @ 14:24UTC-8 : PST/AKDT
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IRELAND: James II, 1685-1691, AE 12 pence (shilling), Dublin Mint, 1689, December, KM-94, S-6581L, "Gun money" type, Large Coinage series, month written as '10r', NGC graded AU55, ex Salvatore J. Falcone Collection. "Gun money" coins were made by the forces of James II during the Williamite War in Ireland between 1689 and 1691. They were minted in base metal (copper, brass or pewter), and were designed to be redeemed for silver coins following a victory by James II and consequently bore the date in months to allow a gradual replacement. As James lost the war, that replacement never took place, although the coins were allowed to circulate at much reduced values before the copper coinage was resumed. They were mostly withdrawn from circulation in the early 18th century. The name "gun money" stems from the idea that they were minted from melted down guns. However, many other brass objects, such as church bells, were also used.