Description: Extended information Year 1901 Denomination 18 Piastres (2 Shillings) Currency Piastre (Shilling) Metal 1/3 Oz 0.925 Silver Krause catalog KM# 7 Ruler Victoria Weight 11.31 g. Diameter 29.8 mm. Thickness 1.8 mm. Alignment Medal ↑↑ Shape Round Edge Reeded Summary 18 Piastres, Issued by, Cyprus, 1901 Minted by Royal Mint, London Obverse Description Crowned bust of Victoria left; around, VICTORIA DEI GRA BRITT REG FID DEF IND IMP Reverse Description Shield of arms below crown which rests on a scroll inscribed, CYPRUS; the date 1901 divided by the shield; below, outside partial circle of beads, EIGHTEEN PIASTRES Edge Description Milled Significance The British sovereign was declaired the sole legal tender for unlimited amount by an Order in Council; dated 17 September 1900. British Imperial silver coins had been in use on the island since 1882 with the British shilling as 9 piastres. In 1900 it was decided that piastre denominated silver coins would be struck and this was the first isue of thses. Under the new system silver coins were legal tender to 540 piastres and bronze to 27 piastres. The Deputy Master of the Royal Mint pointed out that, although there would be a loss of profit in not sending Imperial silver coins to Cyprus, from that time the duty of replacing worn silver would be shifted to the Cypriot government. 18 piastres was the local valuation of the Imperial 2 shilling coin
Price: 100 USD
Location: Nicosia
End Time: 2024-11-07T12:10:58.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Circulated/Uncirculated: Circulated
Denomination: victoria
Composition: Silver
Year: 1901
Color: silver
Fineness: 0.925
Grade: Ungraded
Country/Region of Manufacture: Cyprus
Certification: Uncertified
