Victoria - 3 Piastres 1901 - Cyprus

Country:  Cyprus, Great Britain Rules
Queen: Victoria (1879-1901)
Type: Standard circulation coin
Mintage: 300,000
Years: 1901
Value: 3 Piastres (0.60)
Currency: Pound (1879-1955)
Composition: Silver (.925)
Weight: 1.8 g.
Diameter: 18 mm
Thickness: 0.7 mm
Grade: VG10
Shape: Round
Orientation: Medal alignment ↑↑
Demonetized: Yes
References: KM# 4

Obverse:
Crowned and veiled bust to left. DeS (=De Saulles) in relief below and in a circle inscription: VICTORIA•DEI•GRA•BRITT•REG•FID•DEF•IND•IMP•

Lettering:
VICTORIA•DEI•GRA•BRITT•REG•FID•DEF•IND•IMP•
DeS.

Engraver: George William de Saulles

Reverse:
Crown above a large figure 3 which divides the date 1901, all within a circle of beads, with CYPRUS above and PIASTRES below.

Lettering:
CYPRUS
1901
3 PIASTRES

Edge:
Reeded.

Mint:
Royal Mint (Tower Hill), London, United Kingdom (1810-1975).

Comments:
NOTE: The British sovereign was declared 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 issue of these. 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.

3 Piastres was the local valuation of the Imperial 4 pence or groat coin.

Riferimento : KM# 4

Fonte : https://www.ngccoin.com/price-guide/worl...

Collezione : Victoria - Queen Empress (1837-1901) of Great Britain & British India