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COIN CLUB
1660 - Charles II restored to the throne
1662 Broad or 20 Shillings Previously listed as a pattern but now thought that this issue
was issued for use as currency. Except that very few are known in used condition.
It is recorded that approximately 3,400 20 shilling or Broad gold coins were made
between March and April of 1662 by Thomas Simon.
It is also recorded that all of the 8 known dies were created from the same puncheons.
3 or more of the dies display cracks and are present on coins during their initial striking.
This example has a couple of short die cracks (3 & 4 mm.) on the obverse at 12 o'clock
and on the reverse also a couple of short die cracks (4 & 5 mm.)
The coin is struck: ↑↓ Weight: 8 .6 grams
It is reported that mechanical failure and striking of these coins stopped production.
Failure was blamed on the design and the strength used for pressing.
The reverse design is similar to that as ordered by Richard Cromwell in 1656 with the
main difference being in the quartered shield - of the Arms of the Protectorate and the
wording in the legend on his coin.
Oliver Cromwell died 3 September 1658, aged 59 due to complications to Malaria
and a kidney stone disease. His son, Richard, succeeded him and became the
Lord Protector. Richard was unsuited to the task and in May 1859 was deposed by
the Army officers who had marched at his father's funeral. Led by Charles Fleetwood.
These Pattern Broad or 20 shillings coins generally turn up in choice condition
but as this example shows some were used in currency circulation. It is possibly
scarcer to find one in this grade than in virtually unused grade !
Date: The 2nd 6 is double struck - 6 over 6.
Grade: Obverse: Fine or +. Reverse: VF. Very Scarce
Price: SOLD - Left as Reference
An example sold in the Baldwin's auction 18th November 2022
List as "Die crack at 4 o'clock Graded: MS62 and slabbed by PCGS
Sold: Hammer price £13,000.00 + buyer's premium & Vat £3,120.00
Total: £16,120.00
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