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Ireland Elizabeth I 1561 Fine Silver Issue Groat Coin

Ireland Elizabeth I 1561 Fine Silver Issue Groat Coin
Asking price: €650
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Dogo
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Balbriggan, Dublin
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Ireland Elizabeth I 1561 Fine Silver Issue Groat Coin

Description

Ireland, Elizabeth I 1561 Groat, Second Coinage, Fine Silver, Coin.

Second "fine" silver coinage of 1561. S-6506. Only 72,000 groats in total were struck for the second issue. When you consider the survival rate of hammered coinage (losses to the soil, handing in for exchange when they became out of date due to changes in monarchs, the forced withdrawal of all hammered coinage started in 1696, etc), that figure soon dwindles to a very small amount. Coincraft simply state: "This issue is rare in any grade." A very rare denomination. PCGS F-15.

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