Gold Quarter Ounce 2017 Empire - George III, Coin from Saint Helena - detailed information

Gold Quarter Ounce 2017 Empire - George III, Coin from Saint Helena
CoinGold Quarter Ounce 2017 Empire - George III

Saint Helena is a small island in the South Atlantic Ocean which is part of the British overseas territory of Saint Helena, Ascension and Tristan da Cunha. The currency of the island is the Saint Helena pound, fixed at parity with the pound sterling. The island has authorised some private mints to issue coins under its jurisdiction, which come in a variety of sizes - including in the popular gold quarter ounce (1/4 oz gold) format, usually denominated as £2.

This coin (denominated as £1 and slightly heavier than a quarter ounce) is part of The 2017 Empire Collection gold proof set issued by The East India Company, which features nine English monarchs, and is dedicated to King George III of the United Kingdom (1738 - 1820).

George III (George William Frederick) was King of Great Britain and Ireland from 25 October 1760 until the union of the two countries on 1 January 1801, after which he was King of the United Kingdom of Great Britain and Ireland until his death. He was concurrently Duke and prince-elector of Brunswick-Lüneburg ("Hanover") in the Holy Roman Empire until his promotion to King of Hanover on 12 October 1814. He was the third British monarch of the House of Hanover, but unlike his two predecessors he was born in Britain, spoke English as his first language, and never visited Hanover.

His life and reign, which were longer than any other British monarch before him, were marked by a series of military conflicts involving his kingdoms, much of the rest of Europe, and places farther afield in Africa, the Americas and Asia. Early in his reign, Great Britain defeated France in the Seven Years' War, becoming the dominant European power in North America and India. However, many of Britain's American colonies were soon lost in the American Revolutionary War. Further wars against revolutionary and Napoleonic France from 1793 concluded in the defeat of Napoleon at the Battle of Waterloo in 1815.

In the later part of his life, George III had recurrent, and eventually permanent, mental illness. Although it has since been suggested that he had the blood disease porphyria, the cause of his illness remains unknown. After a final relapse in 1810, a regency was established, and George III's eldest son, George, Prince of Wales, ruled as Prince Regent. On George III's death, the Prince Regent succeeded his father as George IV.

The Mint says about the set:
“Whosoever commands the sea, commands the trade, whosoever commands the trade of the world, commands the riches of the world and consequently the world itself.”
– Sir Walter Raleigh

From its very first voyage in January 1601, until it was dissolved and absorbed into the British Crown in 1874, The East India Company laid the foundation of the British Empire in the East. Over time "The Company" rose to account for half of the world’s trade including cotton, silk, indigo dye, salt, saltpetre, tea and bullion. It had its own army and navy, its stocks were central to London’s financial markets and at one point it ruled over 400 million people. Learn the story of the world’s most famous Company through its coins. The 2019 Empire Collection is a series of nine silver proof coins which tell the story of a band of merchants who created an Empire through the monopoly, privilege and power bestowed on them by the Monarchs that ruled.

Under George III, the first of the East India Company Regulating Acts was passed.By the beginning of the 1800’s expensive wars and administration had strained the company’s finances, forcing it to turn to the crown for financial assistance. Parliament and the crown established substantial control over the East India Company. Company land was formally recognised as being under the control of the crown. The governor general of Bengal, Warren Hastings, was awarded administrative powers over all of British India. The Charter Act of 1813 revoked the company’s precious monopoly, except for tea and trade with China.

The portrait of King George III on the coin is taken from the 1797 “cartwheel” penny. In the background, the coat of arms of the company and the spade guinea motif represent the struggle between the company and crown over control of the East India Company.

MintEast India Company (modern) Mint MarkEIC Total Mintage500
Obverse
Saint Helena / Gold Quarter Ounce 2017 Empire - George III - obverse photo

The obverse of the coin shows the crowned bust of Queen Elizabeth II, facing right (her effigy known as the "Third Portrait"). The Queen is wearing the royal diadem which she wears on her way to and from the State Opening of Parliament, a pearl necklace and earrings.

Incuse in tiny letters on the neck truncation, the designer's initials RDM (for Raphael David Maklouf).

Around, the monarch's legend and the date of issue: ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·.

Obverse Inscription ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Reverse
Saint Helena / Gold Quarter Ounce 2017 Empire - George III - reverse photo

Within a beaded border, the reverse of the coin shows the laureate bust of King George III of the United Kingdom, facing right. Above right, the Coat of Arms of the United East India Company. Below right, the Coat of Arms of the United Kingdom as current between 1714 and 1800.

In the rim below, the EIC mint mark of the East India Company; the letters are separated by arrows radiating from the centre around which they are situated.

Around the rim, the inscription GEORGE III - FROM COMPANY TO CROWN. The rim is wide and the inscription is incuse, as on the iconic 1797 cartwheel penny coin.

Reverse Inscription GEORGE III - FROM COMPANY TO CROWN
EdgeMilledEdge InscriptionNone
Notes

Finish: proof.
Available in a nine coin set only.

Issued in Set
The 2017 Empire Collection - Monarchs - Gold Proof Set, mintage 500
9 coins: 1/4 oz Gold, Queen Elizabeth I, 1/4 oz Gold, King James I, 1/4 oz Gold, King Charles II, 1/4 oz Gold, King William III, 1/4 oz Gold, Queen Anne, 1/4 oz Gold, King George II, 1/4 oz Gold, King George III, 1/4 oz Gold, King William IV, 1/4 oz Gold, Queen Victoria
See also

A silver one ounce coin with the same design was issued in 2019.

All (15) coins of type: Gold Quarter Ounce (1/4 oz)
Coin NameMintageEffigyLegend
Gold Quarter Ounce 2017 Empire - Queen Elizabeth I 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - James I 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - Charles II 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - William III 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - Queen Anne 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - George II 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - George III 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - William IV 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - Queen Victoria 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2018 Rose Crown Guinea unknown Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · 2018 · £25 · THE EAST INDIA COMPANY ·
Gold Quarter Ounce 2020 Una and the Lion 499 Queen Elizabeth II - Uncouped Portrait by Jody Clark ELIZABETH II · D · G · REGINA · F · D · ST. HELENA · 2 POUNDS ·
Gold Quarter Ounce 2020 Rose Crown Guinea unknown Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · 2020 · £25 · THE EAST INDIA COMPANY ·
Gold Quarter Ounce 2021 Una and the Lion 499 Queen Elizabeth II - Uncouped Portrait by Jody Clark ELIZABETH II · D · G · REGINA · F · D · ST. HELENA · 2 POUNDS ·
Gold Quarter Ounce 2021 Napoleon 200th Anniversary 500 Queen Elizabeth II - Uncouped Portrait by Jody Clark ST. HELENA · 2021 ELIZABETH II · FIVE POUNDS ·
Gold Quarter Ounce 2022 Una and the Lion 499 Queen Elizabeth II - Uncouped Portrait by Jody Clark ELIZABETH II · D · G · REGINA · F · D · ST. HELENA · 2 POUNDS ·
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Gold Quarter Ounce 2017 Empire - George III: Details
CountrySaint Helena
CurrencySaint Helena Pound
Coin TypeGold Quarter Ounce (1/4 oz)
Issued2017
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Third Portrait, by Raphael Maklouf
Face Value1 (x Pound)
Total Mintage500
CurrentYes
Material0.9999 Gold
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size25.000 mm
Mass8.000 g
OCC IDNXYD-ENZC-QBBM-EVRB
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Gold Quarter Ounce 2017 Empire - George III: Photos
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Coin, Saint Helena, Gold Quarter Ounce 2017 Empire - George III
Copyright: The East India Company
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Coin, Saint Helena, Gold Quarter Ounce 2017 Empire - George III
Copyright: Chards
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