From the Shield on an 1851 One Thirteenth of a Shilling |
One Fifty-Second of a Shilling | |
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Year J# KM# Mintage Diameter 1841 57 1 116,480 21.90 1861 58 Proof Only 21.90Things to note:
One Twenty-Sixth of a Shilling
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Year J# KM# Mintage Diameter 1841 34 2 232,960 28.10 1844 35 232,960 28.20 1851 36 173,333 28.25 1858 37 173,333 28.15 1861 38 173,333 28.20Things to note:
The Royal Squadron entering St Aubin's Bay by Philip John Ouless for the Queen's visit to Jersey in 1846 |
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One Thirteenth of a Shilling
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Year J# KM# Mintage Diameter 1841 3 3 116,480 34.15 1844 4 145,600 34.10 1851 5 173,333 34.15 1858 6 173,333 34.10 1861 7 173,333 34.15 1865 8 Proof Only 34.15The mintage figures of these copper coins can be a rather interesting subject for the numismatist. The act of July 13, 1840 allowed the States to order two tons of copper pence, two tons of half pence, and a half ton of farthings for a nominal value of £1000.5 For the 1844 coins, the States ordered two and a half tons of pence and two tons of half pence for a nominal value of £1000. The States paid £583/13/9 of which £198/6/8 was for mint expenses, £367/17/6 was for copper, and £17/9/7 was for packing. The original estimate was £598/6/8.6 For the 1851 coinage, the States ordered a nominal value of £1000. Unlike the earlier issues, the Heaton Mint supplied the blanks for this issue. The States paid £551/13/8.7 The States originally wanted a nominal value of £2,000 coinage for the 1858 issue per a request on December 15, 1857 by Philip de St. Croix, President of the Committee of the States of Jersey for the copper coinage. This was to be divided with two-thirds being the 1/13th of a shilling, and the remaining one-third the 1/26th of a shilling. Because the price of copper rose, on February 16, 1858 the amount was halved and the rest issued in 1861.8 Finally, the 1861 issue cost the States £591/2/11 of which £517/5/3 was for copper blanks purchased for coinage from Ralph Heaton and Sons, £56/13/5 was coinage expenses and dies, and £17/4/3 was for packing.9
Appendix B continued
Appendix B continued
Arrival of Her Majesty at Mount Orgueil by Philip John Ouless
for the Queen's visit to Jersey in 1846
The Obverse of the 1841 One Fifty-Second of a Shilling
The Obverse of the 1861 One Twenty-Sixth of a Shilling
The Reverse of the 1841 One Fifty-Second of a Shilling
The Reverse of the 1861 One Twenty-Sixth of a Shilling
The Obverse of the 1841 One Thirteenth of a Shilling
The Reverse of the 1841 One Thirteenth of a Shilling
A One Pound Banknote Issued by the Jersey Bank in 1843
A States Five Pounds Banknote of 1840
“The coinage and banking operations of Jersey offer some salient points to the curious. At the present, Bank of England notes, English and French gold and silver, and a local copper money form the staple currency. Formerly, French silver and copper, among the former of which the six-livre piece was prominent, were almost the only medium of exchange, and these coins, at the best of times, were very scarce. To supply this deficiency, early in this century the States of Jersey had three- shilling and eighteen-penny pieces, of local value, coined at the Royal Mint, but these were withdrawn in 1834. The insular currency was framed on the old French system—the sol or sou being a halfpenny, twenty sols one livre, and twenty-four livres one Louis d'or. In the Extentes, or Royal Rent Rolls, as well as in private account books of the olden time, reference is made to deniers and liards—one the twenty-fourth, the other the quarter of a sol. In the Guernsey special coinage the latter exists, and is almost as great a curiosity in its way as the new French centime; the former never was a coin, but merely a hair-splitting instrument of computation. Monnoie d'ordre appears in the publication of some fines in the last century. This had the effect of raising the livre fifty per cent., by means of an order in Council, dated 1729, and was iniquitously procured by certain local capitalists to depreciate the value of real property. The term is used in contradistinction to the livre tournois, or cours de France. Before 1841, the numismatist whose ambition did not rise higher than copper would have made hay triumphantly in Jersey, for it seemed that the Island was the universal refuge for all the “browns” of the universe. Imported wholesale, as a profitable speculation, by the native sailors from every country in the world, the Jersey people were so cosmopolitan in their ideas of what constituted a penny or a halfpenny, that flat discs of metal, innocent of die, passed freely in the ruck of this motley circulation. However, in the year mentioned, the Crown waived its prerogative, and permitted the States to issue its own pence, halfpence, and farthings. These, in accordance with the local system of calculation, were struck at the rate of thirteen pence to the English shilling, being a premium of 8 1/3 per cent, in favour of the latter. With the additional advantage of the Jersey pound avoirdupois, being 17 ½ ounces, money went far, but although the latter still remains as a boon to the buyer, almost all articles of necessity and luxury are bought and sold at English rates, or at so much “British!” as the Jersey Rothschildren say.
From money itself, one naturally passes on to the trading in it, so we come smoothly to the topic of banks. These are not of any old standing here, for before the age of steam, local financial transactions were of a very primitive and “penny-farthing” character. Today there are a half dozen respectable ones in St. Helier, corresponding with English and foreign houses, and apparently doing well. Besides these, there are other more nondescript banks, the functions of which seem limited to the issue of one-pound notes, and which, on any inquiries made touching payment, are found to have no “local habitation,” only “a name.” It speaks well for the honesty or simplicity of “the dwellers within this isle,” that no gigantic abuse has ever grown out of the dangerous facility that exists for issuing these notes. We say gigantic, because many a humble rogue, with more brains than means, has “gone in and won” at this exciting game. Still no one has reaped, and we hope never will, the harvest a Paul, a Strachan, a Redpath, or a Durdin would have sickled, with such advantages before them where to choose. Before 1813, the tag-rag and bob-tail, anybody and everybody, issued paper money—coin being very scarce—for paltry sums descending even to a shilling! Then, and not before it was wanted, a law fixed the minimum of these “kites” at one pound, Jersey or British, according to taste. Since this, parish officers, merchants, directors of dissenting chapels, tradesmen, and adventurers, have disseminated their autographs at this price, usque ad nauseam. As no prohibitory law on the subject exists, any one who can afford to get a plate engraved can issue notes, provided he can procure a clientele among which to pass them, and can thus combine banking, trading, and, defacto, unlimited bill-drawing, which would, in the opinion of many, render Jersey a real Commercial Utopia.”
This medal commemorates the 1846 visit of Queen Victoria and Prince Albert.