

Silver Penny of King William III, minted by the Royal Mint in London in 1698. Diameter 12mm and weighs 0.39g.
There are a few error variants on the 1698 penny, with IRA for FRA error, and HI.BREX error. The errors do not affect the price.
From 1696 a great re-coinage had begun to replace the badly worn and clipped hammered coins in circulation with milled coinage. The pennies produced were in silver and had the same design as the Maundy coins. Copper halfpennies and copper farthings were minted, but no copper pennies.
The Obverse shows the laureate bust of King William III facing right. Legend is "GVLIELMVS III DEI GRA".
The edge is plain.

Image credit: Museums Victoria
Mintage: Not known
Minted at The Royal Mint
SCBC: 3552
More information (monarch, year, mint, country, category) can be found below coin listings.
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Remember 1698 ?
Monarch is King William III. Although there is no Prime Minister, a general election results in victory for the New Country Tories. The Palace of Whitehall in London is destroyed by fire. Engineer Thomas Savery patents a steam pump.
William III (1694-1702)

William III was King of England, Ireland and Scotland from 1689 until his death in 1702, co-reigning with his wife, Queen Mary II (m. 1677–1694, her death). He was also know as King Billy.
The regnal years for William III coins were:
1699:UNDECIMO; 1700:DVODECIMO; 1701:DECIMO TERTIO.
On coins, William is usually spelled as latin: Gulielmus III.
Category: Penny
The Penny is one of the most famous British coins. The coin itself has been around since 600AD and at various times has been struck in silver, copper and bronze. Originally split into halfpennies and farthing, it is now itself the least denomination coin currently in circulation. Made from copper (actually copper plated steel). Originally there were 12 pennies in one shilling and 240 pennies in £1; since decimalisation in 1971 there are 100 new pence in one pound.
Composition: Early pennies were Silver, then Copper, Bronze and Copper coated steel.
Collection: Maundy Money
Maundy Money are coins traditionally given out by the Monarch as a gift to the poor at Royal Maundy. The ceremony, which is associated with Christianity, is held on Maundy Thursday which is the day before Good Friday. The Maundy set consists of four coins, denominated one penny, two pence, three pence and four pence. The number of sets given out to each man and woman is equivalent to the age of the Monarch in years.
Which Mint: The Royal Mint
The Royal Mint is the designated place for the UK to mint coins. It dates back well over 1000 years and is a Government-owned company. Formed in the reign of Alfred the Great about the year 886, during the period 1279-1812 it was generally referred to as The Tower Mint as it was housed at the Tower of London. The Master of The Royal Mint has included famous figures such as Sir Isaac Newton.
Since 2010 it has operated as Royal Mint Ltd, a company owned by HM Treasury, under an exclusive contract to supply all coinage for the UK although it also produces medals and coins for other countries. It is currently located at Llantrisant, Wales.
Country of Origin: United Kingdom
The United Kingdom (UK) is the Union of England, Scotland, Wales and Northern Ireland. It is often refered to as Great Britain (GBR). It has a long, rich history. The orignal coinage was Pounds, Shillings and Pence but since decimalisation on 15 February 1971, it is £1 = 100p, that is One Pound = 100 pence. The coinage of the UK is also a long history, the Royal Mint being established as long ago as 886AD when coins were hammered. Today there is perhaps 30 billion coins in circulation, and many (numismatic) collectors coins and sets are issued frequently in gold, silver and other metals.