Rare early 19th Century shilling from Gainsborough sold for more than double its estimate at auction

A very rare early 19th Century shilling from Gainsborough sold for more than double the pre-sale estimate at an auction in London.

The shilling, bearing the name William Jerrems and dated 1811, fetched a hammer price of £650, after being estimated to fetch between £240 and £300.

On one side, it showed a ship sailing, while on the other a windmill.

During the auction, which took place at Noonans Mayfair in London, the coin was fought over by two windmill enthusiasts, with a collector in the USA being the successful bidder.

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