Before Decimal Day in 1971, sterling used the Carolingian monetary system, under which the largest unit was a pound divided into 20 shillings, each of 12 pence.
The three-pence (3d) coin first appeared in England during the fine silver coinage of King Edward VI (1547–53), when it formed part of a set of new denominations.
Although it was an easy denomination to work with in the context of the old sterling coinage system, being a quarter of a shilling, initially it was not popular with the public who preferred the groat (four pence).
The obverse shows a front-facing bust of the king, with a rose to the left and the value numeral III to the right, surrounded by the legend EDWARD VI D G ANG FRA Z HIB REX.
They feature a left-facing crowned bust of the king with plumes in front of his face and the numeral III behind him, with the legend CAROLUS DG MA B FR ET H REX (or a combination of M(A) B F(R) ET H(I)(B) depending on the engraver), with the reverse showing the royal arms on a large oval shield with plumes above the shield, and the legend CHRISTO AUSPICE REGNO – I reign under the auspices of Christ.
Milled coins were produced at the York mint between 1638 and 1649, which look similar to the Aberystwyth product but without the plumes – the obverse features a left-facing crowned bust of the king with the numeral III behind him, with the legend CAROLUS D G MAG BR FR ET HI REX, with the reverse showing the royal arms on a shield over a cross, with EBOR over the shield and the legend CHRISTO AUSPICE REGNO.
In 1644 the Aberystwyth obverse was used to produce a coin with the reverse showing the Declaration of Oxford: REL PRO LEG AN LIB PA 1644 – The religion of the Protestants, the laws of England, the liberty of Parliament 1644, while around the outside of the coin is the legend EXURGAT DEUS DISSIPENTUR INIMICI – Let God arise and His enemies be scattered.
There is the undated issue which looks very like the earlier hammered coinage, with a crowned left-facing bust of the king with the denomination indicated by III behind his head, and the inscription CAROLVS II D G M B F & H REX, with the reverse showing a shield encircling the arms of England, Scotland, Ireland and France with the legend CHRISTO AUSPICE REGNO.
This was followed by the dated issue, issued each year from 1670 to 1684, where the obverse features a right-facing uncrowned bust of the king and the inscription CAROLVS II DEI GRATIA, with the reverse showing three crowned interlinked "C"s (indicating the value) and the inscription MAG BR FRA ET HIB REX date.
All milled silver threepences were 17 millimetres in diameter and weighed 1.5 grams – dimensions which were unchanged until near the end of the reign of George III.
A similar threepence was produced for King James II, dated 1685 to 1688, the obverse showing a left-facing bust of the king and the inscription IACOBVS II DEI GRATIA, with the reverse showing three crowned "I"s (indicating the value) and the inscription MAG BR FRA ET HIB REX date.
For the joint reign of King William III and Queen Mary II, threepences were produced in all years from 1689 to 1694.
From 1817 the dimensions of the coin were reduced to a weight of 1.4 grams (defined as 1⁄22 troy ounce[2]) and diameter of 16 millimetres, following the Great Recoinage of 1816.
Threepences were struck in all years from 1822 to 1830, though the king's head is smaller on the 1822 issue, apparently because the correct punch broke and the one from the twopence was used instead.
The obverse inscription reads GEORGIUS IIII D G BRITANNIAR REX F D, while the reverse shows a new-style crowned "3" and date, all within a wreath.
The obverse inscription reads GULIELMUS IIII D G BRITANNIAR REX F D, while the reverse shows the new-style crowned "3" and date, all within a wreath.
The reverse design remained the same, while the obverse showed the right-facing effigy of the king, with the inscription EDWARDVS VII D G BRITT OMN REX F D IND IMP.
The silver threepence had another completely new reverse – three interlinked rings of Saint Edmund, with the inscription FID DEF IND IMP 1937 THREE PENCE, while the obverse shows a left-facing effigy of the king with the inscription EDWARDVS VIII D G BR OMN REX and a very small silver engravement.
The reign of Edward VIII saw the planned introduction of a new, larger, nickel-brass (79% copper, 20% zinc, 1% nickel) twelve-sided brass threepence coin.
The obverse shows a left-facing effigy of the king with the inscription GEORGIVS VI D G BR OMN REX, while the reverse has an elegant design of a shield of St George lying on a Tudor rose, dividing the date, with the inscription FID DEF IND IMP THREE PENCE.
Apart from the king's head and name, and the weight being increased to 6.8 grams (0.24 oz), the coin was identical to that prepared for Edward VIII.
[8][9] In October 2019, it was announced that 120,000 silver threepences dated to 1935 and earlier were to be sold to the general public, as part of a move to encourage people to pick up coin collecting and numismatics.
[10] The London Mint Office oversaw the sale of the coins, which all date from George V's reign and were valued at a total of approximately £1m, although a more realistic valuation would be in the region of £60,000.