(1766) Silver Medal Betts-516, William Pitt

Coin Details

Auction Record

$3,360 MS64 08-24-2023 Stack's Bowers

Description

Betts-516 in silver is another variety of the William Pitt medal from 1766, featuring a distinct die design from Betts-515. The multiple silver Pitt medal varieties reflect both the commercial demand for these commemoratives and the participation of multiple die sinkers in producing them. William Pitt the Elder's defense of colonial rights in Parliament resonated powerfully in America, where colonists felt vindicated by having such a prominent British champion. Pitt argued that Parliament had no right to tax the colonies without their representation, a position that aligned perfectly with colonial grievances. The silver composition of Betts-516 marks it as a premium piece, produced in smaller numbers than bronze versions and intended for collectors or presentation purposes. The artistic differences between Betts-515 and Betts-516 reflect different engravers' interpretations of Pitt's features, creating variety that delights modern collectors.

Rarity Notes

Silver Pitt medal, Betts-516 design. Premium composition. Scarce variety within the Pitt series.

Cross References

Betts-516; PCGS #615042