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If you refer to a British coin, and depending on the age of the coin and where the characters are located on the coin, it could have one of two purposes.

It may refer to the regnal year of the monarch, most likely on a silver Crown coin. XII being the twelfth year of the reign of King Bob III or Queen Susie VI for example and may appear on the edge of the coin.

Alternatively, on very much older coins, it may refer to the face value of the coin and appear on either the obverse of the reverse of the coin. XII will most likely refer to 12 Pence, making the coin a One Shilling coin. In this case, the characters are likely to be much larger than other characters on the same side of the coin.

Since no British Monarch has numbered higher than VIII yet, on a non-British coin it might refer to which monarch for a common name, for example the French King Louis XII.

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