Sovereign Rarities

Auction 5  –  15 March 2022

Sovereign Rarities, Auction 5

Ancient, Historic and Modern British and World Coins & Commemorative Medals

Tu, 15.03.2022, from 12:00 PM CET
The auction is closed.

Description

AU58 | George I (1714-27), gold Two Guineas, 1726, laureate head right, legend and toothed border surrounding, GEORGIVS. D.G. M.B.FE. ET. HIB. REX. F.D., rev. crowned cruciform shields, incorporating the Arms of Hanover, sceptres in angles, garter star at centre, date either side of top crown, BRVN ET. L. DVX S.R.I.A.TH ET. EL., edge, diagonally grained, 16.78g (Schneider 543; MCE 244; S.3627). Only the lightest rub to highpoints, an otherwise exemplary representative of this increasingly popular Double Guinea denomination, graded by NGC as AU58.

NGC Certification 6319469-002

1726 is the final year for the gold Two Guineas of George I, and the calendar year output of gold was £872,963 which was the fourth highest of the reign. Sir Isaac Newton was still Master Worker at this time but died the year after this coin was produced. Newton was the first to officially call the gold coinage the "guinea" in a report made in the Mint papers of 1717. The gold coins had been called Guineas colloquially since the time that gold dust and metal began to be imported from the African country of Guinea, during the reign of Charles II.

Estimate: £8,000 - £12,000

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Bidding

Price realized 10'500 GBP
Starting price 6'400 GBP
The auction is closed.
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