DENMARK. Piaster, 1624. Copenhagen Mint; Privy Mark: Clover. Christian IV. NGC AU Details--Cleaned.
KM-117; Dav-3520; Hede-66; Sieg-90; Schou-27; Bruun-5372. Weight: 26.98 gms. Mintmaster: Nicolaus Schwabe. A mild wiping doesn't deter from the fact that this very detailed example is one of the best of the few privately owned. This highly interesting and coveted Piaster (Piastre, Peso) was struck at the request and expense of The Danish East Indian Company as a trade coin and is often referred to as the first Danish colonial coin. The religious reverse legend, BENEDICTIO DOMINI DIVITES FACIT ("Put your trust in God and you will be rewarded") refers to the discovery of silver in the mountains of Norway.
From the L. E. Bruun Collection. Ex: Countship of Brahesminde Collection (Private Sale - 1922). Ex: Peter v. Hemmert Collection (Copenhagen - 2/1807) Lot # 518.

Estimate: $60000