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Long Beach Signature Sale 3042  17-18 Sep 2015
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Lot 30130

Estimate: 30 000 USD
Price realized: 38 000 USD
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Jamaica
British Colony - Jamaica Authority of November 1758 gold Doubloon (5 Pounds) XF45 NGC, KM11.2 ("unique", this date unlisted), Prid-1, Gordon-1 (this date not recorded). Host coin XF and pleasantly toned, countermarks XF, thus quite exceptional for the type. A Mexico 8 Escudos 1741 Mo-MF centrally counterstamped on both sides with a floriate "GR" in a circular indent (same punches as those used to stamp the silver 4 Reales). As mentioned in our description of lot 24636 in our NYINC 2015 Signature Sale, nine or ten specimens of the 1758 Jamaica counterstamped doubloons were previously known, including a unique Mexico 1742 8 Escudos, the sole example from that mint that had been recorded up to now. Said 1742-dated piece – the plate coin in the SCWC for KM11.2 - is in lower condition than the present coin and was sold in 1970 for the then hefty amount of GBP2,300 (Glendining's 6/1970, lot 867, plated on the frontispiece and described as "Very Fine and believed to be unique").The currently offered and handsomely preserved specimen can thus be safely described as the finest example of the Jamaica doubloon over a Mexico host coin. A more important discovery piece for the challenging and highly sought after series of West Indies counterstamped and regulated gold series is hard to imagine! Immensely desirable and a coin that should elicit spirited bidding competition.

Estimate: 30000-40000 USD
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