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Heritage World Coin Auctions
NYINC Signature Sale 3051  8-9 January 2017
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Lot 34467

Estimate: 90 000 USD
Price realized: 67 500 USD
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Transylvania
Stephan Bocskai gold 10 Ducat 1605 AU58 NGC, Uncertain mint, KM18, Fr-305, Huszar (Siebenbürgen)-171, Resch-3. A magnificent example of this great rarity, more likely exhibiting its light wear from handling and display rather than circulation, considering the tremendous buying power a piece such as this would have had. The fields bear numerous minuscule marks commensurate with the aforementioned handling and the devices light friction along the highpoints. Few planchet flaws are noted, slightly unusual for a large gold coin of this period, but the die break found on most extant examples of this issue in the center reverse is well-advanced. All-in-all, a superior offering of this type and one which demands the attention of the enthusiasts of Transylvanian gold.
Ex. Lawrence Adams Collection, CNG (Triton XIX, January 2016, Lot 2675)

Although he reigned over Transylvania for a relatively short time, Stephan Bosckai's influence was profound. Just prior to his ascent, the Hapsburgs had begun a violent counter-reformation in Hungary and Transylvania. In league with the Ottoman Empire, he was able to lead an army of Hajdúk to victory in the field bringing the Hapsburg Monarchy to the negotiating table, concluding with the Treaty of Vienna which guaranteed constitutional and religious rights to all citizens of both Transylvania and Hungary. Within six months following, the Hapsburgs also made peace with the Ottoman Empire ending the "Long Turkish War." This piece, minted in the midst of Bocskai's insurrection, is clear in its statement of nationalism, the reverse legend translating to: "It is sweet to die for your country."

Estimate: 90000-110000 USD
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