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Ira and Larry Goldberg Auctioneers
Auction 96  14-15 February 2017
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Lot 2926

Starting price: 3000 USD
Price realized: 2600 USD
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Great Britain. Crown, 1687. S.3407; ESC-78; Dav-3779. James II. Obverse, laureate draped bust of king left. IACOBVS II DEI GRATIA. Reverse; Crowned cruciform shields. Edge DECVS ET TVTAMEN ANNO REGNI TERTIO in raised letters. A superb uncirculated coin with sharp detail, well centred on a good flan/planchet with excellent surfaces. Lots of original mint luster and a light golden peripheral tone. Very difficult to locate in top grades now. Hence a current Spink catalogue price of £5500 (around $7000) in Extremely Fine (unpriced in Uncirculated). NGC graded MS-62. WINGS. Estimate Value $3,000 - 3,500
* James II's reign was brief and his coins are relatively scarce. During his three year tenure Crown pieces were minted in 1686, 1687 and 1688.
James lacked the charisma of his brother Charles II and he lost control of his citizens when the loyalist Tories turned against him over his many Catholic appointments. Parliament invited his Protestant daughter Mary and her husband William of Orange to become joint monarchs. James abdicated, fled, and died in exile in France. His arrogance and viciousness cost him his crown, but surprisingly not his life. Continued support for him and his son amongst the Scots would result in two Jacobite rebellions over the next fifty years, and his descendants would remain pretenders to the Scottish and English thrones until 1807.
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