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Heritage World Coin Auctions
ANA Signature Sale 3056  3 Aug 2017
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Lot 30436

Estimate: 60 000 USD
Price realized: 55 000 USD
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Poland
Livonian Order. Gotthard Kettler gold Double Gulden (2-3/8 Ducat) ND (1559-1561) MS62 NGC, Riga mint, Christofer and Thomas Ramm as mintmasters, Fr-7, Haljak-373. GOTHARD * D * G * | MAGIS * LIVONIÆ •, the Duke's armored half-bust right, a sword in his right hand and his left resting upon a skull / MARIÆ * FILI | SERVA * NOS, quartered arms surmounted by two crested helmets with Christ upon the cross in the background. An excessively rare issue attributed to the Ramm team of father and son working out of the mint in Riga, beautifully preserved with bright remaining luster and boldly struck details. Mild doubling is noted in the obverse legends along with evidence of later-state dies being used, but these are extremely minor details on a coin manufactured as these were and few post-strike imperfections are readily apparent. Being the second example of this type we have sold in the past two years, we invite bidders to view the archived description of the previous example we sold of a different die style: Heritage Auction 3046, April 2016, Lot 30606, an XF45 NGC sold for $64,625 including buyer's premium. This is the first example of this die style to be sold at public auction since the advent of electronic auction records, according to our research.

Gotthard Kettler was the last Master of the Livonian Order and, following their defeat by Russian forces under Ivan the Terrible at the Battle of Ergeme in 1560, oversaw their secularization and the creation of the Duchy of Courland and Semigallia under the protection of Sigismund II August of Poland. Courland was located in the southern portion of the Livonian Order's former lands and Gotthard ruled it as the first duke until his death in 1587.

HID02901242017

Estimate: 60000-80000 USD
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