Heritage World Coin Auctions
NYINC Signature Sale 3061 7-8 Jan 2018
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Scotland
James V gold Ducat or "Bonnet Piece" 1539 VF Details (Edge Damage & Filing) NGC, Edinburgh mint, im: saltire cross, S-5373, Fr-25, Burns-2 (fig. 752), SCBI 35, 901-3. Third coinage. Obv. IACOBVS • 5 • DEI • G • R • SCOTORV •1•5•3•9, mantled bust right, wearing bonnet; small pellet to left. Rev. + HONOR • REGIS • IVDICIVM • DILIGIT, crowned coat-of-arms set upon cross fleurée. The earliest Scottish coins to bear a date were the series of ducats or 'bonnet pieces' and their fractions. The first Scottish coin (and of the British Isles in general) to bear a date, this 1539-dated issue is a true rarity, much more so than its 1540 counterpart--which itself is very rare. Though exhibiting some damage to its edges, this particular specimen nevertheless remains a splendid example of the type. Moderate yet even wear is observed, and the strike is well centered and charming. The first of this date which we have offered, and only the second version of this date to have crossed the auction block in recent memory--the other being the LaRiviere piece in 2006, considered an 'about very fine' and hammering down at £7,500 (roughly $13,000 at the time). A stunning issue, and one which no doubt will elicit a premium bid for its exceptional rarity.
Ex. Douglas Collection (Spink 119, 3/1997), lot 279
From the Penn Collection
HID02901242017
Estimate: 10000-15000 USD
James V gold Ducat or "Bonnet Piece" 1539 VF Details (Edge Damage & Filing) NGC, Edinburgh mint, im: saltire cross, S-5373, Fr-25, Burns-2 (fig. 752), SCBI 35, 901-3. Third coinage. Obv. IACOBVS • 5 • DEI • G • R • SCOTORV •1•5•3•9, mantled bust right, wearing bonnet; small pellet to left. Rev. + HONOR • REGIS • IVDICIVM • DILIGIT, crowned coat-of-arms set upon cross fleurée. The earliest Scottish coins to bear a date were the series of ducats or 'bonnet pieces' and their fractions. The first Scottish coin (and of the British Isles in general) to bear a date, this 1539-dated issue is a true rarity, much more so than its 1540 counterpart--which itself is very rare. Though exhibiting some damage to its edges, this particular specimen nevertheless remains a splendid example of the type. Moderate yet even wear is observed, and the strike is well centered and charming. The first of this date which we have offered, and only the second version of this date to have crossed the auction block in recent memory--the other being the LaRiviere piece in 2006, considered an 'about very fine' and hammering down at £7,500 (roughly $13,000 at the time). A stunning issue, and one which no doubt will elicit a premium bid for its exceptional rarity.
Ex. Douglas Collection (Spink 119, 3/1997), lot 279
From the Penn Collection
HID02901242017
Estimate: 10000-15000 USD