Heritage World Coin Auctions
ANA Signature Sale 3066 17 Aug 2018
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Great Britain
George II gold 5 Guineas 1746-LIMA AU55 NGC, KM586.1, S-3665. Decimo Nono edge. A premium 'hallmarked' English coin, and perhaps one of the best-known types. The hefty weight of gold used to produce this 5 Guineas of George II was part of the £500,000 in specie captured by Admiral Anson (a prominent Royal Navy officer) in his raids on Spanish treasure ships bearing gold and silver mined in Lima, Peru. On their safe return to Portsmouth, Anson was met by a cheering crowed who formed a parade all the way back to London so as to safely deposit the tons of captured Spanish ore at the Royal Mint. To celebrate their victory (and humiliate their enemies), coins made from this treasure were marked 'Lima' beneath the bust of George II, and thus an enigmatic and historic coinage was born. The present offering is a bold and round specimen of rich color, its hallmark crisp and evident, limited circulation wear commensurate with grade even across both surfaces with no areas of especial weakness. The majority of 'Lima' marked coins are silver, and thus 5 Guineas such as this specimen are rare indeed and ever-popular when they appear. An eternal treasure.
HID02901242017
Estimate: 30000-40000 USD
George II gold 5 Guineas 1746-LIMA AU55 NGC, KM586.1, S-3665. Decimo Nono edge. A premium 'hallmarked' English coin, and perhaps one of the best-known types. The hefty weight of gold used to produce this 5 Guineas of George II was part of the £500,000 in specie captured by Admiral Anson (a prominent Royal Navy officer) in his raids on Spanish treasure ships bearing gold and silver mined in Lima, Peru. On their safe return to Portsmouth, Anson was met by a cheering crowed who formed a parade all the way back to London so as to safely deposit the tons of captured Spanish ore at the Royal Mint. To celebrate their victory (and humiliate their enemies), coins made from this treasure were marked 'Lima' beneath the bust of George II, and thus an enigmatic and historic coinage was born. The present offering is a bold and round specimen of rich color, its hallmark crisp and evident, limited circulation wear commensurate with grade even across both surfaces with no areas of especial weakness. The majority of 'Lima' marked coins are silver, and thus 5 Guineas such as this specimen are rare indeed and ever-popular when they appear. An eternal treasure.
HID02901242017
Estimate: 30000-40000 USD