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Baldwin's of St. James's
Auction 20  26 Sep 2018
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Lot 36

Estimate: 4500 GBP
Price realized: 6000 GBP
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British Coins, Victoria, sovereign, 1838, young head l., rev. crowned shield of arms within wreath (S.3852; Marsh 22 [Rare in any condition]), a glorious coin, with a sensational strike for this date and intense lustre, surfaces displaying only tiny ticks in the soft gold, certified and graded by PCGS as Mint State 64
First year of issue for Victoria, rarely seen in any grade, survivors with lustre apparently saved by admirers of the new, young queen and by contemporary collectors. Most of the sizable mintage has disappeared, most likely through meltings of 'old gold' over the decades since this coin was struck. An interesting side note is that the founder of the American Smithsonian Institution gave an 1838 sovereign as the first donation to that museum. This marvellous coin appears to be rather conservatively graded. Don't let the MS64 designation persuade you that this is not one of the very best 1838 sovereigns in existence and it is a prize for any serious collector of sovereigns.
(4500-5500 GBP)
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