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Sovereign Rarities Ltd
Auction 1  25 Sep 2018
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Lot 178

Estimate: 1800 GBP
Price realized: 2200 GBP
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George I (1714-27), silver Crown, 1723, South Sea Company Issue, laureate and draped bust right, Latin legend and toothed border surrounding, GEORGIVS. D. G. M. BR. FR. ET. HIB. REX. F. D., rev. crowned cruciform shields, eight strings to Irish harp, initials SS and C in alternate angles, date either side of top crown, Latin legend and toothed border surrounding, .BRVN ET. L. DVX S.R.I.A:TH ET. EL., edge inscribed in raised letters of inverted orientation to obverse, note use of letter U in edge wording, +.DECUS. ET. TUTAMEN+ ANNO./+ REGNI. DECIMO., note stop over cross after ANNO, weight 30.08g (Bull 1545; ESC 114; C&R 694; S.3640). Toned, a number of small ticks and flecks, some light digs around cheek and light adjustment marks on drapery, otherwise good very fine / almost extremely fine.

The South Sea Company famously known for the economically disastrous "South Sea Bubble" of over-speculation which made the Company go bust, had previously supplied much silver bullion to the Mint in exchange for the right to export money overseas. The silver supplied up to 1723 produced a large coinage of Crowns, Halfcrowns, Shillings and Sixpences.

Provenance:
Ex Collection of English Coins Property of a Gentleman, Spink Coin Auction 126, 14th July 1998, lot 505.

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