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Sovereign Rarities Ltd
Auction 1  25 Sep 2018
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Lot 222

Estimate: 2000 GBP
Price realized: 3200 GBP
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George I (1714-27), silver Halfcrown, 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, seven strings to Irish harp, initials SS and C in alternate angles, retrograde Z type 1 in 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., weight 15.03g (Bull 1557; ESC 592; C&R 706 R2; S.3643). Toned, small spot on drapery and some other tiny flecks, some raised die flaws in the crowns over the shields, otherwise practically extremely fine and rare this nice.

Provenance:
Ex Spink Numismatic Circular, September 1955, item 18494.
Ex J. M. Ashby, Spink Coin Auction 145, 12-14th July 2000, lot 2433.

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.

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