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Sovereign Rarities Ltd
Auction 1  25 Sep 2018
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Lot 46

Estimate: 2000 GBP
Price realized: 3600 GBP
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James I (1603-25), gold Laurel of twenty shillings, third coinage (1619-25), first laureate and draped bust left, value XX behind, Latin legend and beaded borders surrounding on both sides, initial mark spur rowel (1619-20), *IACOBVS D: G: MAG: BRIT: FRAN: ET HIB: REX., rev. long cross fourchée over crowned quartered shield of arms, terminal mark spur rowel, no stops in legend, FACIAM EOS IN GENTEM VNAM*, weight 8.97g (Schneider 82; N.2111; S.2637). Toned, some light weakness or imperfection in striking, otherwise good very fine and the first variety issued of the Laurel coinage.

The original pyx trial records show that £109,653 of 22 carat crown gold was struck for this mint mark from 20th August 1619 until 31st March 1620, which is the smallest gold mintage when compared across the mint marks of the third coinage. Interestingly the spur rowel mint mark is also exclusively used for gold coins and did not feature in the silver at all.

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