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Sovereign Rarities Ltd
Auction 1  25 Sep 2018
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Lot 70

Estimate: 35 000 GBP
Price realized: 155 000 GBP
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William III (1694-1702), gold Five Guineas, 1699, elephant and castle below first laureate bust right, legend and toothed border surrounding, GVLIELMVS. III. DEI. GRA., rev. crowned cruciform emblematic shields, six strings to Irish harp, emblematic sceptres in angles, Lion of Nassau at centre, date either side of top crown, legend and toothed border surrounding, .MAG. BR. FRA. ET.HIB. REX., edge inscribed in raised letters, inverted As for Vs in error, +. DECVS. ET. TVTAMEN. ANNO. REGNI. UNDECIMO., weight 41.72g (Schneider 479; M.C.E. 170; S.3455). Attractively toned with red copper colouration, underlying brilliance, very light adjustment at centre of head, otherwise extremely fine and very rare this well preserved, in NGC holder graded MS62, the highest graded by NGC or PCGS.

NGC certification 4829505-005

Provenance:
Ex A Collection of Five Guinea Pieces 1668-1753, Morton and Eden, Auction 6, 11th December 2003, lot 381.
The elephant and castle is the badge of the African Company that supplied gold bullion to make this coinage.

The "Samuel King" Survey, "The Rarity of Five Guinea Pieces – An Analysis" co-authored by this cataloguer revealed a total of only 29 examples of the elephant and castle below bust passing through the British market place in a 45-year period up until 2005, the most seldomly encountered Five Guineas of King William III.

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