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Baldwin's of St. James's
Auction 23  28 Sep 2018
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Lot 2062

Estimate: 27 500 GBP
Price realized: 24 000 GBP
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British Coins, Elizabeth I, sixth issue, pound, mm. anchor (1597/8-1600), crowned bust of queen l. with long hair, wearing richly ornamented dress with ruff, double pellet stops, rev. crowned square-topped shield of arms, ER at sides, double pellet stops (S.2534; N.2008), certified and graded by NGC as Mint State 64, a beautiful and lustrous coin, unusually bold in details on both sides, on a broad flan having almost complete outer beaded rims, this is the finest known with the anchor mintmark - the rarest mintmark on Elizabeth I pounds - a trophy coin for the connoisseur
This lovely coin is one of the more regal portraits of Elizabeth I in gold. Even as she advanced in age she retained her dignified bearing. It took half a century but under her guidance England regained the wealth that her father wasted, shown off on this coin in the queen's jewelled, fancy dress. On the other side, the large crown atop the regal shield again stood for majesty and strength, after the anaemic reigns of Henry's only son, Edward, and his eldest daughter, Mary. Indeed, on this coin we see symbols of the queen's importance as a monarch who recaptured the devotion of her subjects and the admiration of her enemies.
Estimate: 27500-32500 GBP
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