Stack's Bowers & Ponterio
January 2019 NYINC Auction 11-12 Jan 2019
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GERMANY. Bavaria. Krone, 1857. NGC MS-62.
Fr-280; KM-470. Obverse: Bare head right; Reverse: Uniform design, "VEREINSMÜNZE * 50 EIN PFUND FEIN" around an oak wreath enclosing "1/ KRONE/ 1857". One of only 771 struck of this date. A short-lived and thus highly collectible denomination, produced just prior to the final monetary union that preceded German unification and adoption of the Gold Standard. This example, preserved in lovely Mint State quality, displays strong prooflike qualities in the fields and soft frost on the central designs that create a delicate cameo-like appearance. Light handling on both sides determines the grade, but no instance is egregious. One of the only examples seen at auction in the last two decades, with the last appearance, seemingly slightly more handled than this one, appearing in a 2015 Gerhard Hirsh auction where it brought 11,000 EUR hammer (approximately $12,500 USD hammer at the time).
Estimate: $10000.00- $15000.00
Fr-280; KM-470. Obverse: Bare head right; Reverse: Uniform design, "VEREINSMÜNZE * 50 EIN PFUND FEIN" around an oak wreath enclosing "1/ KRONE/ 1857". One of only 771 struck of this date. A short-lived and thus highly collectible denomination, produced just prior to the final monetary union that preceded German unification and adoption of the Gold Standard. This example, preserved in lovely Mint State quality, displays strong prooflike qualities in the fields and soft frost on the central designs that create a delicate cameo-like appearance. Light handling on both sides determines the grade, but no instance is egregious. One of the only examples seen at auction in the last two decades, with the last appearance, seemingly slightly more handled than this one, appearing in a 2015 Gerhard Hirsh auction where it brought 11,000 EUR hammer (approximately $12,500 USD hammer at the time).
Estimate: $10000.00- $15000.00