Heritage World Coin Auctions
CSNS Signature Sale 3073 25-26 & 29 Apr 2019
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Great Britain
Edward IV (First Reign, 1461-1470) gold Ryal ND (1464-1470) MS63 NGC, London mint, Coronet mm, S-1951, N-1549. 7.74gm. Crowned king with sword and shield standing facing in ship, Є in banner at stern, large rose on hull / Rose in radiant sun over floriate cross, crowns and lions in angles, small trefoils in spandrels. An immense medieval gold piece of unbelievable quality, unsurpassed in its technical grade by any examples at either NGC or PCGS. Valued at 10 Shillings, the Ryal was introduced in 1464 to address the rising price of gold on the continent. As gold coinage was worth more in Europe than England, a mass export of coinage for profit took place which resulted in a severe gold shortage. Accordingly, England's answer was to raise the value of the Noble from 6 Shilling 8 Pence to 8 Shillings 4 Pence, and the new Ryal was introduced as a rounded denomination for larger transactions. However, as businesses were accustomed to dealing with 6s 8d amounts, the 10s Ryal quickly unpopular became and was ultimately discontinued in 1470. A scarce and charming piece thus, the Ryal's popularity has finally come to pass with today's numismatists, always eager to obtain this unusual and beautiful coin. Centrally and exactly struck on a perfect flan, still abundantly lustrous even after 550 years, every detail needle-sharp and precise. One of the finest known, a dazzling piece of British numismatic history worthy of only the finest collections.
HID02901242017
Estimate: 10000-12500 USD
Edward IV (First Reign, 1461-1470) gold Ryal ND (1464-1470) MS63 NGC, London mint, Coronet mm, S-1951, N-1549. 7.74gm. Crowned king with sword and shield standing facing in ship, Є in banner at stern, large rose on hull / Rose in radiant sun over floriate cross, crowns and lions in angles, small trefoils in spandrels. An immense medieval gold piece of unbelievable quality, unsurpassed in its technical grade by any examples at either NGC or PCGS. Valued at 10 Shillings, the Ryal was introduced in 1464 to address the rising price of gold on the continent. As gold coinage was worth more in Europe than England, a mass export of coinage for profit took place which resulted in a severe gold shortage. Accordingly, England's answer was to raise the value of the Noble from 6 Shilling 8 Pence to 8 Shillings 4 Pence, and the new Ryal was introduced as a rounded denomination for larger transactions. However, as businesses were accustomed to dealing with 6s 8d amounts, the 10s Ryal quickly unpopular became and was ultimately discontinued in 1470. A scarce and charming piece thus, the Ryal's popularity has finally come to pass with today's numismatists, always eager to obtain this unusual and beautiful coin. Centrally and exactly struck on a perfect flan, still abundantly lustrous even after 550 years, every detail needle-sharp and precise. One of the finest known, a dazzling piece of British numismatic history worthy of only the finest collections.
HID02901242017
Estimate: 10000-12500 USD