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Sovereign Rarities Ltd
Auction 2  24 Sep 2019
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Lot 144

Estimate: 25 000 GBP
Price realized: 25 000 GBP
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George II (1727-60), gold Five Guineas, 1748, older laureate head left, legend and toothed border surrounding, GEORGIVS.II. DEI.GRATIA, rev. crowned quartered shield of arms, date either side of crown, M.B.F. ET. H. REX. F.D. B.ET. L. D. S. R. I. A. T ET. E., edge inscribed in raised letters of upright orientation to obverse, DECVS. ET. TVTAMEN. ANNO. REGNI. VICESIMO. SECVNDO., weight 41.93g (Schneider obv.9 / rev. 3; MCE 286; S.3666). Some light surface marks both sides, dig under the bust, some very fine wispy brush marks on cheek and neck area, otherwise practically extremely fine.

No silver coins were struck in 1748 so the Mint concentrated on producing gold coin only of which £338,523 worth was produced in the calendar year across the four gold denominations. A new indenture was made on 7th February 1748 with a new Master Worker William Chetwynd on the same terms as the previous to do with the coinage.

This is the penultimate currency Five Guinea piece with the last year being 1753. Herbert Schneider analysed the gold Five Guinea and Two Guinea coins of George II in his Spink Numismatic Circular article "The Five Guinea and Two Guinea Pieces of George II" in February 1957.

No currency Five Guineas were struck in the reign of George III though there were three different dates of patterns produced. According to "The Rarity of Five Guinea Pieces – An Analysis" which appeared in the preface of the Samuel King Collection of Highly Important English Gold, a survey of 45 years of dealer sales lists and auction catalogues from 1960-2005, a total of 105 examples of this date of Five Guinea were traced in commerce which is the joint second highest figure across the 8 possible dates of the reign.

Provenance:
Ex Dix Noonan and Webb, Auction 67, 28th September 2005, lot 820.
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