Sovereign Rarities Ltd
Auction 2 24 Sep 2019
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George I (1714-27), gold Two Guineas, 1726, laureate head right, legend and toothed border surrounding, GEORGIVS. D.G. M.B.FE. ET. HIB. REX. F.D., rev. crowned cruciform shields, incorporating the Arms of Hanover, sceptres in angles, garter star at centre, date either side of top crown, BRVN ET. L. DVX S.R.I.A.TH ET. EL., edge, diagonally grained, weight 16.78g (Schneider 543; MCE 244; S.3627). Once cleaned with some light smoothing on cheek and in legend at "OR" of King's name, otherwise very fine.
1726 is the final year for the gold Two Guineas of George I, and the calendar year output of gold was £872,963 which was the fourth highest of the reign. Sir Isaac Newton was still Master Worker at this time but died the year after this coin was produced. Newton was the first to officially call the gold coinage the "guinea" in a report made in the Mint papers of 1717. The gold coins had been called Guineas colloquially since the time that gold dust and metal began to be imported from the African country of Guinea, during the reign of Charles II.
Provenance:
Ex Sotheby, 19th April 1923 sold for £4/4/-.
Ex Robinson Collection, St James Auction 1, 13th October 2004, lot 216.
1726 is the final year for the gold Two Guineas of George I, and the calendar year output of gold was £872,963 which was the fourth highest of the reign. Sir Isaac Newton was still Master Worker at this time but died the year after this coin was produced. Newton was the first to officially call the gold coinage the "guinea" in a report made in the Mint papers of 1717. The gold coins had been called Guineas colloquially since the time that gold dust and metal began to be imported from the African country of Guinea, during the reign of Charles II.
Provenance:
Ex Sotheby, 19th April 1923 sold for £4/4/-.
Ex Robinson Collection, St James Auction 1, 13th October 2004, lot 216.