Sovereign Rarities Ltd
Auction 2 24 Sep 2019
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James II (1685-88), gold Guinea, 1688, second laureate head left, legend and toothed border surrounding both sides, IACOBVS. II. DEI. GRATIA, rev. crowned cruciform shields, emblematic sceptres in angles, date either side of top crown, .MAG. BR. FRA. ET. HIB REX., weight 8.34g (Schneider -; MCE 130; S.3402). Some light haymarking and pitting both sides, otherwise practically extremely fine, we note this variety is not present in the Schneider Collection.
There was £561,309 worth of gold struck in the calendar year of 1688 which was the second highest output of the three year reign, with highest being 1686 on £617,411, and the lowest 1687 perhaps because silver production was high that year at £401,301 of gold output across the denominations of which the Guinea was a Twenty Shilling piece.
Provenance:
Ex Noble Investments plc, purchased 2004.
There was £561,309 worth of gold struck in the calendar year of 1688 which was the second highest output of the three year reign, with highest being 1686 on £617,411, and the lowest 1687 perhaps because silver production was high that year at £401,301 of gold output across the denominations of which the Guinea was a Twenty Shilling piece.
Provenance:
Ex Noble Investments plc, purchased 2004.