Sovereign Rarities Ltd
Auction 2 24 Sep 2019
View prices realized
► Sale information
Find similar lots
The Impressive "Fine Work" gold Guinea of King William III, the Rarest Denomination of Type
William III (1694-1702), gold Guinea, 1701, fine work style, third laureate head right, legend and toothed border surrounding, GVLIELMVS. III. DEI. GRA., rev. crowned cruciform shields, ornamental sceptres in angles, Lion of Nassau at centre, date either side of top crown, legend and toothed border surrounding, .MAG BR.FRA ET.HIB REX., weight 8.38g (Schneider 513; MCE 188; S.3465). With copper red tone, a few light surface marks, has been graded and slabbed by NGC as AU50, very rare.
NGC certification 4862557-005
The "Fine Work" Guinea though produced in the bumper gold out put year of 1701 remains a very rare coin indeed as it seems most of the Mint output of gold must have been of the Five and Two Guinea denominations to use the gold supply quicker. The massive output of £1,190,019 worth of gold in calendar year 1701 was caused by the vast influx of foreign gold being cleansed from commerce, by the new Proclamation of 5th February 1701 crying down the face value of such gold by a Sixpence to 17 Shillings, when the gold value was fractionally above typically at 17/1d, as had been noted by new Master Worker Sir Isaac Newton who was instrumental in the Proclamation being issued by the Treasury.
Provenance:
Ex Noble Investments plc, purchased 2004.
William III (1694-1702), gold Guinea, 1701, fine work style, third laureate head right, legend and toothed border surrounding, GVLIELMVS. III. DEI. GRA., rev. crowned cruciform shields, ornamental sceptres in angles, Lion of Nassau at centre, date either side of top crown, legend and toothed border surrounding, .MAG BR.FRA ET.HIB REX., weight 8.38g (Schneider 513; MCE 188; S.3465). With copper red tone, a few light surface marks, has been graded and slabbed by NGC as AU50, very rare.
NGC certification 4862557-005
The "Fine Work" Guinea though produced in the bumper gold out put year of 1701 remains a very rare coin indeed as it seems most of the Mint output of gold must have been of the Five and Two Guinea denominations to use the gold supply quicker. The massive output of £1,190,019 worth of gold in calendar year 1701 was caused by the vast influx of foreign gold being cleansed from commerce, by the new Proclamation of 5th February 1701 crying down the face value of such gold by a Sixpence to 17 Shillings, when the gold value was fractionally above typically at 17/1d, as had been noted by new Master Worker Sir Isaac Newton who was instrumental in the Proclamation being issued by the Treasury.
Provenance:
Ex Noble Investments plc, purchased 2004.