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Sovereign Rarities Ltd
Auction 2  24 Sep 2019
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Lot 44

Estimate: 18 000 GBP
Price realized: 18 000 GBP
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The Finest Graded Pinecone Mascle Issue Noble of King Henry VI

Henry VI, first reign (1422-61), gold Noble of Six Shillings and Eight Pence, Tower Mint, Pinecone-Mascle Issue (1431-32), King standing in ship with upright sword and quartered shield, annulet by sword arm, pinecone stops in legend, mascle after REX in legend surrounding, h EnRIC. DI. GRA. REX AnGL Z FRAnC. DnS. hyB, rev. h at centre, ornate cross with floriate lis terminals, crown over lion in angles, lis above lion's head in second quarter, all within beaded and linear tressure of eight arcs, large fleurs in spandrels, initial mark fleur de lis, pinecone stops with mascle after PER in abbreviated Latin legend, +IhC'.AVT. TRAnCIEnS. PER mEDIVm. ILLORVm. IBAT, weight 6.99g (Schneider 322; N.1457; S.1824). Well struck, attractively toned, has been graded and slabbed by PCGS as MS64, the finest graded of this variety, extremely rare.

PCGS certification 895123.64/36045655.

The "Pinecone-Mascle Issue" of gold and silver denominations is so-named on account of the use of these symbols in the stops of the legend upon these coins both sides which feature nearly always one mascle (diamond shaped device) and small pinecones with stalks. From the latest estimation based on contemporary and hoard evidence, this issue was minted for perhaps less than a year, from some time in 1431 until September of 1432, from which surviving accounts show certainly less than 2,500 pound weight of gold was coined of which this was a proportion meaning the coinage was very small, certainly when compared to the vast "Annulet Issue" coinage of 1422-30.

Provenance:
Ex NGSA 30th Anniversary Sale, Switzerland, 3rd December 2018, lot 244.
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