Heritage World Coin Auctions
Monthly Auction 61156 17 May 2020
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Canada
George V gold Sovereign 1916-C MS64 PCGS, Ottawa mint, KM20, S-3997, Marsh-224 (R5). Arguably the most famed rarity of the short-lived Canadian Sovereign series. Despite having the second lowest recorded mintage, it is thought that the majority of the 6,119 examples struck in 1916 were remelted; collectors will be familiar with this common fate encountered by many of the WWI era Sovereigns used in international repayments. As such, it is now postulated that only 50 examples of the 1916-C are still extant. Not just representing a type rarity, the present offering is exceptionally preserved in near-gem state, pristine and level surfaces showcasing full mint bloom, fully struck to even the most intricate details. Just two coins have been more highly certified by either NGC or PCGS. The last of this type in MS64 we handled achieved a hammer price of $34,000 at our April 2015 auction, and we do not doubt the rarity and eye appeal of this selection will elicit similar bidder excitement.
From the Caranett Collection of Sovereigns - #1 PCGS Registry Sets
https://coins.ha.com/itm/canada/canada-george-v-gold-sovereign-1916-c-ms64-pcgs-/a/61156-99177.s?type=CoinArchives61156
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 15000-20000 USD
George V gold Sovereign 1916-C MS64 PCGS, Ottawa mint, KM20, S-3997, Marsh-224 (R5). Arguably the most famed rarity of the short-lived Canadian Sovereign series. Despite having the second lowest recorded mintage, it is thought that the majority of the 6,119 examples struck in 1916 were remelted; collectors will be familiar with this common fate encountered by many of the WWI era Sovereigns used in international repayments. As such, it is now postulated that only 50 examples of the 1916-C are still extant. Not just representing a type rarity, the present offering is exceptionally preserved in near-gem state, pristine and level surfaces showcasing full mint bloom, fully struck to even the most intricate details. Just two coins have been more highly certified by either NGC or PCGS. The last of this type in MS64 we handled achieved a hammer price of $34,000 at our April 2015 auction, and we do not doubt the rarity and eye appeal of this selection will elicit similar bidder excitement.
From the Caranett Collection of Sovereigns - #1 PCGS Registry Sets
https://coins.ha.com/itm/canada/canada-george-v-gold-sovereign-1916-c-ms64-pcgs-/a/61156-99177.s?type=CoinArchives61156
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 15000-20000 USD