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Dallas Signature Sale 3085 5-7 Aug 2020
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Great Britain
George III gold Proof Pattern Guinea 1763 PR64 Cameo NGC, KM-PnA44, S-3726, W&R-87 var. (R6; but there, with top leaf pointing to stop), Schneider-Unl. Plain edge. By Richard Yeo. A Georgian pattern that has risen to semi-mythical status, with the Standard Catalog of British Coins simply stating that Yeo's 1763 pattern is "extremely rare and trade[s] too infrequently to price", the date altogether missing from the Nobleman, Brand, Millennia, Schneider, and Eliasberg collections, and presently absent from the Tyrant Collection. With Wilson and Rasmussen's R6 rating suggesting a mere 3-5 pieces known, this coin further presents a previously unknown obverse die where the top leaf in the king's laurel wreath points between the stop and the D in DEI (rather than directly at the stop as in Wilson and Rasmussen), which may well be unique.
Following from the severe overvaluation of British gold coinage in the 18th century, silver and copper coinage all but vanished from the country while the Guinea, previously used only by the wealthy, suddenly became necessary for day-to-day transactions even among the less well-off in society. Produced to inaugurate George III's second issue Guineas, Yeo's engraving offered a slightly more humanistic portrayal of the king than the proud effigy produced by Tanner, while still proving no less flattering to the young king. Exhibited here with spectacular cameo finish to the planchet that sends haloes of light swirling around George's bust, while the accompanying fields appear thick with die polish, the present specimen currently serves as the sole certified piece across both major grading services. According to our research, only one other example of this pattern Guinea date has come to auction in the past several decades--a reappearance of the Douglas-Morris specimen brought to auction by Baldwin's of St. James's in February 2008.
Ex. Waterbird Collection; Spink Auction 96 (March 1993, Lot 242)
https://coins.ha.com/itm/great-britain/great-britain-george-iii-gold-proof-pattern-guinea-1763-pr64-cameo-ngc-/a/3085-30177.s?type=CoinArchives3085
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 20000-30000 USD
George III gold Proof Pattern Guinea 1763 PR64 Cameo NGC, KM-PnA44, S-3726, W&R-87 var. (R6; but there, with top leaf pointing to stop), Schneider-Unl. Plain edge. By Richard Yeo. A Georgian pattern that has risen to semi-mythical status, with the Standard Catalog of British Coins simply stating that Yeo's 1763 pattern is "extremely rare and trade[s] too infrequently to price", the date altogether missing from the Nobleman, Brand, Millennia, Schneider, and Eliasberg collections, and presently absent from the Tyrant Collection. With Wilson and Rasmussen's R6 rating suggesting a mere 3-5 pieces known, this coin further presents a previously unknown obverse die where the top leaf in the king's laurel wreath points between the stop and the D in DEI (rather than directly at the stop as in Wilson and Rasmussen), which may well be unique.
Following from the severe overvaluation of British gold coinage in the 18th century, silver and copper coinage all but vanished from the country while the Guinea, previously used only by the wealthy, suddenly became necessary for day-to-day transactions even among the less well-off in society. Produced to inaugurate George III's second issue Guineas, Yeo's engraving offered a slightly more humanistic portrayal of the king than the proud effigy produced by Tanner, while still proving no less flattering to the young king. Exhibited here with spectacular cameo finish to the planchet that sends haloes of light swirling around George's bust, while the accompanying fields appear thick with die polish, the present specimen currently serves as the sole certified piece across both major grading services. According to our research, only one other example of this pattern Guinea date has come to auction in the past several decades--a reappearance of the Douglas-Morris specimen brought to auction by Baldwin's of St. James's in February 2008.
Ex. Waterbird Collection; Spink Auction 96 (March 1993, Lot 242)
https://coins.ha.com/itm/great-britain/great-britain-george-iii-gold-proof-pattern-guinea-1763-pr64-cameo-ngc-/a/3085-30177.s?type=CoinArchives3085
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 20000-30000 USD