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Stack's Bowers & Ponterio
January 2013 NYINC Sale - Ebert Part II & Sess. C  12 January 2013
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Lot 2359

Starting price: 60 000 USD
Price realized: 100 000 USD
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WORLD GOLD COINS

GREAT BRITAIN. Edward VII (1901-1910). Pattern Crown in Gold, 1902. PCGS SP-62.
48mm; 81.00 gms. Plain Edge. WR-413, ESC-364, LS-5. Designs in the style of the Tower Mint Crowns of Charles I. Crowned equestrian figure to left of Edward VII wearing coronation robes within beaded circle, LONDONIA monogram in field behind king, minuscule "S" for Spink below ground line, surrounding legends read EDWARD:VII,D:G:BRIT:ET TERRAR: TRANSMARIN: 1902. Reverse: Fancy oval arms in beaded circle, surrounding legends read Q:I:D:S:BRITANNICA.REX.FID:DEF:IND:IMP:[sunface mintmark]. The die work is simply superb, featuring the precision work of late 19th century British engravers but combined with the textured fields and the appearance of hand-cut lettering that one may associate with the cruder Charles I Tower Mint Crowns that this Pattern issue imitates. Called Rarity-6 (3 to 5 known) by Wilson & Rasmussen, this pattern produced privately by Spink & Son is the only Gold pattern listed for the reign of Edward VII; all other issues listed are Proofs and their variants. More commonly seen in silver of normal weight, extra thick pieces in silver are also known, representing half-pound and pound pieces. Given that a Royal Mint issue Gold 5 Pound piece should weigh 39.94 grams, and given that this piece weighs 81.00 grams (and the one documented by Wilson & Rasmussen weighs 79.98 grams), could the current piece have been intended by Spink to represent a medallic Pattern 10 Pound piece? Here is a rare item of uncommon beauty and rarity, an item of which only this, the Eliasberg Specimen, has been seen at auction in recent times.PCGS SP-62.

Estimate: $100000
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