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London Coins Ltd
Auction 171  5-6 Dec 2020
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Lot 1363

Starting price: 80 000 GBP
Price realized: 135 000 GBP
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Five Guineas 1693 S.3422 Obverse conjoined busts of joint monarchs right. GVLIELMVS ET MARIA DEI GRATIA. Reverse, crowned garnished square topped arms, lion of Nassau in centre. Edge year QVINTO in raised letters on edge, in a PCGS holder and graded MS62, with Prooflike and brilliant fields, a piece with remarkable eye appeal, the bust and reverse design lightly frosted, retaining much mint lustre, must surely be one of the finest known examples of this short series. At the time of writing, the PCGS Population report shows one example graded MS62+ and another at MS63 being the only finer examples. Across the entire William and Mary series combining all Five Guinea dates and varieties, only 4 examples have been graded higher by PCGS. and in August 2020 an example dated 1692 and graded MS63 by PCGS realised $384,000 in Heritage, and is now being offered for private treaty sale at $499,000, and we can tell you that that the difference in grade between MS62 and 63 is negligible. William and Mary were spouses who reigned over the kingdoms of England, Scotland and Ireland. They began their joint reign in February 1689 after they were offered the throne by the Convention Parliament. James II (Mary's father) had fled the country and William and Mary occupied what was in effect a vacant throne. They were the first joint rulers in England for over 800 years, although Philip II and Mary I had appeared on English coinage together. Mary was to reign until her death from smallpox in December 1694 and William continued his rule alone, until his death in March 1702. The reign of William and Mary was brief and their coins are relatively scarce.

Estimate: 80000-120000 GBP
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