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The New York Sale
Auction LIII  14 Jan 2021
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Lot 3115

Starting price: 6000 USD
Price realized: 15 500 USD
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Edward III (1327-77), Gold Half-Noble of three shillings and four pence. Tower Mint London, Fourth Coinage, Transitional Treaty Period (1360-61) King standing in ship with upright sword and quartered shield, beaded circle surrounding, E DWARDxx DEIxx GxxREXxx AnG Lxx D'x hIBxZx, rev. large E at centre of ornamental cross with lis terminals, crowns over lions in angles, all within a beaded and linear tressure, fleurs in spandrels, legend +DomInEx Inx FVROREx TVOx ARGVASx mE, weight 3.89g (Schneider 65; N.1223; S.1500). Toned and well struck, has been graded and slabbed by NGC as MS65, at the time of writing the highest finest graded gold Half-Noble of all those ever graded by NGC from Edward III to Henry VI, top of the population out of 53 pieces. Estimated Value $7,500
NGC Certification 5880656-011. The abbreviated Latin legends translate as on the obverse "Edward by the Grace of God, King of England, Lord of Ireland "; and on the reverse "O Lord, rebuke me not in thine anger", a Psalm from the Bible. We note that PCGS have also graded 23 gold Half-Nobles from Edward III to Henry VI and none of those are as fine as a 65 grade, therefore this coin is the top of the population of 76 coins graded across both services at the time of writing. The output of the gold coinage at this transitional time in London was £32,464 worth from April to June of 1360 with a further £48,341 worth of gold until March of 1361, much bigger output periods were to follow under the Treaty phase and the majority of output was no doubt taken up with Nobles over the halves and quarters. This coin is therefore rare compared to the later and previous issues, which when coupled with the fact it is currently the finest graded Half-Noble makes this an extremely rare survivor.
Ex Dublin Coin Auction, 2006, lot 587.
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