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The New York Sale
Auction LIII  14 Jan 2021
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Lot 3117

Starting price: 6000 USD
Price realized: 6000 USD
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Richard II (1377-99), Gold Noble. Tower Mint, type IVa, obverse legend with scallop shell after DI and GRA, pellet on rudder? King standing in ship with upright sword and quartered shield, flag at stern of ship, beaded circle surrounding, RIC ARDx DI*GRA* REXx AnGL' xZx FRAnCxx DnSx hIBx Zx AQ T, rev. R at centre of ornamental cross with lis terminals, crowns over lions in angles, all within a beaded and linear tressure, fleurs in spandrels, legend +IhC'x AVTEm'x TRAnSIEnSxx PERxx mEDIV'x ILLORVxx IBAT, weight 7.55g (Schneider ---; Webb Ware 4a; N.1304; S.1658). Rim a little ragged at upper left of obverse, two small raised die flaws on reverse legend, has been graded and slabbed by NGC as MS61, extremely rare with the scallop shell in legend rather than on rudder of ship, no example in the Schneider collection. Estimated Value $7,500
NGC Certification 5880656-013. We note this is the only example so far graded by NGC of S.1658 so this piece is top of the population there, however PCGS have graded one example higher. The abbreviated Latin legends translate as on the obverse "Richard by the Grace of God, King of England and France and Lord of Ireland and Aquitaine" and on the reverse "But Jesus, passing through the midst of them, went His way" taken from the Bible. This type of Noble is struck in the style of the subsequent Henry IV type Nobles so must date towards the end of Richard's reign. The output of gold at London for the last three years of the reign from September of 1396 to October of 1399 amounted to roughly £50,000 worth of gold coins which is a smaller relative output per year than most of the outputs of the preceding reign of Edward III and smaller than the first three years of Richard's reign.
Ex A H Baldwin, purchased 1st April 2005.
Ex Lord Stewartby Collection part III, Spink Coin Auction, 26th September 2016, lot 922.
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