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The New York Sale
Auction LIII  14 Jan 2021
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Lot 3139

Starting price: 10 000 USD
Price realized: 11 000 USD
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Commonwealth (1649-60), Gold Unite of twenty shillings, 1653. English shield within laurel and palm branch, legends in English language, initial mark sun.THE. COMMONWEALTH. OF. ENGLAND., rev. English and Irish shields, value .XX. above, beaded circle and legend surrounding, date at top, legend surrounding.GOD. WITH. VS., weight 9.16g (Schneider 341; N.2715; S.3208). Toned with an attractive red colour, has been slabbed and graded by NGC as AU58. Estimated Value $12,500
NGC Certification 5880543-002. At the time of writing this coin is currently the fifth highest graded of fifteen that have been graded by this service; PCGS have only graded seven pieces, one of which is higher. All gold coins of this period are struck in 22 carat gold and are the first British coins to have legends in plain English. The output of gold at this time in the accounting period of 1652 until November 1653 was the highest of the Commonwealth period at £38,010 worth. The output at this time was boosted by the capture of a large bullion treasure from the Spanish mainly of silver with some gold which boosted production by a quarter in this period. For further reading about "Cromwell's Treasure" see the new book published by Spink 2020 "The Metal in Britain's coins by Graham Birch, pages 94-100. x.
Ex William Laud Raynes, Glendining, 15th February 1950, lot 261.
Ex Spink Coin Auction 215, 4-5th December 2012, lot 47.
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