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The New York Sale
Auction LIII  14 Jan 2021
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Lot 3160

Starting price: 600 USD
Price realized: 700 USD
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George III (1760-1820), Gold Third Guinea, 1803. Second type, first laureate head right, Latin legend and toothed border surrounding, GEORGIVS III DEI GRATIA., rev. large crown, date below crown, legend surrounding commencing at top, + BRITANNIARUM REX FIDEI DEFENSOR (MCE 455; S.3739). Lightly toned, good extremely fine, the last year for the type, has been graded and slabbed by NGC as MS63. Estimated Value $750
NGC Certification 4425376-007. We note that of 37 examples graded across both PCGS and NGC this coin falls into the top 5% of the roster of the highest grades, with only one piece graded higher at NGC. The Latin legends translate as on obverse "George III by the grace of God" and on the reverse "King of the Britains, Defender of the Faith." The gold coinage production for the year of 1803 amounted to £596,445 which would have consisted entirely of Half-Guineas and Thirds, the latter denomination being introduced to help alleviate the lack of silver coinage in circulation.
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