Heritage World Coin Auctions
March Signature Sale 3096 25-27 Mar 2021
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Great Britain
George II gold "East India Company" 5 Guineas 1729 UNC Details (Cleaned) NGC, KM571.2, S-3664, Fr-333, Schneider-556. TERTIO edge. EIC below bust. The inaugural year from this short-lived series, featuring the younger, laureate portrait of George II. Despite the presence of light hairlines from an old cleaning, this is an exceptionally attractive specimen, plainly Mint State, and with underlying but easily apparent Prooflike reflectivity in the fields. A highly important "East India Company" issue.
First chartered as the "Company of Merchants of London Trading into the East Indies" under Queen Elizabeth I in 1600, the East India Company eventually rose to account for half of the entire world's trade, bolstering the financial and territorial roots of the British Empire, and was an integral part of the events leading up to the American Revolution: their exemption from the tea import duties imposed on their colonial counterparts triggered the Boston Tea Party of 1773. In fact, the prominence of the EIC during this turbulent time has led some to theorize that the Stars and Stripes were based on the East India Flag, as the two bear remarkable similarities.
Ex. Spink Auction 5028 (May 2005, Lot 161)
https://coins.ha.com/itm/great-britain/great-britain-george-ii-gold-east-india-company-5-guineas-1729-unc-details-cleaned-ngc-/a/3096-30312.s?type=CoinArchives3096
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 18000-24000 USD
George II gold "East India Company" 5 Guineas 1729 UNC Details (Cleaned) NGC, KM571.2, S-3664, Fr-333, Schneider-556. TERTIO edge. EIC below bust. The inaugural year from this short-lived series, featuring the younger, laureate portrait of George II. Despite the presence of light hairlines from an old cleaning, this is an exceptionally attractive specimen, plainly Mint State, and with underlying but easily apparent Prooflike reflectivity in the fields. A highly important "East India Company" issue.
First chartered as the "Company of Merchants of London Trading into the East Indies" under Queen Elizabeth I in 1600, the East India Company eventually rose to account for half of the entire world's trade, bolstering the financial and territorial roots of the British Empire, and was an integral part of the events leading up to the American Revolution: their exemption from the tea import duties imposed on their colonial counterparts triggered the Boston Tea Party of 1773. In fact, the prominence of the EIC during this turbulent time has led some to theorize that the Stars and Stripes were based on the East India Flag, as the two bear remarkable similarities.
Ex. Spink Auction 5028 (May 2005, Lot 161)
https://coins.ha.com/itm/great-britain/great-britain-george-ii-gold-east-india-company-5-guineas-1729-unc-details-cleaned-ngc-/a/3096-30312.s?type=CoinArchives3096
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 18000-24000 USD