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March Signature Sale 3096  25-27 Mar 2021
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Lot 30444

Estimate: 15 000 USD
Price realized: 60 000 USD
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Spain
Karl VI of Austria (as Charles III of Spain) gold "Victories in Battle" Medal 1706-Dated MS63 Prooflike NGC, Montenuovo-1342 var. (in silver), Horsky-Unl., Julius-1166 var. (same), Van Loon-V-31 var. (same), MI-II-291/101 var. (same). 44mm. 52.11gm. By Martin Smeltzing. A fascinating and highly historical medal produced to commemorate the victories of the Grand Alliance during the War of the Spanish Succession, which pitted the Holy Roman Empire, Great Britain, the Dutch Republic, and their other allies against the forces of Spain and France. Vibrant with metaphorical imagery, the obverse depicts a clouded sun surrounded by the Latin phrase "SIC OBSCURATUR GLORIA MAGNI REGIS," a reference to the dwindling power of the "Sun King" Louis XIV in the face of the Grand Alliance's successes. The reverse commemorates several important events of the year, including the liberation of Barcelona, the entry into Madrid, and the Battle of Ramillies, with Charles' bust prominently placed in the center, surrounded by his proclaimed title, Charles III. Despite this claim, Charles, though he would reign as Holy Roman Emperor Charles the Sixth from 1711 to 1740, was never to be recognized as King of Spain, with the ultimate peace settlement confirming Philip V as the Bourbon ruler of Spain.

Silver strikes of the issue are quite scarce and earn a substantial premium when located in better states of preservation. Gold productions, however, are downright rare. This offering represents the sole example of its kind seen in recent auction records. Further, it offers an appeal that few survivors could possibly match. Its sharp designs rise in distinguished relief above the plains of gold below, graced with a sufficient golden frost to create a clear juxtaposition against the fields, which themselves remain positively mirrorlike. This hard gold reflectivity reveals no impactful signs of circulation, with only mild traces of friction serving to contain the assigned grade at a notably impressive choice designation. A true historical relic, and one which could not be imagined more desirable, given its praiseworthy preservation and splendid golden format.

https://coins.ha.com/itm/spain/spain-karl-vi-of-austria-as-charles-iii-of-spain-gold-victories-in-battle-medal-1706-dated-ms63-prooflike-ngc-/a/3096-30444.s?type=CoinArchives3096

HID02906262019

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Estimate: 15000-20000 USD
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