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March Signature Sale 3096  25-27 Mar 2021
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Lot 30489

Estimate: 60 000 USD
Price realized: 130 000 USD
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Transylvania
Stephan Bocskai gold 10 Ducat 1605 MS62 NGC, Uncertain mint (possibly Nagybanya), KM18, Fr-305, Horsky-5238, Montenuovo-341, Husz-171, Resch-3. 34.75gm. A glistening and well-preserved example of this very rare issue combining superior detail and potent visual impact. Not at all surprising for a gold multiple of its age and issue, Bocskai's 10 Ducats prove extremely elusive and only intermittently appear at auction in any conditional tier. A survey of records quickly illustrates that a majority of these bear signs of circulation, oftentimes heavily so. This offering, however, breaks that general trend by its superior lustrous quality, the surfaces gently glittering in a backdrop to devices crafted precisely and without any areas of softness. Ignited in golden brilliance and ranked as the finest and only Mint State example encountered by NGC to date, this superb 10 Ducat appears destined for an elite collection.

Although he reigned over Transylvania for a relatively short time, Stephan Bosckai's influence was profound. Just before his ascent, the Habsburgs had begun a violent counter-reformation in Hungary and Transylvania. In league with the Ottoman Empire, he was able to lead an army of Hajdúk to victory in the field, bringing the Habsburg Monarchy to the negotiating table, concluding with the Treaty of Vienna, which guaranteed constitutional and religious rights to all citizens of both Transylvania and Hungary. Within six months following, the Habsburgs also made peace with the Ottoman Empire, ending the "Long Turkish War." This piece, minted in the midst of Bocskai's insurrection, is clear in its statement of nationalism, the reverse legend translating to: "It is sweet to die for your country."

Ex. Hess-Divo Auction 297 (October 2003, Lot 188)

https://coins.ha.com/itm/transylvania/transylvania-stephan-bocskai-gold-10-ducat-1605-ms62-ngc-/a/3096-30489.s?type=CoinArchives3096

HID02906262019

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Estimate: 60000-80000 USD
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