Transylvania
Michael I Apafi gold 10 Ducat 1671-AC AU53 NGC, Klausenburg mint, KM-A416 (Rare), Fr-458, Horsky-5359, Montenuovo-1061, Husz-642, cf. Resch-83 (there, with AF initials). 34.01gm. From a chaotic period of Transylvanian history, in which the balance of power was under continuous fluctuation. Having ruled Transylvania uncontested since 1662, Michael I Apafi maintained the independence of his principality against the Holy Roman Empire through alliances with Hungarian rebels and the Ottoman Empire until the Ottomans were defeated at the walls of Vienna in 1683. He was ultimately forced to conclude a treaty directly with Leopold I, completed just a few years before his death in 1690. This rare and doubtlessly imposing mid-reign gold issue features a bold strike and no shortage of luster in the fields. One of approximately 5 total representatives that we have been able to locate at auction in recent decades, with this mint-date combination entirely missing from Resch, though an example is present in the Hungarian National Museum in Budapest.
Ex. Hess-Divo Auction 297 (October 2003, Lot 189)
https://coins.ha.com/itm/transylvania/transylvania-michael-i-apafi-gold-10-ducat-1671-ac-au53-ngc-/a/3096-30494.s?type=CoinArchives3096
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 40000-60000 USD