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Ira and Larry Goldberg Auctioneers
Auction 122  15-16 Jun 2021
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Lot 1702

Starting price: 600 USD
Price realized: 2100 USD
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Great Britain. Sovereign, 1826. S.3801; Fr-377; KM-696. Weight 0.2355 ounce. George IV. Bare head left. Reverse; Crowned shield. PCGS graded AU-50. In special PCGS Ship of Gold holder which contains One Pinch of Gold Dust recovered from the S.S. Central America treasure.
Special PCGS number 674274.50/35474732.
Estimated Value $1,250 - UP
On 24 February 1826, Great Britain and the Burmese Empire signed the Treaty of Yandabo, thereby ending the First Anglo-Burmese War (1824-1826). This conflict had evolved from Burmese expansion on the borders of British India and became the most expensive conflict in terms of men and money in the history of British India. However, it ended with a British victory and the Treaty of Yandabo compelled the Burmese Empire to cede many of its border territories and pay a crippling indemnity. The treaty marked the beginning of the collapse of the previously formidable Burmese Empire and the strangle hold of British power in India.

In the summer of this year, which saw the Tories win a resounding elected majority for the Prime Minister, Robert Jenkinson, the Earl of Liverpool, the United Kingdom also suffered through a three-month drought and heat wave that was the second hottest since temperatures began to be recorded in 1659. In 1826, the situation also remained hot for British forces in the Gold Coast, where they continued the First Anglo-Asante War (1823-1831). On 7 August, John Hope Smith, the new British governor, successfully defended Accra from the Asante handily defeated them by firing rockets into the midst of the enemy. The terror inspired by these new weapons and the devastation they caused ended the immediate threat of the Asante Empire to British colonialism in the Gold Coast and permitted the breathing space to establish the Pra River as the border between the two powers in 1831.
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