Livonia
Riga - Duchy. Anonymous gold Counterstamped Ryal ND (c. 1621?) AU53 NGC, KM-Unl., Fr-Unl., Haljak-Unl., Ives, "Counterstamps on English and Continental Nobles" (ANS Museum Notes 2, 1947), pp. 57-58, Plate X, 8-9. 7.58gm. Displaying a cross above crossed keys counterstamp (AU Standard) on a gold Ryal of Edward IV of England (cf. S-1951). A positively intriguing counterstamped issue, and the first such emission we have encountered or been able to locate appearing at auction. According to Herbert Ives, five English Nobles carrying the mark of a pair of crossed keys were known to him in 1947, both on original and imitative hosts. Though listings from the 19th Century suggested that this countermarking program may have occurred during the twenty years of Riga's status as a Free City, Ives postulates, based on an example known on a host from Gorinchem, that such pieces may have been counterstruck during the city's siege by Gustavus Adolphus in 1621, though he also acknowledges the lack of contemporary documentation, and the possibility that countermarking had a long history in Riga independent of the political pressures at any given time. In any case, an issue of extreme rarity, and one sure to attract interest from collectors of English and Livonian coins alike.
https://coins.ha.com/itm/livonia/riga-duchy-anonymous-gold-counterstamped-ryal-nd-c-1621-au53-ngc-/p/3093-155001.s?type=DA-DMC-CoinArchives-WorldCoins-3093-10282021
HID02906262019
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Estimate: 10000-15000 USD