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Auction 49  17 Oct 2021
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Lot 106

Starting price: 290 GBP
Price realized: 18 500 GBP
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UNITED KINGDOM. George V, 1910-36.
Gold sovereign, 1917. London.
The mintage figure for 1917 is misgiving; due to World War I Britain came off the gold standard and in 1917 gold was scarce. Hence the entire mintage was retained by the Bank of England and bar a few coins they were all shipped to the US to pay for WWI debts. After passing the Gold Reserve Act in January 1934, these were all melted down, hence a very small number of coins exist today. The PCGS population report shows 20 examples, making this one of the great rarities of London mint sovereigns.
Bare head left; GEORGIVS V D.G.BRITT:OMN:REX F.D.IND:IMP:. / St George slaying the dragon right; date in exergue.
In secure plastic holder, graded PCGS MS62 , certification number 1593646.

PCGS population in this grade: 4.
PCGS population in higher grade: 12.
Reference: Fr-404b; KM-820; Marsh-219; S-3996
Mintage: 1,014,714.
Diameter: 22.05 mm.
Weight: 7.9881 g. (AGW=0.2355 oz.)
Composition: 917.0/1000 Gold.

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