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Stack's Bowers & Ponterio
January 2022 NYINC Auction  14-16 Jan 2022
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Lot 1221

Starting price: 4200 USD
Price realized: 18 000 USD
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GREAT BRITAIN. Noble, ND (1351-52). London Mint; mm: -/cross pattee. Edward III. PCGS MS-63.
S-1486; Fr-89; N-1144. Fourth coinage, Pre-treaty period, series C. Weight: 7.74 gms. Obverse: Edward, holding sword and shield, standing facing in ship; banner at stern; ornaments: 1-11-11-1, ropes: 3/3, quatrefoils: 4/4, lis: 4/3; annulet stops in legend; Reverse: Ornate cross with lis at ends and Є in center; crowned lions passant in quarters; all within tressure of eight double arcs; trefoils in spandrels; annulet stops in legend. One of the most alluring examples of the type that one can hope to encounter, this choice specimen dazzles with incredible brilliance and a sharp strike that makes it feel as though it were just issued. A great opportunity for the advanced collector of British gold. Just two have been graded finer in the PCGS census.
Son of Edward II, Edward III was the longest reigning and most impactful of the English kings of the 14th century. Edward III’s reign was dominated by the conflict in France that started under his rule that would later become known as the Hundred Years War. In 1337, he declared himself the rightful heir to the French throne. This act sparked conflict that continued for nearly a century about the relationship between England and France. This monumental conflict was a costly affair, and the English treasuries were reduced greatly. The role of Parliament expanded and was clarified greatly during the reign of Edward. The first divisions between two houses, what would become the commons and lords, were delineated during his reign. Edward III outlived his son the Black Prince, and his grandson Richard II followed Edward to the throne after his death in 1377. Edward’s European adventures had nearly bankrupted England, and Parliament in 1376 used their assemblage to address grievances instead of issuing new taxes. The Gold Noble was first struck in the reign of Edward III. The financial strain the Hundred Years War caused can be seen by the ever lighter weight coinage issued by Edward, with the Noble first being 9 grams, then 8.3, and finally 7.8. To view all items from the Paul C. Runze Collection, click here.

From the Paul C. Runze Collection (purchased from Davisson's).

Estimate: $7000 - $10000
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