Heritage World Coin Auctions
ANA Signature Sale 3101 25-28 Aug 2022
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Great Britain
George II gold "East India Company" 5 Guineas 1729 AU53 PCGS, KM571.2, S-3664, Schneider-556. TERTIO edge. EIC below bust. Celebrated as not only a rare single-year type, but also as an example following the tradition of recognizing the origin of the bullion, similar to "Elephant & Castle," "Lima," and "Vigo" issues of past and future, witnessed here as "E.I.C." for East India Company. Pale gold resplendence abounds this lightly handled survivor, likely plucked from circulation not long after its production as a historically important piece. Not often a coin which is readily procured free of issues, displaying an astounding level of both clarity and brilliance for the assigned grade. Likely bound in its designation by just a minimal degree of high-point friction and scattered light surface chatter, yet doing little to affect the overall eye appeal and thus desirability of the piece at hand.
First chartered as the "Company of Merchants of London Trading into the East Indies" under Queen Elizabeth I in 1600, the East India Company eventually rose to account for half of the entire world's trade, bolstering the financial and territorial roots of the British Empire, and was an integral part of the events leading up to the American Revolution: their exemption from the tea import duties imposed on their colonial counterparts triggered the Boston Tea Party of 1773. In fact, the prominence of the EIC during this turbulent time has led some to theorize that the Stars and Stripes were based on the East India Flag, as the two bear remarkable similarities.
https://coins.ha.com/itm/great-britain/great-britain-george-ii-gold-east-india-company-5-guineas-1729-au53-pcgs-/a/3101-34223.s?type=DA-DMC-CoinArchives-WorldCoins-3101-08252022
HID02906262019
© 2022 Heritage Auctions | All Rights Reserved
Estimate: 20000-30000 USD
George II gold "East India Company" 5 Guineas 1729 AU53 PCGS, KM571.2, S-3664, Schneider-556. TERTIO edge. EIC below bust. Celebrated as not only a rare single-year type, but also as an example following the tradition of recognizing the origin of the bullion, similar to "Elephant & Castle," "Lima," and "Vigo" issues of past and future, witnessed here as "E.I.C." for East India Company. Pale gold resplendence abounds this lightly handled survivor, likely plucked from circulation not long after its production as a historically important piece. Not often a coin which is readily procured free of issues, displaying an astounding level of both clarity and brilliance for the assigned grade. Likely bound in its designation by just a minimal degree of high-point friction and scattered light surface chatter, yet doing little to affect the overall eye appeal and thus desirability of the piece at hand.
First chartered as the "Company of Merchants of London Trading into the East Indies" under Queen Elizabeth I in 1600, the East India Company eventually rose to account for half of the entire world's trade, bolstering the financial and territorial roots of the British Empire, and was an integral part of the events leading up to the American Revolution: their exemption from the tea import duties imposed on their colonial counterparts triggered the Boston Tea Party of 1773. In fact, the prominence of the EIC during this turbulent time has led some to theorize that the Stars and Stripes were based on the East India Flag, as the two bear remarkable similarities.
https://coins.ha.com/itm/great-britain/great-britain-george-ii-gold-east-india-company-5-guineas-1729-au53-pcgs-/a/3101-34223.s?type=DA-DMC-CoinArchives-WorldCoins-3101-08252022
HID02906262019
© 2022 Heritage Auctions | All Rights Reserved
Estimate: 20000-30000 USD