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ANA Signature Sale 3101  25-28 Aug 2022
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Lot 34224

Starting price: 15 000 USD
Price realized: 36 000 USD
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Great Britain
George II gold "Lima" 5 Guineas 1746 AU53 PCGS, KM586.1, Fr-335, S-3665, Schneider-564. 41.88gm. DECIMO NONO edge. One of the more iconic representatives from all of George II's reign, this single-year type was struck from gold seized during Admiral George Anson's circumnavigation of the globe as he harassed the Spanish main on his way to the Philippines. While much more frequently encountered on silver issues with the majority of captured treasure in silver, these gold "LIMA"-stamped issues are hard to source in any designation, let alone approaching Mint State. The piece at hand displays appreciable appearances, capped by the distribution of even, gentle handling to only the highest points, yet lightly obscured by a charming ambered patination developing across both faces. A subtle hint of originality still populates the protected regions, a result of having been plucked from circulation not long after its issuance.

The hefty weight of gold used to produce this 5 Guineas of George II was part of the £500,000 in specie captured by Admiral Anson (a prominent Royal Navy officer) in his raids on Spanish treasure ships bearing gold and silver mined in Lima, Peru. On their safe return to Portsmouth, Anson was met by a cheering crowd who formed a parade all the way back to London so as to safely deposit the tons of captured Spanish ore at the Royal Mint. To celebrate their victory (and humiliate their enemies), coins made from this treasure were marked 'Lima' beneath the bust of George II, and thus a historic coinage was born.

https://coins.ha.com/itm/great-britain/great-britain-george-ii-gold-lima-5-guineas-1746-au53-pcgs-/a/3101-34224.s?type=DA-DMC-CoinArchives-WorldCoins-3101-08252022

HID02906262019

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Estimate: 30000-40000 USD
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