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Heritage World Coin Auctions
NYINC Signature Sale 3030  5-6 January 2014
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Lot 24098

Estimate: 50 000 USD
Price realized: 37 500 USD
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Great Britain
Charles I (1625-49) gold Triple Unite 1643, of 60 Shillings, Oxford Mint, S-2727, North-2384 (very rare), Schneider-300 (same dies), longer olive branch, without scarf, Plume mm, XF Details "Repaired" NGC, a coin having excellent arms-length eye-appeal but, under a glass, much tooling is found on each side, doubtless intended to remove marks, and then a fairly skillful polishing was applied; yet the boldness of the images is undeniable, and the surfaces have taken on a pleasing golden red toning. The irony is that the coin was struck on a nearly round, excellent flan. The tooling was probably done a long time ago, before surface quality was ever an issue in coin collecting and sharpness of design ruled. So, a "fixed" coin but still very rare and historic. Recent auction prices are above $50,000 for mediocre coins and exceed $100,000 for choice examples. Bid appropriately.This classic from the English Civil War, struck at the king's temporary mint at Oxford, which served as Charles' headquarters and principal source of money from 1642 to 1646, carries not only a powerful image of the frightened, pursued king but also his famous Declaration made at Wellington in 1642 in which he extolled the Protestant religion and laws of his kingdom as well as the liberty granted to his subjects and protected by himself and his parliament. This appears on the verso side of many of his coins, in largest form on the famed Triple Unites, which carried immense "face value" and served his army by purchasing supplies for war. Unfortunately for Charles, his parliament saw things through a different lens, one without him as ruler. The king's proclamation essentially was a declaration of war against his legions of Puritan opponents and parliament's army, led by Oliver Cromwell. Oxford and the other regional mints, quickly assembled as the king moved from one fortified locale to another, served the purpose of converting gold in other forms (older coins, jewelry, plate) into coins asserting Charles's kingship, and paid out to his armies as well as to suppliers. While technically not all of these are siege coins, most pieces struck at the temporary mints met exactly the same fate -- melted in order to make newer coins after the war. Within six years of the minting of this impressive coin, Charles was captured and executed. At his demise, the ancient divine right of kings effectively ended in across the land, and upon the Restoration in 1660 England became parliamentarian in both name and power. The huge Triple Unites made of gold fared poorly. Few exist today. All are prized by numismatists as the ultimate artistic expressions in metal of their era.

Estimate: 50000-60000 USD
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