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NYINC Signature Sale 3030  5-6 January 2014
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Lot 24351

Estimate: 10 000 USD
Price realized: 17 500 USD
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Great Britain
Victoria pattern Penny in gold 1887, by L.C. Lauer for Adolph Weyl, Peck-2171, Freeman-906 (R20, believed to be unique), WR-392 (R6: 3-5 known), reeded ("grained") edge, medal-rotation die orientation, PR62 NGC, an appealing example of this privately made pattern, bold in strike with crisp rims, and mirrorlike fields, and decidedly choice in appearance; it possesses considerable eye-appeal. Sealed in plastic slab, weight believed to be 13.15 grams. This beautiful design was apparently conceived by the German dealer Weyl, struck by the Lauer firm at Nüremberg, and offered to the Royal Mint, which declined the offer. The intention seems to have been to use the design for use both at home and in the dominions (where a crowned effigy was most employed). The initial pieces featured a Victoria Young Head obverse and were dated 1860. This version, using a copy of J.E. Boehm's portrait, was clearly intended for the golden jubilee period. The date 1887 is cleverly split to left and right of the queen's crown. No one is positive of the exact year of minting but Peck, noting that the same reverse die was used for all of the 1860 and 1887 pieces, suggests that they were all minted early in the 20th century. By 1964, Peck remained uncertain of rarity ratings but clearly stated that "very few" gold and silver pieces exist. Rarely seen, this very piece was last auctioned in London in 2007, selling for £6,800. It is now certified and should be worth more today. Locating another could prove to be difficult.From The Formosa Collection

Estimate: 10000-15000 USD
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