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Heritage World Coin Auctions
Signature Sale 3029  14-16 January 2014
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Lot 30044

Estimate: 14 000 USD
Price realized: 20 000 USD
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Denmark
Selections from the Eric P. Newman Collection of World Coins. Christian V gold 2 Ducats 1691-CW, KM416, Fr-154, H-27B, N-101, MS62 NGC. ex. Bruun Collection, 5/1925. An incredible rarity within the Danish series and according to Newman's envelope that accompanies the lot, one of only 7 known. While that number is certainly dated by several decades (at least), a search of modern auction sales appears to support a very limited number extant. Research shows that two examples have sold in recent times: the first, in part II of the Jens Dahl Knudsens Collection for 52,000 Krone in 2006, and the second, a similar quality specimen to the present, by Bruun Rasmussen in 2012 for 12,000 Euros. When comparing the present example to that of the Rasmussen coin, several interesting observations are made. Most interestingly, the present coin was stuck from a much earlier die state, as reverse die cracks appear faintly visible on the Newman coin, but become much bolder and more expansive on the Rasmussen coin. Could failure of the reverse die have led to this type's overall rarity? Whatever the case, the collector now has a chance to acquire a gorgeous representative, with sparkling luster that adorns the fields and full central detailing that surpasses that on the Rasmussen coin. Another landmark opportunity.Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson.

Estimate: 14000-18000 USD
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