German States
Selections from the Eric P. Newman Collection of World Coins. Brunswick-Wolfenbuttel. Ludwig Rudolf Harz-gold Ducat 1732-S, KM828, Fr-680, MS62 NGC. A beautiful example of this type with light handling and few marks of note, made scarce by the source of the gold rather than the date or variety per se. The reverse includes the legend: EX AVR HERC INF, specifying the source of the gold as being in the Harz mountains. The first mining industry in the Harz centered around silver, supplying the abundant ore that powered the Imperial mint at Goslar in the High Middle Ages. Gold mining came later and produced limited quantities of ore, leading to a number of scarce issues of coinage of Hercynian origin.Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson. Krause catalog price(s) for this item: $1200 in VF, $2400 in EF, $4750 in UNC.
Estimate: 4000-6000 USD