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Heritage World Coin Auctions
Signature Sale 3029  14-16 January 2014
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Lot 30090

Estimate: 7000 USD
Price realized: 12 000 USD
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German States
Selections from the Eric P. Newman Collection of World Coins. Saxe-Altenburg. Johann Philipp & Friedrich Wilhelm II gold 2 Ducats 1638-MR, Saalfeld mint, KM349, Fr-2905, AU50 NGC. A charming type with a semi-cartoonish, yet skillfully rendered portrait of Johann Philipp facing right on the obverse with his and his brother's titles around the legends. The reverse, in typical format, holds the arms, with the date and initials of mint-master Martin Reimann (MR) divided. Incredibly rare, we have been able to locate a single other public sale for the type in the last 14 years - sold by German auctioneer Kunker in 2012 for 5,500 Euros. When comparing the condition of the two, the present coin is clearly the finer, with the strike showing much bolder throughout and leaving no areas of considerable weakness. The present coin's originality is also admirable with rich lustrous surfaces that hold vibrant orange color. Minor encrustation that haloes the devices, and is particularly noticeable within the reverse arms, ensures absolute originality. Altogether, an impressive rarity with considerable eye appeal. Very possibly the finest known.Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson.

Estimate: 7000-9000 USD
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