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Heritage World Coin Auctions
Signature Sale 3029  14-16 January 2014
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Lot 30306

Estimate: 20 000 USD
Price realized: 26 000 USD
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Transylvania
Selections from the Eric P. Newman Collection of World Coins. Johann Kemeny gold Ducat 1661, KM350, Fr-422, AU58 NGC. Obv. Bust right with fur hat and scepter, IOKEMEN-DG PT. Rev. Crowned arms, PAR.REG.HVN.DO.ET.SI.CO.1661. A superb example of this exceedingly rare gold ducat. The surfaces are fully brilliant, and original, with nice details and no notable flaws. We can find no examples of this type offered for sale. We find a single ducat of this ruler sold by a major European auction house (H.D. Rauch) in 2012, but that piece was Fr-423 (also graded AU by the auctioneer). The Rauch sale example was estimated for 20,000 Euros and realized 52,000 Euros. Johann Kemeny was elected as Prince of Transylvania in 1661. He ruled only for one year, as he was killed in the Battle of Nagyszollos in January of 1622. He struck coins for only a very brief period, and all are quite rare.Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson. Krause catalog price(s) for this item: $2350 in VF, $4750 in EF, $9500 in UNC.

Estimate: 20000-25000 USD
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