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The New York Sale
Auction 58  11 Jan 2023
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Lot 1171

Estimate: 30 000 USD
Price realized: 97 500 USD
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Great Britain. Henry VII (1485-1509). Gold Sovereign, undated. Type IV. Mint mark, Lis/Dragon (1493-1495). Seated king, with smaller head, on throne with high canopy and broad seat, holding orb and scepter. Rev. Quartered shield of arms upon blooming large Tudor rose, 15.18g (Fr 149; S.2175). Light scratches to the right of the seated king, otherwise well struck on a full flan with a hint of luster, very rare. In NGC holder graded About Uncirculated Detail (Obverse Scratched). Estimated Value $30,000 - UP
Henry's experiences with English nobility during the War of the Roses led him to mistrust them. So he worked diligently to strengthen the monarchy at their expense. Henry likewise displayed acumen in foreign affairs, he secure Papal dispensation for his son, Henry (the future Henry VIII), to marry Catherine of Aragon (whose divorce would provide a home for Protestantism, founding the new Church of England). In commerce, Henry encouraged trade, and subsidized shipbuilding, along with entering into lucrative trade agreements. Both crown and country profited under his stewardship. He moved England away from the Middle Ages, where feudal obligation was primary, to a more modern country of law and trade.
NGC Certification Number 2134789-001. Ex The Century Collection.
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