Heritage World Coin Auctions
NYINC Signature Sale 3105 9 Jan 2023
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Great Britain
George II gold "Lima" 5 Guineas 1746 AU53 NGC, KM586.1, Fr-335, S-3665, Schneider-564. DECIMO NONO edge. Among the most hotly contested types not only for Georgian gold coinage, but across British numismatics on the whole, in-part due to the fascinating history behind these "Lima" issues. Struck from gold seized during Admiral George Anson's circumnavigation of the globe as he harassed the Spanish main on his way to the Philippines. While much more frequently encountered on silver issues with the majority of captured treasure in silver bullion, these gold "LIMA"-stamped issues are hard to source in any designation or denomination, let alone a 5 Guineas approaching Mint State. An impressive survivor precluded from finer designations due to scattered handling only to the highest points of George's bust while the peripheries remain remarkably pristine. Ample flash still abounds the protected regions, adding considerable eye appeal for the grade.
The hefty weight of gold used to produce this 5 Guineas of George II was part of the £500,000 in specie captured by Admiral Anson (a prominent Royal Navy officer) in his raids on Spanish treasure ships bearing gold and silver mined in Lima, Peru. On their safe return to Portsmouth, Anson was met by a cheering crowd who formed a parade all the way back to London so as to safely deposit the tons of captured Spanish ore at the Royal Mint. To celebrate their victory (and humiliate their enemies), coins made from this treasure were marked 'Lima' beneath the bust of George II, and thus a historic coinage was born.
https://coins.ha.com/itm/great-britain/great-britain-george-ii-gold-lima-5-guineas-1746-au53-ngc-/a/3105-32209.s?type=DA-DMC-CoinArchives-WorldCoins-3105-01092023
HID02906262019
© 2022 Heritage Auctions | All Rights Reserved
Estimate: 30000-40000 USD
George II gold "Lima" 5 Guineas 1746 AU53 NGC, KM586.1, Fr-335, S-3665, Schneider-564. DECIMO NONO edge. Among the most hotly contested types not only for Georgian gold coinage, but across British numismatics on the whole, in-part due to the fascinating history behind these "Lima" issues. Struck from gold seized during Admiral George Anson's circumnavigation of the globe as he harassed the Spanish main on his way to the Philippines. While much more frequently encountered on silver issues with the majority of captured treasure in silver bullion, these gold "LIMA"-stamped issues are hard to source in any designation or denomination, let alone a 5 Guineas approaching Mint State. An impressive survivor precluded from finer designations due to scattered handling only to the highest points of George's bust while the peripheries remain remarkably pristine. Ample flash still abounds the protected regions, adding considerable eye appeal for the grade.
The hefty weight of gold used to produce this 5 Guineas of George II was part of the £500,000 in specie captured by Admiral Anson (a prominent Royal Navy officer) in his raids on Spanish treasure ships bearing gold and silver mined in Lima, Peru. On their safe return to Portsmouth, Anson was met by a cheering crowd who formed a parade all the way back to London so as to safely deposit the tons of captured Spanish ore at the Royal Mint. To celebrate their victory (and humiliate their enemies), coins made from this treasure were marked 'Lima' beneath the bust of George II, and thus a historic coinage was born.
https://coins.ha.com/itm/great-britain/great-britain-george-ii-gold-lima-5-guineas-1746-au53-ngc-/a/3105-32209.s?type=DA-DMC-CoinArchives-WorldCoins-3105-01092023
HID02906262019
© 2022 Heritage Auctions | All Rights Reserved
Estimate: 30000-40000 USD