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NYINC Signature Sale 3037 Sess. 2-4  5 January 2015
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Lot 31046

Estimate: 30 000 USD
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Ceylon
Edward VII copper Restrike Mule Proof Set 1892 (1904-1907), 1/4 Cent (Farthing) - PR65 Brown NGC, KM100/KM901/2 Cent - PR65 Red and Brown NGC, KM101/KM91Cent - PR64 Red and Brown NGC, KM102/KM925 Cents - PR62 Brown NGC, KM-Pn8/KM93An amazing set, each denomination pairing the bust of Edward VII with an earlier reverse die used during to the reign of Victoria to produce proof coinage. All reflective, the halfcent and cent are particularly so, with mint red being more-so prevalent on these than on the 1/4 cent and 5 cent piece. Given the peculiar nature of the set, it seems likely to have been "crafted" for a high-ranking government official, or perhaps even the mintmaster himself. Presumed unique, the only comparison piece we can draw bidders to is the offering of a 1904-dated 5 cent pattern (KM-Pn8, Prid-184) sold by Spink in 2006. That coin was cataloged with the accompanying insert by well-known collector and researcher Jerome Remick who noted, "Only 2 in private hands - mine and Dick Ford. A few in museums;" it subsequently hammered for £10,500, or just over $19,500 exchange at that time. Given the obvious rarity edge this 1892 set presents (not to mention its three coin edge!), we struggle to even produce an estimate...indeed, it seems more appropriate to say, "the sky's the limit." Truly, one of the finest and most fascinating numismatic items from Ceylon extant; a unique opportunity!

Estimate: 30000-40000 USD
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