SOLD
25,000.00USDto f****************** + buyer's premium (5,000.00)
This item SOLD at 2009 May 26 @ 20:16UTC-07:00 : PDT/MST
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Great Britain. 5 Guineas, 1684. S-3332; Fr-283; KM-444.2. Charles II, 1660-1685. Second laureate bust of King facing right, with rounded truncation. Elephant and castle below bust. Reverse: Crowned cruciform shields, scepters in angles, interlocking C's in center, lettered edge reads +. DECVS. ET. TVTAMEN. ANNO. REGNI. TRICESIMO. SEXTO.+. Highly reflective surfaces with considerable luster and great eye appeal.
Historical note: This date was the final issue of Charles II's 5-Guineas coinage. Early in the reign, a "guinea pound" in gold was worth 20 Shillings. In 1670 the intrinsic weight was slightly reduced, reflecting the fluctuating price of gold, but by 1684 the Guinea was worth 22 Shillings. Thus the value of this 5-Guineas piece was 110 Shillings. It was a literal fortune at the time! The portrait is distinctive with its long, curved truncation. It is a statement of elegance which somehow seems to suggest a conclusion to a reign marked by transition. With the various wars of the 1670s at an end, trade increased and the king's treasury swelled, allowing for the creation of coins such as this. The king had survived civil war as a youth, waged war at sea (often disastrously) but managed to conclude foreign hostilities, dallied with a host of mistresses, produced an illegitimate son whose existence threatened yet another civil war which was happily averted, lived through years of extravagance yet never managed to produce a legal heir, and despite his intellectual deficiencies out-navigated all loyal opponents in the newly emerging two-party political climate. Charles had a substantial and well-appointed army and controlled an absolutist government but had no will to rule absolutely, and thus the former power of kingship was forever diminished in his reign, the substitute being the foundation of modern parliamentary democracy. The king's main wish as titular ruler was that his brother, James, third son of their father, should succeed him, and succeed he did in the spring of 1685. King Charles II died suddenly at the age of 54. He left his mark on England as a courteous man of good humor, cultured but not especially clever, a man of dignified stature but not very good looking, an art connoisseur and a reluctant warrior, above all a survivor of the most dire of times - a restorer of the monarchy, faithful to his subjects if not to his wife, a ladies' man and a sober judge of his fellow men, remembered by one contemporary (Halifax) as having "lived with his ministers as he did with his mistresses: he used them, but he was not in love with them." NGC graded AU-55.
Estimated Value $18,000 - 22,000.
Ex: Eli Wallit Coll. lot 375. Morton & Eden 12/11/2003; The "Sylvia" Collection, through Mark Rasmussen by private treaty.
Our item number 145735
Auction Location:
Crown Plaza Hotel - 1150 South Beverly Drive, Beverly Hills, California, 90035, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
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These Terms And Conditions Of Sale Set Forth The Terms Of A Public Auction Sale Conducted In Beverly Hills, California By Ira & Larry Goldberg Coins & Collectibles, Inc., A Nevada Corporation, California Auction Bond No. 3s95453300 (Hereinafter, The "Auctioneer" Or "Goldberg").
The Terms And Conditions Of Sale, The Glossary, If Any, And All Other Contents Of This Catalog Are Subject To Amendment By Us By The Posting Of Notices Or By Oral Announcements Made During The Sale.
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Disclaimers And Warranties
All Items Offered In This Catalogue Are Guaranteed To Be Genuine.
This Is A Limited Warranty That The Item Sold Is Not Counterfeit, That Its Date Or Mintmark Has Not Been Altered And That The Coin Has Not Been "Repaired."
29. Any other warranty is expressly disclaimed; Goldberg offers no representation that a numismatic item has or has not been cleaned; that any toning is natural or artificial; that any coin will meet the standards or grade of any independent grading service; that any item has a particular provenance or pedigree, or that a numismatic item is struck or produced in a particular style. Any statement concerning such matters reflects an opinion only. Questions regarding the minting of a coin as a proof or as a business strike relate to the method of manufacture and not to authenticity.
a. The descriptions contained herein represent the Cataloger's good faith opinion, or the opinion of an independent grading service, as to the state of preservation and strike. When a grade from an independent grading service is utilized, the information is provided strictly for the convenience of the bidder by mail, telephone or facsimile. Bidders and Purchasers acknowledge that (i) grading is an art, not a science; (ii) the grades contained in the catalogue represent the opinion of the Auctioneer based upon its experience; (iii) it is possible that two people will not always grade the same items alike; and (iv) as market conditions change, grading standards change, and will most likely continue to do so in the future.
NO WARRANTY, WHETHER EXPRESSED OR IMPLIED, INCLUDING ANY WARRANTY OF MERCHANTABILITY, IS MADE WITH RESPECT TO ANY GRADE DESCRIPTION, WHICH IS MERELY AN OPINION THAT IS LIKELY TO DIFFER, EVEN AMONG EXPERTS. PURCHASER HEREBY ASSUMES ALL RISKS CONCERNING AND RELATED TO THE GRADING OF A LOT BY AN INDEPENDENT GRADING SERVICE.
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d. Bidders shall have no recourse against the Consignor for any reason whatsoever.
e. Notwithstanding anything to the contrary in these Terms and Conditions of Sale,
COINS & CURRENCY LISTED IN THIS CATALOGUE GRADED BY PCGS, NGC, ICG, SEGS, ACCUGRADE, PCI, NTC, CGA, PMG OR ANACS CACHET MAY NOT BE RETURNED FOR ANY REASON WHATSOEVER.
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Waiver and Releases:
Purchaser, for himself, his heirs, agents, successors and assigns, generally and specifically waives and releases, and forever discharges Goldberg, and its respective affiliates, parents, shareholders, agents, subsidiaries, employees, members of their respective boards of directors, and each of them, and their respective successors and assigns from any and all claims, rights, demands and causes of action and suites, of whatever kind or nature, whether in law or equity, whether known or unknown, suspected or unsuspected, which Purchaser may claim to have with respect to and/or arising out of, or in connection with any challenge to the title to any good purchased, the sale itself and/or the auction, except for reimbursement in the amount equal to any bid actually paid by Purchaser, plus any Buyer's Commission actually paid by Purchaser where such reimbursement is authorized in these Terms and Conditions of Sale. It is the intention of Purchaser that this waiver and release shall be effective as a bar to each and every claim, demand, cause of action and suit that may arise hereunder, and Purchaser hereby knowingly and voluntarily waives any and all rights and benefits otherwise conferred upon him by the provisions of the California Civil Code, which reads in full as follows:
"A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR."
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