2420
Great Britain. 5 Guineas, 1726. NGC AU58
Currency:USD
Category:Coins & Paper Money / World Coins - World
Start Price:0.00 USD
Estimated At:32,000.00 - 35,000.00 USD
SOLD
32,000.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2010 Sep 21 @ 11:52UTC-7 : PDT/MST
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
Great Britain. 5 Guineas, 1726. S.3626; Fr-325. George I, 1714-1727. Obverse: Laureate head of King facing right. Reverse: Crowned cruciform shields with scepters between. Edge reads DUODECIMO TERTIO in raised lettering. Inverted obverse/reverse die axis. The King's titles British titles appear in abbreviated form, accompanied by his Hanoverian titles - 'Duke of Brunswick and Luneberg. Arch-treasurer of the Holy Roman Empire, and Elector.' A superbly well struck coin with much original luster intact under a very light tone. This coin will not have seen circulation.
There were only 4 dates of Five Guineas produced during the King's entire reign, and the Five Guineas pieces of George I are the scarcest currency pieces of any monarch. Seldom seen in grades above Very Fine, the Spink catalogue's highest grade listed for this date is a conservative £16,000 (nearly $25,000) in EF (XF). This coin is far superior to the 1726 5 Guineas in the (1994) Strauss Collection of British coins, superior to the 1726 specimen in the Samuel King (2005) Collection of Important English Gold Coins, and the 1726 Five Guineas in the Glenister Collection sale (Spink, September 2007). There was no George I Five Guineas in the Eliasberg (2205) World Gold Coin sale, nor in the Cheshire Collection (Ira and Larry Goldberg 2005). NGC graded AU-58. .
* George I was an enigmatic monarch, who was ironically born in 1660, the year when the monarchy was restored in England. A succession of European wars expanded his German domains during his lifetime and in 1708 he was ratified as Prince Elector of Hanover. At the age of 54, after the death of Queen Anne in 1714. George ascended the British throne as the first monarch of the House of hanover. Although over 50 Catholic claimants bore closer blood ties to Queen Anne, the 1701 Act of Settlement had prohibited Catholics from inheriting the British throne.
George was a pragmatist who kept Britain out of war for his entire reign. During his tenure, the power of the monarchy diminish, and by the end of the reign actual power was held by the first British Prime Minister, Robert Walpole. George died on a visit in 1727 to his native hanover, and his is buried there. 1726 was the year of the birth of Benjamin Harrison V who signed the American Declaration of Independence, and the year of the death of George I's queen, Sophia, Princess of Zelle.
Estimated Value $32,000 - 35,000.
Auction Location:
Crowne Plaza Hotel, Beverly Hills, California, 90212, United States
Previewing Details:
By appointment Only Now through September 15, 2010 9am-5pm
Open Lot viewing from September 16-19, 2010 9am-5pm
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
Will ship worldwide
Payment Details:
No Info Available
Accepted Payment Methods:
- VISA
- Master Card
- Money Order/Bank Draft
- Check/Cheque
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").
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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."
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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.
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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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