Bavaria (1850) gold gulden Fr-292

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from the Stacks Bowers 2018 ANA sale, lot 20555
Bavaria SB818-20555r.jpg

This specimen was lot 20555 in Stack's Bowers ANA sale (Philadelphia, August 2018), where it sold for $4,080. The catalog description[1] noted, "GERMANY. Bavaria. Goldgulden, ND (1850). NGC MS-63. Bust of Maximilian II right; Reverse: City scene, denomination above, 'S.P.Q.W.' below. Issued for Wurzburg, which was annexed by Bavaria in 1803. See also the similar Rhinegold Ducat (Fr-278) also issued in 1850. A RARE type, unlisted in the SCWC. Appearing from time to time in German auctions, but very seldom in American sales, this being the first we have offered. An amazing example thereof, this piece possessing vivid orange gold tone and intense prooflike qualities in the fields. The finest example graded at NGC. From the RSC Collection." Two types of ducat were issued in the 1850's; Fr-278, with a city view and the legend "EX AURO RHENI" (from Rhenish gold) and Fr-277, with a conventional coat of arms on the reverse. Both are scarce. One of the results of unification was the termination of separate coinages for each of the independent states, including Bavaria. No ducats were struck after 1863. Bavaria issued coins using the united empire standard in the denominations of 2, 5, 10 and 20 mark during 1871-1918 when the empire collapsed at the end of World War One. King Maximilian II ruled 1848-64.

Recorded mintage: unknown.

Specification: gold.

Catalog reference: Fr-292, unlisted in the SCWC.


  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • [1]Ponterio, Richard, Kyle Ponterio and Chris Chatigny, The August 2018 Philadelphia ANA Auction: World Coins and Selections from the El Dorado Collection of Colombian Coins, Santa Ana, CA: Stack's Bowers LLC, 2018.

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