Great Britain 1662 gold broad

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Ponterio sale 176, lot 20202
GB 1662 broad rev P176-20202.jpg

This specimen was lot 20202 in Ponterio sale 176 (Chicago, August 2013), where it sold for $11,162. The catalog description[1] noted, "GREAT BRITAIN. Charles II, 1660-1685. Broad of 20 Shillings, 1662. Rare Charles II Broad Laureate and draped bust right, finely styled by Thomas Simon. Rv. Crowned square topped shield. Diagnostic die breaks, particularly at the last two digits of the date. Rare. Listed with the regular issues, this coin is a precursor to the Guinea coinages (at 20 Shillings in this period), and is sometimes considered a pattern. Superbly detailed breast and hair, and bright surfaces overall. NGC MS-62. Ex: Steinberg, 1985." Oliver Cromwell's death in 1659 left a leadership vacuum which was quickly filled by inviting prince Charles back from exile to become Charles II. The first series of gold coins of his regime reverted to the old practice of not dating them and come in denominations of unite, double crown and crown. When milled coinage was introduced in 1663, these denominations were retired in favor of the guinea, its fractions and multiples. The guinea would be the basis for all gold issues until the reform of 1817 and took its name from the source of the original gold, the Gulf of Guinea in west Africa. This gold broad was struck as a pattern as the milled coinage was being organized but the denomination was not adopted.

Recorded mintage: unknown.

Specification: gold.

Catalog reference: S-3337A; North-2780; Fr-Not listed; KM-Pn32.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • 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, and Bruce Roland Hagen, Ponterio sale 176: The Thos. H. Law Collection of English Gold Coins, Irvine, CA: Stack's Bowers, LLC, 2013.
  • Lobel, Richard, Mark Davidson, Allan Hailstone and Eleni Calligas, Coincraft's Standard Catalogue of English and UK Coins, 1066 to Date, London: Coincraft, 1995.
  • Skingley, Philip, ed., Standard Catalogue of British Coins: Coins of England & the United Kingdom, 46th edition, London: Spink & Son, 2011.

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