Great Britain 1676 guinea Fr-289

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Heritage sale 3030, lot 24112
Great Britain 1676 guinea rev H3030-24112.jpg

This specimen was lot 24112 in Heritage sale 3030 (New York, January 2014), where it sold for $30,550. The catalog description[1] noted, "Charles II gold Guinea 1676, 4th Bust, Elephant & Castle hallmark, MS62 NGC, rare grade, a coin with a beautiful obverse, the portrait endearing, the hallmark as fully struck as this cataloguer has ever seen on this type of hallmark, the king's portrait perfectly centered, surfaces glittering with luster; the reverse is just as sharp and lustrous but at the bottom may be seen some oxidized tin in the gold alloy. It would be difficult to find this coin's equal. Ex Millennia and Jacob Y. Terner Collections." 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 type is listed for 1672-84.

Recorded mintage: unknown.

Specification: 8.35 g, .917 fine gold.

Catalog reference: S-3345, KM-440.2, Fr-289.

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]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3030, featuring the RLM Collection, the Isaac Rudman Collection, the Hans Cook Collection and the Collection of Donald E. Bently, Dallas, TX: Heritage Auction Galleries, 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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