Great Britain 1682 guinea Fr-289

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Heritage sale 3029, lot 30630
Great Britain 1643 guinea rev H3029-30630.jpg

This specimen was lot 30630 in Heritage sale 3029 (New York, January 2014), where it sold for $1,880. The catalog description[1] noted, "Charles II gold Guinea 1682, 4th Bust, Elephant & Castle hallmark, VF35 NGC. A rarity in any grade. This piece shows evidence of having been used in commerce for a considerable period of time, as the wear is quite evident. The lightly toned surfaces are a bit rough but have no major marks. The distinctive hallmark, appearing beneath the royal portrait, was used on a number of gold denominations for some decades; its intention was to show that the gold specie used to make this coin originated in the colony of Guinea in Africa. Ex: 'Colonel' E.H.R. Green; Green Estate' Partnership of Eric P Newman/B.G. Johnson." 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, Stuart Levine and Bruce Lorich, Heritage World and Ancient Coins Auction 3029, featuring Selections from the Eric P. Newman Collection, Part III, 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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