Venice (1779-89) 40 zecchini Fr-1426

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from the Stack's Bowers 2018 NYINC sale, lot 21136
Venice SB118-21136r.jpg
This specimen was lot 21136 in Stack's Bowers 2018 NYINC sale (New York, January 2018), where it sold for $180,000. The catalog description[1] noted,
"ITALY. Venice. 40 Zecchini, ND. Paolo Renier (1779-89). PCGS EF-45 Secure Holder. EXCEEDINGLY RARE and possibly unique. Struck with 10 Zecchini dies on a quadruple thick planchet. Doge kneeling before St. Mark, legend 'S.M. VENET. PAVL. RAINER.'; Reverse: Standing Christ in lens-shaped frame amid stars holding globus cruciger "SIT * T * XRE * DAT * TV * REGIS * ISTE * DVCAT *" (Grant, O Christ that Thou shalt Rule [the Nations]). CNI lists coins of 50, 40, 24, 18, 10, 8 and 4 Zecchini of this Doge, all of which are distinguished by this same immemorial Venetian design. All are senza sigle, without Mintmaster's name. At the time of striking, such a gigantic gold coin would have represented a significant amount of wealth even for the leading figures in the Republic for whom such over-sized Presentation coins were made. Paolucci notes the rarity as "known from two or three specimens only, or unique". The opportunity to acquire any multiple Zecchini does not present itself often let alone the chance to obtain one of this magnitude and rarity. The fact that this specimen has survived for more than 230 years is impressive in its own right. Contact marks and minor edge bumps as is common for pieces of this size and purity. A chance to attain a significant piece of numismatic history that may not occur for again for a prolonged period of time. Descended in the family of current owners Anne and Daniel Aghion."
For this doge, we also see C108 (4 zecchini), C109 (8 zecchini), C110 (10 zecchini), Fr-1430 (12 zecchini), C111 (18 zecchini), C112.1 (24 zecchini), C112.5 (30 zecchini), C114 (50 zecchini), C114.5 (55 zecchini) and Fr-1434 (zecchino).

Recorded mintage: unknown.

Specification: 138.3 g g, .999 fine gold, this specimen 139.23 gms.

Catalog reference: Fr-1426; KM C-113; Paolucci-pg. 130 #3(R6); CNI-VIII.526, 92; Papadopoli-pg. 807/8 #2; Mont-3040(R5); Gamberini-1803(R8); Nomisma-388(R5).

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • 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, John Kraljevich and Cris Chatigny, The January 2018 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Eldorado Collection of Colombian and Ecuadorian Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.

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