Danish East India 1671-GK speciedaler

Heritage sale 3089, lot 30078

This specimen was lot 30078 in Heritage sale 3089 (Dallas, TX, January 2021), where it sold for $21,600. The catalog description^[1] noted, "Denmark. Christian V Speciedaler 1671-GK AU55 NGC, Copenhagen mint, With PIETATE ET JUSTITIA ANNO MDCLXXI on edge. Danish East India Company issue. An extremely rare trade issue, struck not long after the re-chartering of the Danish East India Company in 1670, with a new focus on trade with China at Canton after the disastrous end to the ventures of the first company in India. While some slight rub atop the highest points of the design accounts for the grade, this, if anything, pairs nicely with the coin's smoky plumb patina to produce a softly aged, and highly appealing, finish. Presently the sole example certified, we note that the 1988 Harald Salvesen catalog suggested that only six examples of this type were then known, of which three are located in museums. Ex. Joseph R. Lasser Collection (CNG Triton XVIII, January 2015, Lot 1501). From the Cape Coral Collection of European Crowns." The king struck several other speciedalers for the Danish East India Company (KM 317, KM 319, KM 362, 363), all so rare as to be essentially patterns. We don't know if any actually made it to Asia.

Recorded mintage: unknown.

Specification: 28.89 g, 0.875 fine silver.

Catalog reference: KM 318 (6 known), Dav-409B, Hede-63B, Salv-21, Sieg-60.2 (R).

Source:

Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
Siegs Møntcatalog 2016: Danmark med Omrader, 48 ed., Frederikssund, Siegs Forlag ApS, 2015.
^[1]Cristiano Bierrenbach, Warren Tucker and Sam Spiegel, Heritage Auction 3089: NYINC World & Ancient Coins Platinum & Signature Auction - Dallas, featuring the Cape Coral Collection of European Crowns and the Penn Collection, Dallas, TX: Heritage Auction Galleries, 2020.

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Danish East India 1671-GK speciedaler

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