Denmark 1699 2 ducats Fr-169

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Sincona sale 80, lot 2195

This specimen was lot 2195 in Sincona sale 80 (Zürich, October 2022), where it sold for 12,000 CHF (about US$14,382 including buyer's fees). The catalog description[1] noted,

"DENMARK | misc, Christian V. 1670-1699. 2 Dukaten 1699, Kopenhagen. Münzmeister C. Wineke. Rv. Segelschiff im Hafen von Christiansborg in Guinea (Afrika). Sehr selten. (kingdom of Denmark, Christian V, 1670-99, double ducat of 1699, Copenhagen mint. Reverse: sailing ship in the harbor of Christiansborg in Guinea (Africa). Very rare. NGC AU58.)"

This is one of several double ducats (including KM 458, 459, 460, 461) issued in 1699, all rare. It was accompanied by a single ducat (KM 453). Wikipedia comments,

"While Denmark's trading posts in India were of little note, it played an important role in the highly lucrative Atlantic slave trade, through its trading outposts in Fort Christiansborg in Osu, Ghana through which 1.5 million slaves were traded. While the Danish colonial empire was sustained by trade with other major powers, and plantations – ultimately a lack of resources led to its stagnation."

Recorded mintage: unknown.

Specification: 6.98 g, 0.979 fine gold, this specimen is 6.92 g.

Catalog reference: KM 457, Hede 54. Fr-169.

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, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Siegs Møntcatalog 2016: Danmark med Omrader, 48 ed., Frederikssund, Siegs Forlag ApS, 2015.
  • [1]Richter, Jürg, SINCONA Auction 80, World Coins and Medals, SINCONA Bullion Auction, World Banknotes, Coins and Medals from Switzerland, Zürich: SINCONA AG, 2022.

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