Denmark 1771-K krone

from Heritage sale 3097, lot 30169

This specimen was lot 30169 in Heritage sale 3097 (New York, January 2022), where it sold for $8,400. The catalog description^[1] noted,

"Denmark: Christian VII Krone 1771-K MS66 PCGS, Copenhagen mint, Struck upon Christian VII's 22nd birthday. A show-stopper in every sense of the word, and a coin which will cause all its viewers to do a double-take. While attractive, uncertified examples of the type occasionally come to market in Scandinavia, this one-year "Fødselsdags" Krone can hardly ever be said to come with such indisputably superior eye appeal as the selection on offer here. Though only represented by one other specimen in the certified population, the fact that that piece ranks as a mere F12, by comparison, is truly telling. Overlaid in a rich metallic and iridescent chroma, the planchet admits not the least imperfection, strongly reflective surfaces making Bruun Rasmussen's statement that this may be a Proof fully understandable. A prominent salt-white ring of pull-away tone creates a bull-eye effect on the obverse, zeroing in the viewer's gaze on Christian's uniquely coiffured bust. Not a coin that is likely to be equaled either in quality or aesthetic caliber, and one that must be seen in hand to be fully appreciated. Ex. Bruun Rasmussen Auction 840 (May 2013, Lot 162)."

Danish currency endured several "reforms" in the nineteenth century. Until 1813, 1 ducat = 2 speciedaler = 12 mark = 192 skilling Danske. After the reform of 1813, 1 frederiks d'or = 5 speciedaler = 10 rigsbankdaler = 960 rigsbankskilling. In 1854, the speciedaler was dropped but the remaining denominations were unchanged. In 1874, all the old denominations were terminated in favor of 1 krone = 100 øre, which system is still in use, tho the krone is no longer silver. This type is listed for 1771 only and is rare as stated.

Recorded mintage: unknown.

Specification: 18 g, 0.833 fine silver.

Catalog reference: KM 622, Dav-Unl., Hede-23, Schou-7, Sieg-16.

Source:

Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
Siegs Møntcatalog 2016: Danmark med Omrader, 48 ed., Frederikssund, Siegs Forlag ApS, 2015.
^[1]Cristiano Bierrenbach, Warren Tucker and Sam Spiegel, NYINC World Coins Platinum Night Auction 3097, Dallas, TX: Heritage Auction Galleries, 2021.

Link to:

Denmark 1771-K krone

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