England (1465-66)-B rose noble Fr-132

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Goldberg sale 116, lot 1086
GB G116-1086r.jpg

This specimen was lot 1086 in Goldberg sale 116 (Los Angeles, June 2020), where it sold for $8,700. The catalog description[1] noted, "Great Britain. Bristol Ryal, ND. Edward IV, 1461-1485. Bristol B in waves (denoting Bristol mint) mint mark sun, large fleurs in spandr[e]ls. Obverse king in ship with sword and ornamental shield. Practically as struck, and very rare in any grade. NGC graded AU-55. Royal branch mints were established in Bristol, Coventry, Norwich and York, to help with the demand for coin production. Gold Ryals from the branch mints are much rarer than those produced at the London mint, and consequently of much greater value. The Bristol mint only remained open for a few years - until 1472. Edward IV set about making England profitable through foreign trade, including his own commercial ventures., to the extent that he was eventually able to make the crown solvent, rather than buried in debt as under previous kings. He did his best to make the Crown and government administratively efficient, and financially sound, but he would always spend money on his court, which was as resplendent as those in France or Burgundy." Lobel[2] notes that in the 1460's the price of gold rose to where nobles were being exported from England to the Continent. To forestall this, in 1464 the king raised the value of the noble to eight shillings four pence and introduced a new coin, the rose noble, tariffed at ten shillings. It was superseded in 1470 by the gold angel. This branch mint issue from Bristol is rather scarcer than the London issues.

Recorded mintage: unknown.

Specification: 120 grains (7.77 g), 0.995 fine gold, this specimen 7.61 grams.

Catalog reference: S.1953; Fr-132.

Source:

  • 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.
  • [2]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.
  • [1]Goldberg, Ira, Larry Goldberg, John Lavender, Yifu Che, Jason Villareal and Stephen Harvey, Goldberg Sale 116: the Pre-Long Beach Auction, Los Angeles: Goldberg Coins and Collectibles, 2020.

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