Gibraltar 1991 50 pounds

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from Stephen Album sale 41, lot 1596
SA41-1596r.jpg

This specimen was lot 1596 in Stephen Album sale 41 (Santa Rosa, CA, September 2021), where it sold for $204. The catalog description[1] noted, "GIBRALTAR: AV 70 ecu / 50 pounds, 1991, 0.500 fineness, mintage of about 5000 pieces, Proof, S." The colony of Gibraltar fell into the clutches of the Pobjoy Mint in the 1980's and a profusion of NCLT's fills the pages of the SCWC in every imaginable metal. This type was struck 1991-94 and was probably intended to be a straight one-tenth ounce bullion coin. The "ECU", or European Currency Unit, was an early proposal for what would become the euro but never became legal tender in any country.

Recorded mintage: c. 5,000.

Specification: 6.12 g, 0.500 fine gold, 0.098 troy oz.

Catalog reference: KM-75.

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.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 41, featuring the Dick Nanta Collection of Giray Khans, Part II, the Charles Opitz Collection of Ethnographic Money, Part II, and the Allan F. Pacela Collection of Chinese Coins. Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2021.

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