Great Britain 1693 5 guineas Fr-300

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CNG Triton XXVIII, lot 1101

This specimen was lot 1101 in CNG Triton XXVIII (New York, January 2025), where it sold for $13,475. The catalog description[1] noted,

"STUART (ORANGE). William III & Mary. 1688-1694. AV 5 Guineas. Dated 1693 Elephant & Castle. Second busts. In NGC encapsulation 6917299-003, graded AU Details, obv spot removed. From the Drewry Family Collection. Ex Bowers & Merena (17 September 1984), lot 5025.

In 1660, the Royal African Company was given a monopoly of English trade in West Africa with the particular aim of exploiting the gold fields of the upper Gambia River. Coins were struck at the Royal Mint with gold from these endeavors, bearing the Company’s badge of an elephant and castle (sometimes an elephant only) under the effigy of the monarch. Initially these issues were so plentiful that the new milled gold issues were given the popular name Guinea. After 1689, the Company lost its monopoly and in the 18th Century elephant and castle coins were issued more infrequently. The Royal Africa[n] Company was dissolved in 1752."

This expensive type, struck 1691-94, also comes without an elephant privy mark under the busts, indicating African gold (see Fr-299).

Recorded mintage: unknown.

Specification: 41.75 g, 0.917 fine gold, 1.23 troy oz AGW.

Catalog reference: Fr-300; KM 479.2, Bull, Gold 351; SCBC 3423.

Source:

  • 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.
  • 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.
  • [1]Gasvoda, Michael, Victor England, Eric McFadden, Dave Michaels, Bill Dalzell and Lance Hickman, Triton XXVIII, Lancaster, PA: Classical Numismatic Group, LLC, 2024.

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