Great Britain 1729-EIC guinea

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from Heritage sale 3097, lot 30241
H3097-30241r.jpg

This specimen was lot 30241 in Heritage sale 3097 (New York, January 2022), where it sold for $15,600. The catalog description[1] noted,

"Great Britain: George II gold "East India Company" Guinea 1729 AU53, Second young head. An attractive and lightly handled East India Company specimen decorated in pleasing amounts of underlying reflectivity laying host to mellowed golden surfaces. This collectible and ever-popular series, gaining its name from the gold supplied to the Crown by the EIC from Guinea, is seemingly exclusively weakly struck, with even advanced Mint State examples displaying comparable appearances. Regardless, this date remains completely elusive to most major collections and missing from the likes of Norweb and Montagu, with only Murdoch possessing an example. We note that the current example is currently the finest certified out of two by leaps and bounds, the other a VF; PCGS notes an MS63 in their census but has erroneously assigned it the EIC variety. From the Long Island Collection."

This type was struck 1729 and 1731-32 from East Indian gold, hence the added letters. Its catalog value is double that of the regular issue (KM 573.1). Five guineas were also struck with the "EIC".

Recorded mintage: unknown.

Specification: 8.35 g, 0.917 fine gold.

Catalog reference: KM 573.2, S-3673, Schneider-Unl., Farey-740.

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, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • 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]Cristiano Bierrenbach, Warren Tucker and Sam Spiegel, NYINC World Coins Platinum Night Auction 3097, Dallas, TX: Heritage Auction Galleries, 2021.

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