Riga 1584 ducat Fr-4

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from the Stack's Bowers 2022 NYINC sale, lot 4388
SB122-4388r.jpg

This specimen was lot 4388 in Stack's Bowers NYINC sale (New York, January 2022), where it sold for $216,000. The catalog description[1] noted, "1584 Riga Ducat of Stephen Bathori, POLAND. Riga. Ducat, 1584. Stephan Bathori. PCGS AU-50. This EXCESSIVELY RARE specimen struck at Riga is the only example to ever be certified by either PCGS or NGC. Only one record of this date and type appears to have reached auction in 2006 with that specimen being holed. Kopicki estimates that there are 2-3 known in existence, with Riga only being under formal Polish control during the reigns of Stephan Bathori and Sigismund III. These elusive pieces simply do not come to market, with this example coming from a 1937 Danish sale and remaining in Salton hands until present. This example has some light wear across the portrait on the obverse and the arms on the reverse. Patches of luster remain on the honey golden surfaces, and this piece is a beautiful problem free example. Sure to spark much interest, this beautiful and RARE piece is magnetic with lore and appeal. From the Mark and Lottie Salton Collection. Ex: Copenhagen (10/1937) Lot # 1509. Ex: Pilsen Hoard, 1914." Friedberg also notes this type for 1585.

Recorded mintage: unknown.

Specification: 3.5 g, 0.986 fine gold.

Catalog reference: Fr-4 (listed under Latvia; Rare); H-C-7216 (R7); Kop-8099 (R8); Srebra/Zlota-Unlisted; Gum-911.

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.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 NYINC Sale: World and Ancient Coins, featuring the Mark and Lottie Salton Collection and the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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