Scotland 1598 rider Fr-44

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Stack's Bowers 2021 ANA sale, lot 41520
photo courtesy Stack's Bowers LLC

This specimen was lot 41520 in Stack's Bowers ANA sale (Costa Mesa, CA, August 2021), where it sold for $10,200. The catalog description[1] noted,

"Extremely Rare 1598 James VI Rider, SCOTLAND. Rider (5 Pound Piece), 1598. Edinburgh Mint. James VI. NGC AU-50. Seventh Coinage, Before Accession to the English Throne. An impressive specimen of utmost RARITY and eye appeal. Warm olive-gold tone is accentuated by vibrant flashes of satiny luster in the fields. The surfaces are smooth and well composed, despite scattered minor marks around the eponymous horseman. Generally well-centered on a tight flan, with curving irregularities around the edge in several areas. The top of R has been pushed off the edge at the lower obverse and most of IACOBVS is obscured.

The gold rider was issued under James VI as part of the seventh coinage, the final coinage of the 16th century. Issued sporadically from 1593 through 1601, all dates are rare but the 1598 and 1601 are considered the most elusive of this series. Neither issue is given an attribution number by Burns, though he references the British Museum specimens from each date. The famed Dundee Collection contained two gold riders, but neither of these dates. Just two examples of the 1598 issue have been traced to auction appearances over the past two decades including the LaRiviere coin (Good Very Fine) and the Stinton coin (Nearly Extremely Fine). With remarkable sharpness and strong luster, the present piece is an exceptional representative of this VERY RARE date and ranks among the finest available for public ownership. From the Loch Ness Collection."

Friedberg lists this type for 1593-95, 1598-99 and 1601; the SCWC shows only the 1601. Like most gold coins of Scotland, it is rare.

Recorded mintage: unknown.

Specification: gold.

Catalog reference: KM 18, S-5458; Fr-44; Burns-10 var. (fig. 954).

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.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • Skingley, Philip, ed., Standard Catalogue of British Coins: Coins of Scotland, Ireland and the Islands (Jersey, Guernsey, Man & Lundy), Pre-Decimal Issues, 2nd edition, London: Spink & Son, 2003.
  • Lobel, Richard, Mark Davidson, Allan Hailstone and Eleni Calligas, Coincraft's Standard Catalogue of the Coins of Scotland, Ireland, Channel Islands & Isle of Man, London: Coincraft, 1999.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The August 2021 ANA sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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