Great Britain (1660-62) double crown Fr-278

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Stack's Bowers 2023 ANA sale, lot 51039
SB823-51039r.jpg

This specimen was lot 51039 in Stack's Bowers ANA sale (Pittsburgh, PA, August 2023), where it sold for $6,000. The catalog description[1] noted, "Wholesome Double Crown from the Beginning of the Stuarts' Restoration. GREAT BRITAIN. Double Crown, ND (1660-62). London Mint; mm: Crown/-. Charles II. PCGS EF-45. Obverse: Laureate, draped, and cuirassed bust left; X (mark of value) to right; Reverse: Crowned and garnished coat-of-arms. Clearly spending some time in commerce, this VERY RARE issue nevertheless remains without issue and with fairly clear features displayed throughout. An excellent opportunity for the collector seeking a solid representative of an emission that does not often present itself in the market." Oliver Cromwell's death in September 1658 left a leadership vacuum which was quickly filled by inviting prince Charles back from exile to become Charles II. The first series of gold coins of his regime reverted to the old practice of not dating them and come in denominations of unite (Fr-275), double crown (shown here) and crown (Fr-279). When milled coinage was introduced in 1663, these denominations were retired in favor of the guinea, its fractions and multiples. The guinea would be the basis for all gold issues until the reform of 1817 and took its name from the source of the original gold, the Gulf of Guinea in west Africa.

Recorded mintage: unknown.

Specification: 4.5 g, 0.917 fine gold, this specimen 4.41 g.

Catalog reference: S-3305; Fr-278; KM-414; N-2756.

Source:

  • 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.
  • 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]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, August 2023 Global Showcase Auction, World & Ancient Coins, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

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