Elizabeth I gold coin is set for $36,000 auction at St James's



2015-06-26 12:23:47

Elizabeth I gold coin is set for $36,000 auction at St James's

This 16th century half-pound milled coin is expected to excite numismatists in London on May 24

A milled gold coin from the reign of Elizabeth I is among the most tempting lots for investors at St James's Auctions in London on May 24.

The half-pound specimen dates from 1561 to 1570 and depicts an extremely rare bust. A crowned shield of arms is on the reverse.

Weighing 5.56g, it contains some very light surface marks but remains close to its original state.

Struck from the shilling die, this piece is expected to achieve between 17,500 and 22,500. It last appeared at auction in 1992, when it made 4,700 at Spink.

 This rare Elizabeth I bust could achieve 22,500

The auction also includes an 1839 5 Queen Victoria gold proof, valued at 35,000, and a Henry VI gold piece estimated to be worth 8,000.

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