Henry VII gold sovereign makes $45,000 at Spink

paulfrasercollectibles

2015-06-26 13:26:43

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Henry VII gold sovereign makes $45,000 at Spink

A Henry VII gold sovereign was the star of the September 24 coin sale

A gold sovereign from the era of Henry VII was the lead item at Spink's September 24 Indian, Islamic, British and Anglo-Gallic coins auction, selling for 28,000 ($45,029).

The coin dates from 1485-1509 and was minted on the order of King Henry VII (1457-1509). The sovereign was designed to be more valuable than any coin that had come before it, and wasmadefrom 23 carat gold.

Henry VII sovereign SpinkThe coin dates from 1485-1509

The front shows the king in full regalia, crowned and carrying an orb and sceptre, while the reverse shows the royal shield enveloped by the Tudor rose.

A Henry VIII sovereign (1509-1547) featuring much of the same details as the earlier coin also performed well, selling for 27,000 ($43,421) - well over its estimate of 15,000-20,000 ($24,123-32,149). The coin featured a light hairline crack but was otherwise in excellent condition.

All of the top selling lots were British - A Queen Mary sovereign (1553-1554) made 19,000 ($30,555),while a James II five guinea piece (1685-1688)achieved 18,000 ($28,885).

A rare Charles I half-crown dating to the English civil war, described as possibly the finest known example, sold for 10,000 ($16,042).

We have a wide range of rare coins available, including this extremely rare emergency issue Charles I shillingthat dates to 1645, and wasminted in the city of Carlisle while it was under siege during the English civil war.

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