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Great Britain: Edward I (1272-1307) Groat (4 Pence) ND (1279-1307) AU50 NGC,...
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$28,800 or more
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Description
A Beautiful Representative of the First Groat of England
Edward I (1272-1307) Groat (4 Pence) ND (1279-1307) AU50
NGC, London mint, Variety B, S-1379b, N-1008 (VR), Fox-6.
5.70gm. Variety featuring crown with four crescents carrying pearl
ornaments, large face with flat hair, rosette in center of drapery,
and triple pellet stops. +ЄDWARDVS: D'I: GRA': RЄX: AnGL': (triple
pellet stops), crowned bust facing; rosette to left and right; all
within quadrilobe with small flower in spandrels / :DN'S | ?IBn' |
Є DVX | AQVT // LOn | DOn | IA C | IVI (triple pellet stop at
beginning of legend), long cross fleurée with trefoil in each
quarter. A highly attractive piece, featuring a strong strike and
only a few light edge cracks. Steel gray dominates the toning, but
some hints of cobalt and goldenrod are evident. Most importantly,
this wondrous specimen has survived intact without any of the
typical problems which plague the type. This large size silver
denomination was introduced under Edward I in 1279, appearing
alongside the still relatively new and redesigned long-cross Penny,
as well as the 1/2 Penny and Farthing, and it quickly proved to be
unpopular in terms of daily circulation and monetary use. However,
they were revered as decorative objects, and quite commonly covered
with a layer of gilt and/or mounted for ornamentation. Untouched
examples such as the present piece are an incredible rarity and
deserve a great deal of attention and focus, and it is a highly
interesting and important piece within British numismatics.Ex. Stack Collection (Sotheby's, April 1999, Lot 703); Christie's (February 1989, Lot 211)
From the Penn Collection
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