LOT #31201
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Opening Bid: $75,000
Great Britain: George III gold Proof Pattern 2 Guineas 1768 PR63+
NGC,...
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Description
Beautiful Choice Proof Tanner Pattern 2 Guineas
George III gold Proof Pattern 2 Guineas 1768 PR63+ NGC,
KM-Pn49, S-3724, W&R-79 (R4), Schneider-Unl. 16.55gm. Plain
edge. By J.S. Tanner. A beautiful coin by all metrics, and
certainly among the storied rarities of the George III series and
Tanner's masterpieces. Reportedly one of a mere 11-20 specimens
known, the rarity of this piece comes by virtue of its peculiar
historical circumstances. One of only three dates that 2 Guinea
patterns were produced during George's reign, coins such as the
present represented an attempt to strike larger gold pieces for
circulation at a time when the overvaluation of British gold had
left it as virtually the only metal available domestically, while
undervalued silver and copper coins were sold abroad. Although the
Guinea's half and quarter fractions managed to fill the needs of
local smaller scale exchange, such large pieces as the proposed 2
and 5 Guineas simply retained too great of a purchasing power to be
of any practical use at home, and thus production was never
expanded beyond a handful of trial pieces. Clearly a sample that
has experienced long periods off the market, the present specimen
stands at a level only very rarely exceeded by the competition; for
instance, the Selig example, the finest certified, graded as a
PR64+★ Cameo, brought $384,000 in our August 2020 ANA sale. While
some minute cabinet wisps exist in the fields and bound the grade,
these do genuinely little to mute the offering's even mirrorlike
shimmer, with thick die polish lines and mild die rust punctuating
the reverse.
Ex. Slaney Collection (Spink Auction 3024, May 2003, Lot 1000);
Purchased from Baldwin's in 1945
Estimate: $150,000 - $200,000.
Auction Info
Proxy Bidding Ends
21st
Thursday
5:50 pm CT
Auction Dates
21st-22nd
Thursday-Friday
Proxy Bidding Time Remaining
5 Days
23h 17m 5s
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: 29
Page Views: 454
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