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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
    January
    21st Thursday 5:50 pm CT
    Auction Dates
    January
    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

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    This lot is in: 2 - Signature® Floor Session Platinum Night (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 31001-31326) - 6:00 PM Central Time, Thursday, January 21, 2021.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 7 days before the live session begins and continues through the session.)

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    Additional Location Info:
    Heritage Auctions
    2801 W. Airport Freeway
    Dallas, TX 75261



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    World and Ancient Coin Bibliography

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    Opening Bid:
    $75,000
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    w/ Buyer's Premium (BP) : $90,000.00 Minimum Next Bid: $75,000 ($90,000.00 w/ BP)
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