Great Britain: George IV gold Proof Pattern 2 Pounds 1825 PR63 NGC,...

Description

George IV gold Proof Pattern 2 Pounds 1825 PR63 NGC, London mint, KM-Pn91, S-3799, W&R-225 (R6), plain edge variety. Extremely rare; Wilson and Rasmussen assign it a rarity rating of R6, meaning 3 to 5 specimens known, and recent auction history would seem to confirm that. The only other example of this W&R number to be sold at auction in at least a decade was one auctioned by DNW in December, 2002 where it hammered at 3,400 GBP (about $5,500). That piece, though, was described in the catalog as having "brush marks and abrasions in obverse field." The present piece, while it does have a few marks in the fields, certainly was not brushed and is actually quite above-average for 19th century British gold proofs. The DNW example was the only 1825 pattern 2 pounds that has been sold at auction in recent memory, of any variety, suggesting the extreme rarity of the type. There have been a few examples of the 1825 proof sovereign that have been sold recently, which have sold for around $15,000 each, but the 2 pounds remains quite elusive. Based on Wilson and Rasmussen's research, it would would seem that the 2 pound is a bit rarer, as they assigned the two 1825 proof shield sovereign types a rating of R5 (6-10 specimens known), while not one of the four 1825 proof 2 pounds received a rating lower than R6. This is likely a once in a lifetime chance to obtain this pattern in such a high grade.
From The Law Collection

More information about Great Britain Coins. See also: Great Britain World Coin Nationality.

View all of [The Law Collection ]

View Certification Details from NGC