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Great Britain: George III gold Proof Pattern 2 Guineas 1777 PR63 Cameo NGC,...
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$252,000 or more
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Description
Exquisite Choice Proof Pattern 2 Guineas - The Wilson & Rasmussen Plate Coin
George III gold Proof Pattern 2 Guineas 1777 PR63 Cameo NGC,
KM-Pn56, S-3724A, W&R-81 (R5; this coin). Plain edge. By or
after Richard Yeo. A commanding rarity, this gold pattern 2 Guineas
contains all the hallmarks of a superior offering--from
near-flawless, luminescent surfaces to soaring raised elements that
are sheathed in satin perfection. The whole of the planchet is
consumed in flash, with the presence of uniform die-polish lines in
the fields and relatively few post-strike instances noted for the
designated grade. The central images are exquisite, with
crisp-edged detail creating a chiaroscuro effect throughout the
King's coiffure, highlighting the attractive contrast between the
reflective mirrors and frosted designs. Representing the final date
in this somewhat enigmatic pattern series, despite several attempts
clearly having been made to produce larger gold pieces for
circulation, no standard issue multiple guineas were struck during
George's reign. This was likely due to the severe overvaluation of
gold in 18th-century Britain, with the consequence that gold
coinage--usually only a metal seen by the well-to-do--remained as
the sole medium in use domestically while copper and silver were
sold abroad.Noted by Wilson and Rasmussen as R5 (6-10 known), this date only very rarely comes to auction, and seldom in a finer technical state of preservation, with the present offering being the sole of just 3 NGC-certified examples to have received a cameo designation. Furthermore quite clearly surpassing the Herman Selig specimen in terms of overall quality, with that collection's aim for peak quality specimens definitively revealed by a quick glance through the pages English Pattern, Trial and Proof Coins in Gold, where its contents constitute no fewer than 50 of the plated coins for the reign of George III, and of great note as such. For the high-level connoisseur of 18th century British gold patterns to say the least, this offering will undoubtedly excite.
Ex. James Perley Storer Collection (Spink-Christie's Auction 111, November 1995, Lot 219); Douglas-Morris Collection (Sotheby's November 1974, Lot 129); Vivien Hewitt Collection (purchased by Spink in 1967); Whetmore Collection (Glendining March 1943, Lot 27); Hamilton-Smith Collection (Glendining May 1927, Lot 153); H. Gaskell Collection (Glendining April 1921, Lot 217); G.W. Egmont Beiber Collection (Sotheby's May 1889, Lot 411); J. Halliburton Young Collection (Sotheby's April 1881, Lot 446)
From the Penn Collection
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