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    Description

    Splendid Plain Edge Silver Proof Restrike Gunmoney Crown

    James II silver Proof Restrike "Gunmoney" Crown 1690-Dated PR65 NGC, Dublin mint(?), KM103.1a (Rare; listed as overstruck), S-6585, D&F-371, cf. Timmins-pp. 120-121 (see note 3). 20.42gm. Plain edge. Immensely captivating, and rather enigmatic as an issue, the details of the strike rendered in a pinpoint accuracy that would simply be unthinkable for the notoriously crude base metal "gunmetal" money produced during James II's exile in Ireland. Due to the need for yet further coinage felt by the Jacobite authorities in Dublin by March 1689, on April 21st 1690 (by Order No. LXXXV) a pattern crown was produced in white metal with several copper plugs. Owing to the naturally corrosion-prone nature of the metal, these pieces do not seem to have been released for circulation, with those that do survive down to the present being few and far between and almost universally found in bad condition. Timmins has reported, in response to known examples struck in silver and gold with and without edge lettering, that there is some suggestion that around the 1780s, Matthew Boulton struck crowns from the captured original dies to order at his workshop in Soho, although Spink's Standard Catalogue states that these were not produced from original dies. For his part, Timmins notes that "there is one silver crown listed in the British Museum (ref 1935,1117.716) that is listed as a silver proof."

    While this TRIVMPHO legend type is the only of these restrikes not cataloged by Spink as "extremely rare", we have been able to find no records of the type becoming available within the last 15 years, though a similar example (struck from the same dies) did appear as part of the John J. Pittman Collection, Part III (lot 3977), apparently part of a six-coin Proof set which he had acquired from Spink in 1959. This alone suggests a supreme scarcity that on many counts may seem to rival that of the original pewter pieces. Certainly achieving a new level of desirability on the basis of its fine style and execution alone, we cannot doubt that the offering, with its esteemed pedigree, will appear as a once-in-a-lifetime opportunity for collectors of the coinage of the Isles, and will demand bidders to place their best bids.

    We note that while the 1897 Montagu listing notes that this coin is from the Wakeford collection, a data point passed down on the Davissons tag included with this lot, we have not been able to locate it in Sotheby's November 1879 catalog of that sale.

    Ex. Davissons (Purchased in 2006); Glendining (October 1987, Lot 524); Montagu Collection (Sotheby's July 1897, Lot 285); Wakeford Collection
    From the Cape Coral Collection of European Crowns


    Estimate: $15,000 - $20,000.

    View all of [The Cape Coral Collection of European Crowns ]

    Auction Info

    Proxy Bidding Ends
    January
    21st Thursday 12:50 pm CT
    Auction Dates
    January
    21st-22nd Thursday-Friday
    Proxy Bidding Time Remaining
    5 Days 18h 51m 18s
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: 65
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    This lot is in: 1 - Signature® Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 30001-30293) - 1:00 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



    Current Bid:
    $14,000
    Bid Protection
    w/ Buyer's Premium (BP) : $16,800.00 Minimum Next Bid: $14,500 ($17,400.00 w/ BP)
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