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    Description

    Leone X 2.5 Ducati

    Amazing Papal Rarity

    Papal States. Pope Leone X gold 2.5 Ducati ND (1513-21), Rome mint, Fr-43, Ber-628, Montuni I, 1, CNI-1, MS62 NGC. The earliest of the small group of Renaissance Papal gold coins and a seldom offered rarity. The obverse displays a bust of Pope Leone facing left, while the reverse shows the three Magi on horseback, riding left, guided by the comet. There are no significant flaws, and traces of luster remain.

    Leo X was the son of Lorenzo de Medici, head of the Florentine Republic. He was destined for an important ecclesiastical career from an early age, and formally admitted to the College of Cardinals at age 17, in 1492. He was elected Pope in 1513 after the death of Julius II. Pope Leo spent heavily and caused a financial crisis in the Vatican, but much of this money went to rebuild, and refurbish, Saint Peter's Basilica. His tenure was also marked by the beginning of the Reformation.

    Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson.




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    Auction Info

    Auction Dates
    January, 2014
    14th-16th Tuesday-Thursday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 1,594

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.

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