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Page 1: Forthcoming Auctions (A) & Coin Fairs (CF)Forthcoming Auctions (A) & Coin Fairs (CF) September 2020 (A) Auction 48 Ancient, British and Foreign Coins and Medals, Military Medals, Banknotes
Page 2: Forthcoming Auctions (A) & Coin Fairs (CF)Forthcoming Auctions (A) & Coin Fairs (CF) September 2020 (A) Auction 48 Ancient, British and Foreign Coins and Medals, Military Medals, Banknotes

Forthcoming Auctions (A) & Coin Fairs (CF) September 2020

(A) Auction 48 Ancient, British and Foreign Coins and Medals, Military Medals, Banknotes Online Only, 24 September 2020 October 2020

(A) Auction 50 The Christopher Comber Collection - Part I London, 15 October 2020

(A) Auction 51 The Reference and Working Library Formed by Christopher Comber London, 15 October 2020

(A) Auction 49 The Premier Sale London, 27 October 2020 November 2020

(A) Auction 52 Ancient, British and Foreign Coins and Medals, Banknotes, Tokens London, 18 November 2020

(A) Auction 53 London, 19 November 2020 December 2020

(A) Auction 54 London, 9 December 2020

(A) Auction 55 London, 10 December 2020 January 2021

(CF) New York International Coin Convention New York, 14-17 January 2021

(A) Auction 56 The Premier Sale New York, 17 January 2021 February 2021

(CF) London Coin Fair London, 6 February 2021

(A) Auction 57 Argentum London, 6 February 2021 May 2021

(A) Auction 58 Ancient, British, Islamic and Foreign Coins, Medals and Tokens London, May 2021 June 2021

(A) Auction 59 Ancient, British Islamic and Foreign Coins, Medals and Banknotes London, June 2021

July 2021

(A) Auction 60 Ancient, British Islamic and Foreign Coins, Medals and Banknotes London, July 2021

August 2021

(A) Auction 61 Ancient, British and Foreign Coins and Medals, Banknotes, Tokens London, August 2021

(CF) World’s Fair of Money Chicago, August 2021

(CF) Hong Kong International Coin Convention Hong Kong, August 2021

N.B: These dates are provisional only and may be subject to change. Additional dates may be added later.

For enquiries regarding direct purchase of items or inclusion in one of our auctions please contact us at [email protected]

Page 3: Forthcoming Auctions (A) & Coin Fairs (CF)Forthcoming Auctions (A) & Coin Fairs (CF) September 2020 (A) Auction 48 Ancient, British and Foreign Coins and Medals, Military Medals, Banknotes

LONDON

AUCTION 4927 October 2020

at The Baldwin’s of St James’s Library, 10 Charles II Street, St James’s, London, SW1Y 4AAat 1:00pm precisely

Danelaw, Five Boroughs, penny

Two Henry VIII sovereigns

James I rose ryal

Two James II five guineas, 1687

William & Mary, two guineas, 1694/3

Anne, two guineas, 1711

George III, Soho Mint penny, 1797, struck in gold

William IV, pattern crown, 1831

Victoria, proof five pounds, 1893

George V, proof five pounds, 1911

Portugal, Alfonso V, 15thC real grosso

Switzerland, Bern, 16thC 4 ducats

Switzerland, Zurich, 2 ducats, 1641

USA, silver dollar, 1796

Baldwin’s of St James’s Ltd., 10 Charles II Street, London SW1Y 4AA

TEL: +44(0)20 7930 7888 | FAX: +44(0)20 7839 5500 | EMAIL: [email protected]

www.bsjauctions.com

Telephone Bidding Free of Charge

Page 4: Forthcoming Auctions (A) & Coin Fairs (CF)Forthcoming Auctions (A) & Coin Fairs (CF) September 2020 (A) Auction 48 Ancient, British and Foreign Coins and Medals, Military Medals, Banknotes

Commission Bids: The easiest way to participate in our auctions is to use the commission bids form enclosed in this catalogue. Please post, fax or email your completed bid form, ensuring it arrives at least 24 hours before the auction. The auctioneer will endeavour to obtain the lot at the lowest possible price on your behalf.

Floor Bidding: Register for floor bidding on the day of the sale in the auction room. Please allow fifteen minutes for registration before you will be able to bid. Telephone bidding - free of chargeSixBid and Numisbids: Commission bids can be left via SixBid and Numisbids.

Live Internet Bidding: Bid from the comfort of your home, live over the internet at www.bsjauctions.com or via our free downloadable app - search for BSJAuctions in the app or google play store. You will be able to bid in real time, the live audio feed means you can hear the auctioneer at the same time as the floor bidders. Please note there is a 1.25% charge (+VAT where applicable) on lots purchased through Auction Mobility.

Printed by Pardy & Son (Printers) Ltd., Ringwood, United Kingdom

Auction Venue: The Baldwin’s of St James’s Library: 10 Charles II Street, London SW1Y 4AAAuction Office: Baldwin’s of St James’s : 10 Charles II Street, London SW1Y 4AALot Collection: Knightsbridge Coins : 43 Duke Street, St James’s, London SW1Y 6DD

Buyer’s Information: Please refer to the inside back cover for the complete terms and conditions. By sending Baldwin’s of St James’s bids, you are agreeing you are happy to be contacted by post, phone or email Please note that PCGS/NGC population reports were correct at the time of printing.

Methods of Payment:Personal cheques should be made payable as per the details on your invoice.Sterling transfers should be made to the account indicated on your invoice.Please include your name and invoice number when sending instructions to your bank. Please inform Baldwin’s of St James’s of your payment in order to speed up delivery of your purchases.All Company Card and non-UK card payments and are subject to a 2.5% surcharge.US$ payments are also accepted in the form of cash or cheques, please request the auction exchange rate.

Page 5: Forthcoming Auctions (A) & Coin Fairs (CF)Forthcoming Auctions (A) & Coin Fairs (CF) September 2020 (A) Auction 48 Ancient, British and Foreign Coins and Medals, Military Medals, Banknotes

Buyer’s Premium: 20% (plus VAT)

Date of Sale: Tuesday 27th October 2020 at 1:00pm Lots 1001 - 1120

Lot Viewing: by appointment only at 10 Charles II Street, London SW1Y 4AA

Order of Sale:

Ancient Coins Lot 1001Islamic Coins Lots 1002 - 1024British Coins Lots 1025 - 1086Foreign Coins Lots 1087 - 1119Banknotes Lot 1120

Cover Images Lot Number Key:

Page 6: Forthcoming Auctions (A) & Coin Fairs (CF)Forthcoming Auctions (A) & Coin Fairs (CF) September 2020 (A) Auction 48 Ancient, British and Foreign Coins and Medals, Military Medals, Banknotes

FOREWORD

Welcome to our October Premier auction where you will find a good selection of very desirable

coins, due to scarcity or condition, or both! The star of the sale is undoubtedly the 1797 Soho Mint

penny struck in gold - one of only two known original strikes, it is in exceptional condition and has

an impressive pedigree dating back to 1871. This is a rare opportunity to acquire a masterpiece of the

Soho Mint.

The comparatively small Islamic section includes a large number of rarities, in particular pieces issued

by the Abbasid rulers al-Rashid and al-Ma’mun. The first item offered among the English coins is a

Danelaw penny dating to c.890, of which the obverse and reverse dies are unrecorded; it is one of

only three of that type available to collectors. We are also offering two rare sovereigns of Henry VIII

and a very attractive rose ryal of James I. The English milled section is particularly strong in high-end

coins, among them two James II 5 guinea pieces, a 2 guineas of William and Mary, a William IV pattern

crown with raised W WYON, and proof five pound pieces of Victoria, 1893, and George V. Finally,

items of note among the Foreign coins are an Australian set comprising proof florin, shilling, sixpence

and threepence, 1934, as well as four Portuguese reals grossi, two extremely rare Swiss coins - a 4

ducats of Bern and a 2 ducats of Zurich - and an American silver dollar, 1796.

If you are unable to attend the sale, you can bid through our website www.bsjauctions.com or our app,

or leave bids via www.sixbid.com or www.numisbids.com

Stephen Fenton

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ANCIENT COINS

1001. Galerius, as Caesar (AD 293-305), argenteus, Siscia, laur. bust r., rev. VIRTVS MILITVM, camp gate, wt. 3.66gms. (S.223a; RIC.67b), certified and graded by NGC as Mint State, Strike 5/5, Surface 5/5 £550-650

ISLAMIC COINS

1002 1003

1002. Umayyad, temp. al-Walid I (86-96h), silver dirham, Abarshahr 95h, wt. 2.91gms. (Klat 96), about extremely fine, rare £250-300

1003. Umayyad, temp. al-Walid I (86-96h), silver dirham, al-Jazira 95h, wt. 2.89gms. (Klat 220), about uncirculated, very rare £1500-2000

1004 1005

1004. Umayyad, temp. Marwan II (127-132h), silver dirham, Sijistan 129h, wt. 2.82gms. (Klat 447), some original brilliance, about uncirculated and very rare £1500-2000

1005. Abbasid, al-Mahdi (158-169h), silver dirham, al-Basra 160h, citing al-Khalifa al-Mahdi and in lower reverse field the official Muhammad written vertically, wt. 2.65gms. (A.215.1 footnote 125 – RR; Lowick 1027), good very fine and very rare £250-300

ANCIENT COINS / ISLAMIC COINS

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1006. Abbasid, al-Rashid (170-193h), gold dinar, no mint (Iraq), 170h, bab in upper field, wt. 4.26gms. (A.218 for type; Bern 60), full weight, original lustre, about uncirculated and extremely rare £2500-3000

Bernardi records only two examples, one at the Egyptian National Library, Cairo and the other at the ANS, New York. Album does not list this issue.

1007 1008 1009

1007. Abbasid, al-Rashid (170-193h), silver dirham, al-Muhammadiya 190h, a presentation strike on a heavy flan with delicate fine style calligraphy and raised braided outer border, wt. 3.23gms. (A.219.2 for type), lightly toned, extremely fine and very rare £350-400

1008. Abbasid, al-Ma’mun (194-218h), Muhammad al-Ifriqi, Æ fals, Makka 204h, full shahada, Makka below, rev. in field Muhammad/-/’adl, mint and date in margin, wt. 5.47gms. (A.-; Lowick -; SICA.II -), crudely struck, fine to very fine, extremely rare £1250-1500

1009. Abbasid, al-Ma’mun (194-218h), Muhammad al-Ifriqi, Æ fals, Makka 205h, full shahada, Makka below, rev. in field Muhammad/-/’adl, mint and date in margin, wt. 6.62gms. (A.-; Lowick -; SICA.II -), struck off centre, good very fine and extremely rare £2500-3000

1010 1011 1012

1010. Abbasid, al-Mutawakkil (232-247h), small flan type dirham, Dimashq 247h, citing al-Mu’tazz as heir, wt. 2.95gms. (A.230.4), extremely fine and a very rare mint £300-350

1011. Abbasid, al-Mustansir (622-640h), silver ⅓ dirham, Irbil, undated, wt. 1.03gms. (A.-), very fine and very rare £300-350

1012. Abbasid, al-Musta’sim (640-656h), silver ⅓ dirham, without mint or date, wt. 0.95gms. (A.277A), good fine and very rare £300-350

ISLAMIC COINS ISLAMIC COINS

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1013 1014

1013. Murabitun (Almoravid), ‘Ali b. Yusuf, gold dinar, Fas 536h, citing Tashufin as heir, wt. 4.15gms. (A.466; Haz. 378), good very fine £400-500

1014. Ikhshidid, Ali b. al-Ikhshid (349-355h), silver dirham, Filastin 353h, wt. 4.02gms. (A.679; Bacharach 193), of exceptionally heavy weight, well struck, good very fine and rare £250-300

1015 1016

1015. Ayyubid, al-Nasir Yusuf I, ‘Saladin’ (564-589h), Æ dirham, constellation of the lion (Leo), no mint name, (Mayyafaraqin) 580h, wt. 11.64gms. (A.791.3 – unrecorded date), good very fine and very rare £200-250

1016. Ayyubid of the Yemen, al-Mu’izz Isma’il (593-598h), Æ fals, Ta’izz 594h, wt. 10.14gms. (A.B1094 – RRR), very fine and extremely rare £250-300

1017. Ayyubid of the Yemen, al-‘Adil Abu Bakr (627-631h), silver dirham, Makka 631h, wt. 2.06gms. (A.1098.2), extremely fine and very rare £800-1000

1018. Saffarid, Intermediary Rulers, Kuthayyir b. Ahmad (c. 305-306h), silver medallion-style dirham, Sijistan 306h, wt. 5.67gms. (A.1408), struck on a very broad, heavy flan, full die strikes on obverse and reverse, good extremely fine and very rare £1250-1500

ISLAMIC COINS ISLAMIC COINS

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1019 1020 1021

1019. Buwayhid, Abu Kalijar (415-440h), gold dinar, ‘Uman 432h, wt. 5.06gms. (A.A1584), well-centred even strike, very fine £350-400

1020. Kakwayhid, ‘Ala al-Dawla Muhammad (398-433h), gold dinar, Saburkhwast 427h, wt. 3.46gms. (A.1590), reverse double struck, otherwise good extremely fine, rare £500-600

1021. Amir of Wakhsh, Abu Bakr Qaratuz (fl. 590s-609h), gold dinar, Wakhsh 603h, wt. 4.50gms. (A.1754), good very fine, rare £350-400

1022. Ilkhanid, Abu Sa’id (716-736h), gold dinar, type H, al-Basra 735h/Khani year 34, wt. 8.42gms. (A.2216; Diler p. 474), good very fine and rare £600-800

1023. Ottoman Turkey, Mahmud I (1143-1168h), silver kurush, Gumushane 1143h, wt. 25.80gms. (KM.212; Pere 568), a soft but unusually even strike, lightly toned, extremely fine, very rare £800-1000

1024. Hejaz, al-Husain ibn Ali (1334-1342h), first regular coinage, Æ 1, ½, ¼, ⅛ piastre, 1334/5h (1919), struck at Makka, reeded edge (KM.24, 23, 22, 21), all with traces of original lustre, uncirculated and rare (4) £1500-2000

A complete presentation set with a stamped envelope ‘Consolato D’Italia in Gedda’.

ISLAMIC COINS BRITISH COINS

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BRITISH COINS

1025. Danelaw, Five Boroughs, penny, imitation of London Monogram type A of Alfred the Great, c.890, moneyer not named, coarse style, type E, XLƎF D’ EDREX, F inverted, diademed bust r., rev. monogram with inverted N and L, wt. 1.30gms. (MacKay Danelaw E, obverse similar to coin 5.1, die combination 5, O5/R5 – see plate 6, no. 95; S.964; cf. N.463), peck marks on reverse, face not struck up, extremely fine, extremely rare £16,000-20,000

Found 2020, recorded with the Fitzwilliam Museum, Cambridge, EMC 2020.0234.

This coin belongs to a group of coarse-style Viking imitations of the London-issued Monogram coins of Alfred the Great, struck in the Danelaw c.885-90. MacKay, in his Corpus of London Monogram Coins of Alfred the Great and the Danelaw (BNJ 89, 2019), noted fourteen examples of Danelaw E pence struck from twelve die combinations. Of these, twelve are in institutional collections and this new coin is one of just three of this type available to collectors.

This new coin adds another die combination with neither the obverse nor reverse die recorded. Die duplication in the Danelaw imitation series is unusual. The majority of Danelaw E coins, nine, derive from the Cuerdale 1840 hoard. A.single coin, MacKay Danelaw E, coin 5.1, BMA.445, derives from the Stamford 1902 hoard, with deposition c.890. The obverse of this is of a similar style, but not from the same die as this new coin. This, and the presence of a similar coin in the Stamford 1902 hoard, suggests this new coin is from the same source of production and this allows the coin to be attributed to the North East Midlands/Lincolnshire and dated to c.890.

ISLAMIC COINS BRITISH COINS

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1026. Edward III, fourth coinage, treaty period (1361-1369), noble, London, group A, king with sword and shield

stg. facing in ship, saltire (indistinct) before EDWARD, below the fold of the sail, rev. ornate cross, E in centre, wt. 7.8gms. (S.1502; N.1231; Lawrence 1; Schneider 75), a well-struck example, nearly extremely fine £3000-4000

1027. Edward IV, first reign, light coinage (1464-1470), ryal, continental imitation of London type, king with

sword and shield stg. facing in ship, E on banner at stern, rev. rose upon radiate sun in centre of ornate cross, wt. 7.57gms. (S.1952), practically extremely fine, on a full round flan £2500-3500

BRITISH COINSBRITISH COINS

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1028. Henry VIII, second coinage (1526-1544), sovereign, mm. lis over sunburst/lis, crowned figure facing, of king seated on narrow throne, flanked by two pillars, portcullis at feet, holding ornate sceptre in r. hand and orb in l., saltire stops in legend, rev. shield of arms at centre of full-blown rose, double tressure, saltire stops, wt. 15.34gms. (S.2267; N.1782; Schneider 570, same obverse die/ 571, same reverse die), a fine crack follows the line of the sceptre, good very fine with strong portrait and details, rare £32,500-37,500 *ex Spink Auction 13014, 24-25 September 2013, lot 539

BRITISH COINSBRITISH COINS

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1029. Henry VIII, third coinage (1544-1547), sovereign, Tower mint, type II, mm. small lis both sides, king seated facing, on wide throne, with high curved back and angel supporters, Tudor rose below, rev. crowned shield with lion and griffi n supporters, HR below, no A in TRANSIENS, wt. 12.72gms. (S.2290; N.1824; Schneider 608, same dies), very fi ne and rare £22,000-26,000*ex Spink Auction 14006, 22 September 2014, lot 53

BRITISH COINS BRITISH COINS

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1030. Elizabeth I, seventh issue, crown, mm. 1 (1601-1602), crowned bust l., with orb and sceptre, rev. shield of arms over long cross fourchée (S.2582; N.2012), certified and graded by NGC as Fine 12 £450-650

1031. James I, second coinage, unite, mm. rose (1605-1606), crowned second bust r., holding orb and shouldering sceptre, rev. crowned shield of arms, IR at sides (S.2618; N.2083), certified and graded by PCGS as Genuine, Tooled - About Uncirculated Details £1800-2000

BRITISH COINS BRITISH COINS

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1032. James I, third coinage, rose ryal, mm. spur rowel (1619-1620), crowned figure of king enthroned facing slightly to l., holding orb and sceptre, feet resting on portcullis, throne with ornamented back, rev. long cross fourchée over shield of arms, mark of value above, all within ornate border with lis, leopards and roses around, wt. 12.25gms. (S.2632; N.2108; Schneider II, 77, same dies), slightest of crease marks, a full and well-centred coin, good very fine £24,000-28,000 *ex Spink Auction 14006, 22 September 2014, lot 321

BRITISH COINSBRITISH COINS

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1033. Charles I, Turo mint (1642-1643), crown, mm. rose, crowned king on horseback l., brandishing sword, king’s sash in two loose ends and he looks forward, rev. round garnished shield of arms (S.3045; N.2531), certified and graded by NGC as Very Fine 25 £600-800

1034. Charles II, shilling, 1674, laur. bust r., plume below, rev. crowned cruciform shields, interlinked Cs in angles, plume in centre (S.3376; ESC.1040), certified and graded by NGC as Extremely Fine Details, Cleaned £2000-3000

1035. Charles II, sixpence, 1681, laur. bust r., rev. crowned cruciform shields, interlinked Cs in angles (S.3382; ESC.1520), toned, extremely fine £350-450

BRITISH COINSBRITISH COINS

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1036. James II, five guineas, 1687, TERTIO, second laur. bust l., rev. crowned cruciform shields, sceptres in angles (S.3397A), certified and graded by NGC as About Uncirculated 55 £20,000-25,000

BRITISH COINS BRITISH COINS

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1037. James II, fi ve guineas, 1687, TERTIO, elephant and castle, fi rst laur. bust l., elephant and castle below, rev. crowned cruciform shields, sceptres in angles (S.3398), certifi ed and graded by NGC as About Uncirculated 53 £25,000-35,000

BRITISH COINS BRITISH COINS

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1038. William and Mary, two guineas, 1694/3, conjoined laur. busts r., rev. crowned shield of arms (S.3424), certified and graded by NGC as Mint State 63 £30,000-40,000

Almost never seen in this grade.

BRITISH COINSBRITISH COINS

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1039. William and Mary, halfcrown, 1690, SECVNDO, no stop after date, second V of GVLIELMVS over S, reads GRETIA in error, conjoined laur. busts r., rev. second crowned shield of arms (S.3435; ESC.514; Bull 848), light scratch on king’s head, otherwise practically as struck, extremely rare in this grade £3750-4750 *ex Baldwin’s vault

1040. William III, crown, 1695, OCTAVO, first laur. and dr. bust r. rev. crowned cruciform shields (S.3470; ESC.87; Bull 991), good very fine or better £500-600 *ex Glendining, 7 February 1977

BRITISH COINSBRITISH COINS

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1041. William III, fi ve guineas, 1701, D. TERTIO, ‘fi ne work’, second laur. bust r., rev. crowned cruciform shields, ornamental sceptres in angles (S.3456), certifi ed and graded by NGC as Mint State 61 £50,000-60,000A rare type.

BRITISH COINS BRITISH COINS

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1042. Anne, two guineas, 1711, dr. bust l., rev. crowned cruciform shields, sceptres in angles (S.3569), certifi ed and graded by PCGS as Mint State 63 £30,000-40,000

The fi nest we have seen.

BRITISH COINS BRITISH COINS

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1043. Anne, half guinea, 1713, dr. bust l., rev. crowned cruciform shields, sceptres in angles (S.3575), certified and

graded by NGC as About Uncirculated 53 £1500-2000

VERY RARE GEORGE I GUINEA VARIETY WITH ARMS OF HANOVER AT DATE

1044. George I, guinea, 1716, fourth laur. head r., rev. crowned cruciform shields, sceptres in angles, rotated by 90 degrees clockwise (S.3631), a few surface marks, otherwise fine £6000-8000

An extremely rare type with the arms of Hanover at the date, as opposed to their usual placement. Only a couple of examples is known and it does not appear in the Schneider Collection.

BRITISH COINSBRITISH COINS

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1045. George II, five guineas, 1753, V. SEXTO, old laur. head l., rev. crowned shield of arms (S.3666), certified and graded by NGC as About Uncirculated 58 £25,000-35,000

1046. George II, half guinea, 1759, old laur. head l., rev. crowned shield of arms (S.3685), certified and graded by NGC as Mint State 61 £1500-2200

BRITISH COINSBRITISH COINS

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MAGNIFICENT SOHO MINT 1797 PENNY STRUCK IN GOLD

BRITISH COINS BRITISH COINS

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1047. George III, proof penny, 1797, struck in gold, by C. H. Küchler, late Soho, thin flan (2.5mm.), wt. 39.11gms., small laur. and dr. bust r., 10 leaves, 2 berries (upper recut), rev. Britannia seated l. on rock, single incuse dot, ship of three masts at sea in distance, plain edge (S.3777; P.1111 [KP15]; WR.158), a splendid coin in full brilliance, virtually as struck in mint condition, universally rated R6, possibly four known £100,000-125,000 *ex Capt. F. Parr, Puttock and Simpson, 14-15 August 1871 J. Marshall, Sotheby, 13 August 1875, lot 62 S. Addington, purchased by H. Montagu, 1883 H. Montagu, Spink reference, section George I to Victoria, 1890, #571 J. G. Murdoch, part III, Sotheby, 31 March 1903, lot 213 G. Simmons, Glendining, 27 March 1946, lot 93 Maj. Gen. E. H. Gouldburn, Christie’s, 27 November 1962, lot 320 Ridgemount Collection, Spink auction 69, 20 April 1989, lot 357 Nimrod Collection

This magnificent coin represents the finest possible presentation of the coinage that ushered in the modern era of British coinage. Normally this style of penny is seen in copper or bronzed copper state, the best of those being proofs made by the Soho Mint for collectors. In gold, the design is breathtaking. The question arises of why it exists, why any were struck in gold. There appears to be no evidence, aside from the coin itself, that its purpose was exactly as stated above—a special presentation—made on order by Matthew Boulton for an otherwise unknown reason. Boulton was clearly grateful to members of the Privy Council’s Committee on Coinage which, after seeing samples of earlier patterns made by the Soho Mint, recommended in March 1797 that King George III or his regent should instruct his government to enter into a contract with Boulton and Watt, owners of the Soho manufactory, to mint coppers that would defy counterfeiting.

The historical setting is well known but bears repeating here. Copper coins had not been produced since the Royal Mint issues of the 1750s and 1770s, which created a surfeit of the smallest pieces of money that was not exhausted for nearly half a century. The problem, though, was that copying the genuine coins was not difficult, and by 1787 the Mint reported that only 8 per cent of the coin then in circulation ‘had some tolerable resemblance to the king’s coin’ (noted Peck, p. 214). The passage of stricter laws was to no avail because it was nearly impossible in court to prove that samples of fake coins were made by those accused of making them; consequently, the copiers produced what was called ‘swarms’ of fake farthings and halfpennies (often made from melted real coppers using diluted metal). The seemingly inevitable result was the issuing of private tokens by tradesmen, most manufactured in Birmingham and of good copper. Most were handsome halfpennies but none had any official value. While the numerous counterfeits were generally traded by the public, it was clear to the government that a real solution needed to be reached. It was at this point that the Privy Council engaged the Soho Mint. Boulton stated that his manufactory could produce coins larger than halfpennies, of fine quality, and impossible to counterfeit, even though no larger denomination had ever been issued in copper, the reason being the difficulty of making lasting dies. The Royal Mint argued in favour of only making farthings and halfpennies. The Coinage Committee, however, countered, recommending that Soho should be directed to make the larger denominations which they had suggested—pennies and even two-penny pieces—so as not to drive the two smaller denominations out of circulation until Soho had proven itself capable of meeting its intentions. To frustrate any naysayer in the government who might seek to deny his application, Boulton even went a step further, promising to deliver his coins (for a fee) in casks across the kingdom, whereas the Royal Mint had always provided them to merchants and banks only at the Tower. The result was the creation of the first-ever, now-famous copper penny in 1797, as well as the massive twopence. Minting began in June 1797, with the first pennies appearing in July 1797 and twopences dated 1797 being released in January 1798. All deliveries of the new coins were completed by August 1799. While the new copper pennies were instantly pleasing and impressive, the double-sized two-penny coins seemed mostly to exist as advertisements of Soho’s capabilities, yet many entered commerce. The quality of the new coinage was undeniable; the coins were eagerly accepted and used by the public, even the big twopences. At the same time as the last delivery was made, the coinage committee recommended that Soho should also strike new farthings and halfpennies—the workhorse coins of commerce. Halfpennies and farthings were produced in larger quantities but did not appear in commerce for another two years. All quickly replaced the old-style copper issues of the Royal Mint, and stopped the counterfeiting. These ventures of the Soho Mint revolutionized the nation’s most used money.

We do not know if this gold proof penny, as the first of its kind ever made in Great Britain, was given to a member of Parliament or of the Coinage Committee, or even to someone in or close to the royal family, but it is a distinct possibility as its provenance has not been traced, yet, earlier than 1871. What a joy it would be to discover this lost fact!

There are four specimens, of which two are Taylor restrikes and two are late Soho, of which this is by far the finer. The other example was in the Farouk sale and is in fine condition, having been used as a pocket piece.

BRITISH COINS BRITISH COINS

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1048. G George III, guinea, 1813, sixth laur. head r., rev. crowned shield of arms within Garter (S.3730), certified

and graded by NGC as About Uncirculated 58 £4000-6000 Known as the ‘military’ guinea, this was used as payment to the troops. A.most attractive coin and scarce these days.

1049. G George III, proof half guinea, 1813, seventh laur. head r., rev. crowned shield of arms within Garter

(S.3737), certified and graded by NGC as Proof 64 £4250-4750 *ex Baldwin’s vault

Not listed in the Standard Catalogue or W&R as a proof issue.

1050. George III, third guinea, 1798, first laur. head r., rev. crown, date in legend (S.3738), certified and graded by

PCGS as Mint State 63 £500-700

Only one example is graded higher by PCGS, and one of only three examples graded MS63.

1051. George III, quarter guinea, 1762, laur. head r., rev. crowned shield of arms (S.3741), certified and graded by PCGS as About Uncirculated 58 £600-800

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1052 1053

1052. George III, halfpenny, 1770, laur. and cuir. bust r., rev. Britannia std. l., with shield and spear (S.3774), certified and graded by NGC as Mint State 64 Brown, a sparkling gem £300-500 *ex Baldwin’s vault

1053. George III, halfpenny, 1771, laur. and cuir. bust r., rev. Britannia std. l., with shield and spear (S.3774), certified and graded by NGC as Mint State 63 Brown £200-300 *ex Baldwin’s vault

1054 1055

1054. George III, farthing, 1773, laur. and cuir. bust r., rev. Britannia std. l., with shield and spear (S.3775), certified and graded by NGC as Mint State 63 Brown £200-300 *ex Baldwin’s vault

1055. George III, farthing, 1774, laur. and cuir. bust r., rev. Britannia std. l., with shield and spear (S.3775), certified and graded by NGC as Mint State 63+ Brown £200-300 *ex Baldwin’s vault

1056 1057

1056. George III, crown, 1820, LX, laur. head r., rev. St. George and dragon (S.3787; ESC.219; Bull 2016), about uncirculated £500-600 Purchased from Spink, 1991.

1057. George III, halfcrown, 1817, laur. head r., rev. crowned shield within Garter (S.3789; ESC.618; Bull 2096), attractively toned, about mint state £450-500 *ex D. F. Alder collection, with old ticket inscribed ‘Seaby 3/1/56 40010 3781 75/-

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1058. George IV, crown, 1821, SECUNDO, laur. head l., rev. St. George and the dragon (S.3805; ESC.246; Bull 2310), some light toning around edge, prooflike, extremely fine or better £500-700

1059. William IV, pattern crown, 1831, bare head r., raised W. WYON on truncation, rev. crowned shield of arms over mantle, edge plain (S.3833; ESC.273; Bull 2460; L&S.3), certified and graded by PCGS as Proof 63 £25,000-35,000

This is the scarcer of the two types and books at £45,000.

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1060. William IV, groat, 1836, bare head r., rev. Britannia std. r., with shield and trident (S.3837), certified and graded by NGC as Mint State 65, scarce in this grade £150-250 *ex Baldwin’s vault

1061. G Victoria, sovereign, 1838, young head l., rev. crowned shield of arms within wreath (S.3852), certified and graded by PCGS as About Uncirculated 50 £1750-2750 The first year of issue and scarce in this high grade.

1062. G Victoria, half sovereign, 1859, young head l., rev. crowned shield of arms (S.3859A), certified and graded by NGC as Mint State 62, scarce £650-850

BRITISH COINS BRITISH COINS

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1063. G Victoria, five pounds, 1887, ‘Jubilee’ bust l., rev. St. George and the dragon (S.3864), certified and graded by PCGS as Mint State 63+ £3000-4000 Scarce in this grade and, in the opinion of the current cataloguer, it seems undergraded.

1064. G Victoria, five pounds, 1887, ‘Jubilee’ bust l., rev. St. George and the dragon (S.3864), certified and graded by PCGS as Mint State 62, choice £3000-3500

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1065. G Victoria, two pounds, 1887, ‘Jubilee’ bust l., rev. St. George and the dragon (S.3865), certified and graded by NGC as Mint State 64, scarce in this grade £1400-1800

1066. G Victoria, two pounds, 1887, ‘Jubilee’ bust l., rev. St. George and the dragon (S.3865), certified and graded by NGC as Mint State 63 £1000-1250

1067. G Victoria, proof sovereign, 1887, ‘Jubilee’ bust l., rev. St. George and the dragon (S.3866B), certified and graded by PCGS as Proof 63 Cameo £3000-4000

BRITISH COINSBRITISH COINS

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1068. G Victoria, proof five pounds, 1893, veiled bust l., rev. St. George and the dragon (S.3872), certified and graded by PCGS as Proof 65 Deep Cameo £60,000-80,000

A.superb piece.

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1069. G Victoria, proof two pounds, 1893, veiled bust l., rev. St. George and the dragon (S.3873), certified and graded by PCGS as Proof 66 Cameo, scarce £6000-8000 One of only three graded by PCGS in this high grade.

1070. G Victoria, proof two pounds, 1893, veiled bust l., rev. St. George and the dragon (S.3873), certified and graded by PCGS as Proof 64 Cameo £4500-5500

1071. G Victoria, proof sovereign, 1893, milled edge, veiled bust l., rev. St. George and the dragon (S.3874; W&R.341), certified and graded by PCGS as Proof 64+ Deep Cameo £3000-4000

BRITISH COINS BRITISH COINS

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1072 1073

1072. Victoria, proof crown, 1847, UNDECIMO, ‘Gothic’ bust l., rev. crowned, cruciform shields (S.3883; ESC.288; Bull 2571), polished and starting to retone, otherwise uncirculated £2500-3000

1073. Victoria, proof crown, 1847, UNDECIMO, ‘Gothic’ bust l., rev. crowned, cruciform shields (S.3883; ESC.288; Bull 2571), light scratches behind portrait, otherwise about uncirculated £1500-2000

In old John Pinches case.

1074. Victoria, proof crown, 1887, ‘Jubilee’ bust l., rev. St. George and the dragon (S.3921; ESC.297; Bull 2586), certified and graded by PCGS as Proof 64+ Cameo £3500-4500 *ex Bruno Mantegazza ex Baldwin’s vault

1075. Victoria, Smith’s pattern cent in copper, 1846, by Marrian & Gausby, Birmingham, young head l., rev. 1 CENT, SMITH ON DECIMAL CURRENCY around, date below (P.2086), unevenly toned in places, otherwise good extremely fine with almost full lustre £450-500 *ex Baldwin’s Auction 69, 3 May 2011, lot 645

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1076. G Edward VII, matt proof set, 1902, five pounds to Maundy penny, lacking half sovereign, bare head r., rev. various (S.PS9), in original case of issue, FDC (12) £4000-4500

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1077 1078

1077. G Edward VII, two pounds, 1902, bare head r., rev. St. George and the dragon (S.3967), certified and graded by NGC as Mint State 62 £1000-1500

1078. Edward VII, florin, 1905, bare head r., rev. Britannia standing (S.3981; ESC.923 [R2]; Bull 3581), almost extremely fine, rare £600-650 The key date.

1079. G George V, proof five pounds, 1911, bare head l., rev. St. George and the dragon (S.3994; W&R.414), certified and graded by PCGS as Proof 65 £20,000-30,000

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1080. G George V, proof five pounds, 1911, bare head l., rev. St. George and the dragon (S.3994), certified and graded by PCGS as Proof 63 £10,000-12,000

1081. G George V, proof two pounds, 1911, bare head l., rev. St. George and the dragon (S.3995), certified and

graded by PCGS as Proof 65 Cameo £3000-4000

1082 1083

1082. George V, proof crown, 1935, bare head l., rev. St. George and the dragon (S.4050), certified and graded by NGC as Proof 64+ Ultra Cameo £800-1000

1083. G George VI, proof two pounds, 1937, bare head l., rev. St. George and the dragon (S.4075), certified and graded by PCGS as Proof 65 Cameo £2000-3000

BRITISH COINSBRITISH COINS

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1084. G George VI, proof sovereign, 1937, bare head l., rev. St George and the dragon (S.4076), certified and graded by PCGS as Proof 66 Cameo £3000-3500 Scarce in this high grade.

1085. G George VI, proof half sovereign, 1937, bare head l., rev. St. George and the dragon (S.4077), certified and graded by PCGS as Proof 65 £600-800

1086. G Education, Harrow School, the Joseph Neeld gold medal, for the ‘Best proficient in Mathematics’, by L. C. Wyon, and awarded 1853 to Coutts Trotter (1837–1887), head of Joseph Neeld l., … SCHOLAE HARROVIENSIS CUSTOS ATQUE GUBERNATOR, rev. legend within olive wreath, DILIGENTIAE IN STUD. MATHEMAT. PRAEMIUM…, named and dated on edge, wt. 65.5gms.; 45.5mm. (BDM. VIII, 299, listed as 1854; not listed by Philip Attwood, Hard at Work, 2014), scuffed and edge bruised at 11 – 12 o’clock, better than very fine with much brilliance, very rare £2500-3000

Joseph Neeld (1789–1856), was MP first for the rotten borough of Gatton, Surrey [1830], then for Chippenham, Wilts. [1832-1856]. He was educated at Harrow and became a Governor. His wealth, from an £800,000 inheritance from the silversmith Philip Rundell, his great uncle, contributed to two scholarships a year for £30 to run for three years that he founded in 1840. In 1851 he established a gold medal for the ‘Best proficient in Mathematics’. It was first awarded the following year and Coutts Trotter was the second recipient in 1853. Coutts Trotter became a Lyon Scholar in 1854. Coutts Trotter (1837-1887), a physicist and academic administrator, attended Trinity College Cambridge where, later, he was appointed Vice-Master, in 1885. (Further biographical details are sold with the lot).

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FOREIGN COINS

1087 1088

1087. G Australia, Victoria, sovereign, 1870, Sydney mint, laur. head l., rev. AUSTRALIA within wreath, crown above (KM.4; Fr.10), practically mint state, choice £1250-1300

1088. G Australia, Victoria, sovereign, 1870, Sydney mint, laur. head l., rev. AUSTRALIA within wreath, crown above (KM.4; Fr.10), about uncirculated £800-900

1089. Australia, George V, florin, 1919M, crowned bust l., rev. shield of arms with supporters (KM.27), has been lightly wiped, toned, about mint state £550-650

1090. Australia, George V, proof florin, shilling, sixpence, threepence, 1934, crowned bust r., rev. shield of arms with supporters (KM.27, 26, 25, 24), all certified by NGC, the sixpence graded Proof 65, the others graded Proof 64, very scarce (4) £17,500-19,500

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1091. G Austria, Franz I, 4 ducats, 1830A, Vienna mint, laur. bust r., rev. double-headed eagle (KM.2178; Fr.462; Frühwald 22; Herinek 39), certified and graded by NGC as Uncirculated – Details – Obv. Cleaned £5000-6000 The cataloguers are unable to see evidence of the obverse cleaning.

1092 1093

1092. Austria, Franz I, thaler, 1826B, laur. bust r., rev. crowned double-headed eagle, shield on breast (KM.2163; Dav.9), certified and graded by NGC as Mint State 63, lovely brilliant uncirculated and as fresh as the day it was made £300-350

1093. Canada, George VI, dollar, 1948, bare head l., rev. voyageur, date and denomination below (KM.46), certified and graded by NGC as About Uncirculated Details, Surface Hairlines, very rare £500-600

1094 1095

1094. China, Republic, dollar, 1914, bust of Yuan Shih-kai l., rev. two characters within wreath (KM.Y329; L&M.63), certified and graded by NGC as Mint State 63 £250-350

1095. China, Republic, dollar (1927), variety with six-pointed stars flanking MEMENTO, bust of Sun Yat-sen l., rev. MEMENTO BIRTH OF REPUBLIC OF CHINA, Chinese characters within sprays (KM.Y318a; L&M.49; Kann 608), certified and graded by NGC as Mint State 64+ £400-500

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1096 1097

1096. China, Republic, dollar (1927), variety with six-pointed stars flanking MEMENTO, bust of Sun Yat-sen l., rev. MEMENTO BIRTH OF REPUBLIC OF CHINA, Chinese characters within sprays (KM.Y318a; L&M.49; Kann 608), certified and graded by NGC as Mint State 63 £350-400

1097. Colombia, Republic, 16 pesos, 1842RS, Bogota, dr. bust l., rev. condor with banner above shield of arms (KM.94.1; Fr.74), certified and graded by NGC as Mint State 61 £1000-1500

1098. East Africa, Victoria, pice, 1898, crowned head l., rev. value within ornate cartouche (KM.1), certified and graded by NGC as Mint State 62 Brown £300-400 *ex Baldwin’s vault

Only two examples graded higher by NGC.

1099 1100

1099. France, Louis XIV, écu à la mèche longue, 1651A, Paris, bust r., rev. crowned shield of arms (KM.155.1; Gad.202), good surfaces, lightly toned, good very fine £300-350

1100. Germany, Brunswick-Lüneburg, George III, thaler, 1769, crowned arms, rev. St. Andrew with cross, I.W.S. below (KM.343; Dav.2104), a couple of light adjustment marks on reverse, extremely fine £300-340

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1101. Guatemala, Carlos III, 4 reales, 1768P, crowned shield of arms, rev. crowned globes between pillars (KM.26), good very fine £300-350

1102. Guatemala, Ferdinand VII, 4 reales, 1815/4NG, assayer M, laur. bust r., rev. crowned arms between pillars (KM.68), lightly toned with original lustre, certified and graded by NGC as About Uncirculated 58 £350-400

1103 1104

1103. Hong Kong, Victoria, mil, 1866, value in Chinese, rev. central hole within square divides date (KM.3), certified and graded by PCGS as Mint State 65 £200-300

1104. India, Victoria, ¼ rupee, 1862(b), crowned bust l., rev. value, country and date within floral border (KM.470), certified and graded by NGC as Mint State 66 £200-250

1105. G India, George V, 15 rupees, 1918(b), crowned bust l., rev. value, country and date within ornate border (KM.525; Pr.25; S&W.8.1), certified and graded by PCGS as Mint State 63 £2250-2750

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1106. G Iraq, Republic, proof 5 dinars, 1971, 50th Anniversary of Iraq Army, two soldiers bearing rifles, rev. value within decorative border (KM.134; Fr.1), brilliant, good extremely fine £550-650

1107. Italy, Livorno, Cosimo III de’ Medici, tollero, 1698, by M. Soldani, radiate bust r., date below, rev. view of Livorno harbour (KM.16.4; Dav.4215), with some imperfections, especially on reverse, but much as struck, good very fine £1100-1200

1108. Portugal, Alfonso V (1438-1481), silver real grosso or 24 reais brancos, Lisbon (1457), crowned ALFQ between amulets, mintmark L below, rev. five shields within quadilobe, wt. 3.06gms. (Gomes 25.05), an even, well-centred strike, extremely fine, rare £1250-1500

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1109. Portugal, Alfonso V (1438-1481), silver real grosso or 24 reais brancos, Lisbon (1457), + ALFONSUS: QUINT: REGIS: PTUGALIE: E, crowned ALFQ between amulets, mintmark L below, rev. + ALFONSUS: QUINTI: REGIS: PORTUGALI, five shields within quadrilobe, wt. 3.24gms. (Gomes 25-18 - unique), an even, well-centred strike, about extremely fine, and of the highest rarity £3000-4000

The use of the King’s name in both the obverse and reverse legends is listed by Gomes as unique. This specimen varies from the published example, with the spelling of Portugal different on both obverse and reverse.

1110. Portugal, Alfonso V, silver real grosso for Castille and Leon (1475-1479), mintmark O/C, arms of Portugal with 10 castles, rev. arms of Castille and Leon within shield, letter C above, wt. 3.31gms. (Gomes 40.02), metal defect on reverse rim at 9 o’clock, otherwise good very fine and extremely rare £2000-2500

1111. Portugal, Alfonso V, silver real grosso for Castille and Leon (1475-1479), Toro, arms of Portugal within shield, legend ends CAST, rev. arms of Castille and Leon, bull’s head facing l. each side of arms, legend ends CASTELE, wt. 2.88gms. (Gomes 47.01), good very fine and exceedingly rare £2500-3000

Toro is a town and municipality in the province of Zamora, part of the autonomous community of Castille and Leon.

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1112. Russia, Catherine II, the Great, 15 kopecks, 1781, St. Petersburg, crowned bust r., rev. crowned double-headed eagle, 15 on breast, date on banner below (KM.C62b), certified and graded by PCGS as Mint State 63 £800-900

1113. G Russia, Alexander III, 5 roubles, 1890, bare head r., rev. crowned double-headed eagle (KM.Y42), certified and graded by NGC as Mint State 62 £400-600

1114. G Russia, Nicholas II, 15 roubles, 1897AΓ, narrow rim, bare head l., rev. crowned double-headed eagle (KM.Y65.2; Fr.177), certified and graded by NGC as Mint State 61 £600-800

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1115. Switzerland, Bern, 4 ducats, undated (16thC), struck from dicken dies, bear l., double-headed eagle above, rev. legend in seven lines, wt. 14.13gms. (HMZ.2, 172; cf. Fr.117; cf. Richter 1-144), certifi ed and graded by PCGS as About Uncirculated 55, extremely rare £18,000-22,000

The only example graded by PCGS.

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1116. Switzerland, Zurich, 2 ducats, 1641, shield of arms with lion supporters, rev. double-headed eagle (KM.61; Fr.457), certifi ed and graded by NGC as About Uncirculated 55 £8000-12,000The only example graded by NGC.

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1117. G USA, 10 dollars, 1908, Philadelphia mint, Indian head l., rev. eagle l., certified and graded by PCGS as Genuine,

Cleaning – Uncirculated Details, Motto £600-700

1118. USA, silver dollar, 1796, small date, large letters, head r., with flowing hair, rev. eagle within wreath, some

rubbing on the high points and adjustment marks in Liberty’s hair, almost extremely fine, rare £8000-10,000

From an old British collection.

1119. USA, dime, 1798, large 8 in date, dr. bust of Liberty r., 13 stars around, rev. eagle with shield on breast, certified and graded by NGC as About Uncirculated 55 £2500-3000

From an old British collection.

BANKNOTES

1120. India, Reserve Bank of India, 100 rupees (100), undated (c.1944), Calcutta, original stapled bundle of consecutive serial nos., B19 683201-683300, George VI at right, signed by C. D. Deshmukh, watermark: Profile Head (Jhun 4.7.2B; P.20e), original staple at left heavily rusted with associated marks on the notes, upper and lower notes with some graffiti and stains or marks, the whole bundle slightly buckled, otherwise the majority of the notes about uncirculated (100 pcs) £60,000-80,000

Of the highest rarity as a complete original bundle.

End of Sale

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(1) Baldwin’s of St. James’s Limited [the Company] acts as agent for the seller. Sales made by the Company at public auction are sales made on behalf of the seller.(2) The buyer of any lot will be the highest bidder. In the event of any dispute, the auctioneer shall have absolute discretion to settle the dispute as he thinks best; this may mean re-offering the lot for sale.(3) The auctioneer shall have absolute discretion to divide any lot, combine two or more lots or withdraw any lot or lots without giving any reason. In the case of a dispute, he may re-offer a lot for sale. The auctioneer also has the right to refuse any bid or bids without giving a reason.(4) The Company and auctioneer shall have absolute discretion to refuse admission to their premises or attendance at their auction of any person they deem unsuitable, without giving any reason for, or prior notice of, their action.(5) The minimum increment between bids will normally be 5%. The auctioneer has the right to refuse any bid which is not in line with this increase. He also has absolute discretion to vary this increment as he sees fit.(6) All lots are subject to a Buyer’s Premium of 20.00%, exclusive of VAT, (24% inclusive of VAT if the buyer is resident in the EU). The symbol ‘G’ appearing next to a lot indicates the item is ‘Investment Gold’ and therefore a VAT-registered trader can submit a claim to HM Revenue and Customs to recover the VAT element of the Buyer’s Premium. In the case of a lot marked with a dagger (†), import VAT at 5% will be added to the hammer price and will be payable by the buyer if resident in the EU. If the lot is being exported outside the EU, this import VAT can be waived or refunded on proof of export.(7) Each bidder shall be deemed to act as principal unless the Company acknowledges in writing prior to the auction that he acts as agent for a named third-party principal. For bidders unable to attend the auction in person, commissions will be executed free-of-charge. Such bids must be written and must be received at least 24 hours before the sale begins. The Company cannot guarantee to execute bids received less than 24 hours before the sale. ‘Buy’ bids will not be accepted. The Company shall not be liable for any errors or omissions in executing such commissions.(8) All buyers must, if requested, notify their name and address to the auctioneer and, if required, provide additional proof of identification, bank references or other credit references. All buyers must pay the full purchase price, at the point of collection of purchases, or a fractional deposit as may be determined at the auctioneer’s discretion, unless the Company has previously arranged credit terms. Seven working days must be allowed for clearance of personal cheques before delivery can be made unless a prior agreement has been reached. A 2.5% surcharge will be applied to all credit card payments.(9) Ownership of lots does not pass to the buyer until the Company has received payment in full.(10) All lots, however, are held to be at the buyer’s risk from the fall of the hammer. All lots shall be removed by the buyer within seven working days after the date of the sale. Any lots not so removed may become liable to removal, insurance and storage charges. Such lots may, at the auctioneer’s discretion, be re-offered for sale at auction or by private treaty without further notice to the buyer.(11) All lots are offered for sale subject to any reserve price that may be imposed by the seller. The seller may not subsequently change the reserve without the agreement of the Company. Where a reserve has been set, only the auctioneer may bid on behalf of the seller. Lots are normally reserved at 80% of lower estimate, with auctioneer’s discretion. Unless reoffered for sale, the collection of unsold lots shall be the responsibility of the seller.(12) (a) Lots are sold as shown with all faults, imperfections and errors of description and lack of authenticity. The Sale of Goods Act 1979 does not apply to the sale of any lot. Neither the Company nor the seller shall give any warranty to any buyer in respect of any lot or be liable for any fault or error of description or lack of genuineness or authenticity of any lot. All statements as to items sold, whether made in catalogues, during the course of the auction or otherwise, are statements of opinion only and are not and shall not be taken to be statements or representations of fact. The Company reserve the right in forming their opinion to consult and rely upon any expert or authority considered by them to be reliable. Coins are graded to accepted UK standards to the best ability of our specialists. You acknowledge that the grading of coins is subjective and may vary from specialist to specialist, as the process is by nature an art and not a science. For this reason, we do not automatically accept and are not bound by the opinions of third party coin grading services for any purposes including before and after the sale of a lot.

(b) Refund policy – notwithstanding the foregoing, if any lot should be proved by the buyer to be not genuine or authentic, or to have been wrongly described in any material respect, the buyer may reject the same provided that he has given notice in writing of his intention so to do and shall have returned the same to the Company within one month from, and in the same condition, as at the date of sale. If the coin was in a plastic holder at the time of sale, we cannot accept its return if it has been removed from that holder. In addition, any items in graded holders are sold as is and can only be returned if deemed as fake. The onus of proving a lot to be not genuine or authentic or to have been wrongly described shall lie with the buyer. Proof of the inability of any recognised expert or authority to express a definite opinion shall not discharge such onus. If the buyer shall discharge such onus, the auctioneers shall rescind the sale and repay to the buyer the price paid by him. Save as provided herein, the Company shall not under any circumstances whatsoever be liable for any costs, expenses or damages (whether direct, indirect, special or consequential) incurred or suffered by the buyer in respect of any lot, whether or not as a result of any fault, imperfection, error or description or lack of genuineness or authenticity, including but not limited to loss of any kind of profit whatsoever. The buyer will not be entitled to claim interest on the amount due to him. The buyer shall not be entitled to a refund for any lot for any reason save as set out in this clause 12(b).(13) Save as provided in the preceding paragraph of these conditions buyers must satisfy themselves as to the accuracy of their purchases at the time of delivery. The Company cannot be held responsible for any discrepancy which might be discovered after the lots have been removed from either the auction room or the auctioneers’ premises.(14) As stated in paragraph (1), the Company acts solely as agent between buyer and seller and shall not be held responsible for any default by either party or for any action or claim that may arise in connection with any lot.(15) Any part of the purchase price still outstanding after the auction, in line with the terms of paragraph (8), shall be paid in full within thirty days of the date of the auction. Without prejudice to any other rights, the Company reserves the right to charge interest on any overdue payment at a rate of three per cent per month. In the event that the company shall have paid the seller (normally 35 days after the sale) and part of the purchase price is still outstanding, title to the lot will pass to the Company. The Company shall then have the right to sell any other goods belonging to the buyer and held by the Company for whatever reason at such a price that the company, in its absolute discretion, thinks fit. The buyer shall also reimburse the Company for any additional costs incurred in this process.(16) Buyers accepting commissions from third parties do so at their own risk. They remain responsible to the Company for full settlement according to these conditions(17) Privacy Policy - We may collect and process information you give to us such as your name, address and references. We will use this information to carry out our obligations arising from any contracts entered into between you and us and to provide you with the information, products and services that you request from us or that we offer. We may share your personal information with any member of our group, which means our subsidiaries, our ultimate holding company and its subsidiaries, as defined in section 1159 of the UK Companies Act 2006. We may share your information with selected third parties including: business partners, advertisers and analytics. We may disclose your personal information to third parties in the event we sell or buy any business or assets in which case we may disclose your personal data to the prospective seller or buyer or such business or assets or if we are under a duty to disclosure or share your personal data in order to comply with any legal obligation or in order to enforce or apply our terms of use. You have the right to ask us not to process your personal data for marketing purposes.(18) By making a bid, the buyer acknowledges his acceptance of these conditions and agrees to be bound by them. (19) If any buyer fails to comply with any of these Conditions, the lot or lots in respect of which the failure is made may at the discretion of the Company be put up again and resold. The damages recoverable from the defaulting buyer shall include, but not be limited to, the auctioneers’ expenses and commission in respect of the resale and the amount (if any) by which the price obtained on the resale is exceeded by that obtained on the first sale.(20) A variation of these Conditions shall only be binding on the Company and the seller if it is made in writing and signed by a duly authorised representative of the Company.(21) These Conditions shall take effect and be construed in accordance with the provisions of English law.

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