Lot 3162
George III (1760-1820), Gold Third Guinea, 1806. Third type, second laureate head right, Latin legend and toothed border surrounding, GEORGIVS III DEI GRATIA., rev. large crown, date below, legend surrounding commencing top, * BRITANNIARUM REX FIDEI DEFENSOR (MCE 457; S.3740). Toned, with some light flecking, a pleasing extremely fine, has been graded and slabbed by NGC as MS62. Estimated Value $750 - UP
NGC Certification 4346117-002. At the time of writing we note that of 45 examples graded across both PCGS and NGC this coin falls into the top 28% of the roster of the highest grades. The Latin legends translate as on obverse "George III by the grace of God" and on the reverse "King of the Britains, Defender of the Faith." The gold coinage production for the year of 1806 amounted to £405,106 which would have consisted entirely of Half-Guineas and Thirds, the latter denomination being introduced to help alleviate the lack of silver coinage in circulation.
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