Lot 3977
Great Britain. 5 Guineas, 1729-E.I.C. S.3664; Fr-333; KM-571.2. Struck from gold supplied by the East India Company. George II, 1727-1760. Young laureate head left. EIC below. Reverse: Crowned shield of arms. Considerable luster within the devices. One year type. Very scarce and rare in grade. PCGS graded AU-55.
The British East India Compamy (EIC), was established to partake in the vast profits to be had with trade with the East, primarily exotic spices. The company was in competition with the Portuguese and the Dutch traders. In fact, the company formed its own paramilitary force to combat the other nations' traders. At the time this coin was minted, the company controlled a larger area than Great Britain itself.
Estimated Value $8,000 - 10,000.
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| Realized $7,763 |
