Lot 337
Great Britain. Guinea, 1688. S-3403; Fr-296; KM-459.2. James II, 1685-1688. Second Bust. Laureate head left, Elephant & Castle hallmark below neck. Reverse: Crowned cruciform arms, with alternating scepters at angles. Boldly struck but showing a number of really tiny bagmarks on the reverse field; nonetheless, highly lustrous and unusually good-looking. Very rare! NGC graded MS-62.
The Guinea denomination was named for the original source of British gold ore in the mid-17th century, from the country in Africa then called Guinea (now Ghana). The gold was imported by the "Company of Royal Adventurers of England Trading in Africa." Its charter granted the company the privilege of having coins bearing its emblem to be struck from the gold it brought back into England.
Estimated Value $6,000 - 7,000.
Ex Dr Jacob Y. Terner Collection.
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| Realized $10,925 |
