Lot 404
Great Britain. Spade Guinea, 1791. S-3729; Fr-356; KM-609. George III, 1760-1820. Fifth Laureate Head, right. Reverse: Crowned, spade-shaped shield. Another especially choice coin. A scarce date! NGC graded MS-64.
The Spade Guinea was conceived to circulate long among British and Prussian troops involved in the continuing war against Napoleon, and as such its engraving was done in low relief. This served the purpose well, but the coin as a type has long proved difficult to grade for many collectors, who mistake its lack of deep detail for wear. The grading companies have likewise had their troubles assessing these consistently. Here is one of the highest number grades given out to date for any guinea of this style.
Estimated Value $1,500 - 2,000.
Ex Dr Jacob Y. Terner Collection.
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| Realized $3,795 |
