A link to the auction result: https://www.numisbids.com/sale/8324/lot/?lot=5055
I am always amused by this kind of hyperbolic blather from the folks at the TPGs:
The "true value" of this coin right now is already known! it just sold two months ago for 175,000 euros. As mentioned by PCGS, the coin is extremely rare, but again, for context, it is not even in the top two tiers of rarest Dutch Republic gold coins, as assessed by Delmonte (he has Unique at the top, and the R4 category for coins with only 2 or 3 known, and this type is rated R3). It does appear to be the best preserved of the four specimens that have sold in the last 20 years. If it comes up again for auction soon, we will know if there is any added value from the slabbing.
PCGS does not mention here that a FAR RARER and even more valuable piedfort of triple weight (60 grams of gold in a 400 year old coin!) of this same type that sold two years ago for four times the price, probably the most ever spent at auction on a Dutch Republic coin. As best I can tell there are not more than 2 known examples.
https://www.numisbids.com/sale/5466/lot/?lot=1280
I take it to mean they never got their hands on it to brag about it, but I haven't checked.
On the historical context, there is a very long history of what I would call "collaborative imitation" between England and the Low Countries, in which a monetary accord to support commerce is followed by the production of coins in the two places at exactly the same specification, and often with similar devices. Already in the late 1200s this practice was in place between England and the Duchy of Brabant, resulting in coins like these:
https://en.numista.com/catalogue/pieces246871.html
https://en.numista.com/catalogue/pieces441636.html
So the striking of rose nobles in many parts of the young Dutch Republic was part of a long tradition of monetary collaboration and imitation between the two places.
I am always amused by this kind of hyperbolic blather from the folks at the TPGs:
Quote:
"It's often the case that the true value of a coin becomes more apparent only after they have been graded by PCGS,
"It's often the case that the true value of a coin becomes more apparent only after they have been graded by PCGS,
The "true value" of this coin right now is already known! it just sold two months ago for 175,000 euros. As mentioned by PCGS, the coin is extremely rare, but again, for context, it is not even in the top two tiers of rarest Dutch Republic gold coins, as assessed by Delmonte (he has Unique at the top, and the R4 category for coins with only 2 or 3 known, and this type is rated R3). It does appear to be the best preserved of the four specimens that have sold in the last 20 years. If it comes up again for auction soon, we will know if there is any added value from the slabbing.
PCGS does not mention here that a FAR RARER and even more valuable piedfort of triple weight (60 grams of gold in a 400 year old coin!) of this same type that sold two years ago for four times the price, probably the most ever spent at auction on a Dutch Republic coin. As best I can tell there are not more than 2 known examples.
https://www.numisbids.com/sale/5466/lot/?lot=1280
I take it to mean they never got their hands on it to brag about it, but I haven't checked.
On the historical context, there is a very long history of what I would call "collaborative imitation" between England and the Low Countries, in which a monetary accord to support commerce is followed by the production of coins in the two places at exactly the same specification, and often with similar devices. Already in the late 1200s this practice was in place between England and the Duchy of Brabant, resulting in coins like these:
https://en.numista.com/catalogue/pieces246871.html
https://en.numista.com/catalogue/pieces441636.html
So the striking of rose nobles in many parts of the young Dutch Republic was part of a long tradition of monetary collaboration and imitation between the two places.
Edited by tdziemia
01/27/2025 08:24 am
01/27/2025 08:24 am