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Exceptional Circa 1600 Netherlands Kampen Double Rose Noble Gold Coin Graded By PCGS

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 Posted 01/24/2025  06:22 am Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
PCGS - The gold Dutch coin emulates a contemporary English sovereign and has approximately half a dozen survivors.

Professional Coin Grading Service (PCGS) recently encapsulated a circa 1600 Dutch gold coin designed to look like an English Elizabeth I Sovereign. The Netherlands Kampen Double Rose Noble is an extremely rare gold coin yielding perhaps five or six known specimens, one of which was recently sold for $195,500 at auction before it was submitted to PCGS for grading. The exquisite specimen, attributed as an FR-155 Vanhoudt-1575 variety, was graded PCGS MS63.


This rare circa 1600s Netherlands Kampen Double Rose Noble was graded MS63 by PCGS

"We're always thrilled when collectors and dealers submit their coins for grading after purchasing them at auction," said PCGS President Stephanie Sabin. "It's often the case that the true value of a coin becomes more apparent only after they have been graded by PCGS, which receives many crossover and raw-to-encapsulated submissions of coins that recently crossed the block. In this situation, we were pleased to have the opportunity to review this stunning and historic gold coin from the Netherlands. And the fact that it was entrusted to us shows that the best coins always end up in PCGS holders."



This circa 1600 Netherlands Kampen Double Rose Noble has a real story to tell. "The reason why the Dutch made nobles - and multiple nobles, as in this case - was in imitation of English coinage of the time period primarily to buy wool and other items from the English," explained Ryan White of Liberty Coin Galleries, the firm that submitted the coin for encapsulation at PCGS. "They found that if they produced a coin of a similar size, weight, and appearance as the English examples, they could more easily trade with English. As most people were illiterate at the time, the differences in the legends were usually overlooked."

White elucidated that the coin exists in three different weights, all examples of which are "very scarce." He went on to add that "this is considered one of the finest and most artistic of all Dutch coinage of the time."

Check out coins from the Netherlands on ebay.
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 Posted 01/27/2025  07:49 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
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:

Quote:
"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
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 Posted 01/27/2025  08:36 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I take it to mean they never got their hands on it to brag about it, but I haven't checked.
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