Michael Gietzelt's collection of milled coins to be auctioned by DNW

A Queen Anne Five Guineas from 1705 is expected to fetch up to £30,000 
A George IV 1826 Proof Five Pounds is estimated at £20,000 to £26,000 
A 1691 William & Mary Five Guineas has an estimate of £15,000 to £20,000 

1 October 2018

The collection of British and Irish milled coins formed by the Berlin-based dealer and collector Michael Gietzelt is to be auctioned by Dix Noonan Webb, the international coins, medals, banknotes and jewellery specialists, in London on 14 November 2018. The collection, which includes coins from the reign of Charles II through to the 20th century, forms almost 400 lots and is expected to fetch up to £575,000.

Michael’s Gietzelt’s fascination with British numismatics began when his mother presented him with some worn Victorian pennies and his great-grandfather gave him his first serious coin – an 1887 Five Pounds piece. Since then his collection has expanded to cover coins from Edward III to the present day as well as orders, decorations, medals and paper money from the British Isles.

With the dispersal of his milled coins he will now focus on the hammered series, including Scottish and Irish issues, while maintaining his collections of coins and tokens of the Isle of Man and the Channel Islands.

Among the highlights of the Gietzelt Collection to be auctioned at Dix Noonan Webb are a Five Guineas dated 1705 from the reign of Anne (1702-1714), which is expected to fetch £24,000 to £30,000, a George IV (1820-1830) Proof Five Pounds from 1826, estimated at £20,000 to £26,000, and a 1691 William and Mary (1688-1694) Five Guineas, which should sell for £15,000 to £20,000.

The collection also includes a number of Proof Sets, including a George V one from 1911, estimated at £10,000 to £12,000, and a George VI set dated 1937, expected to sell for £8,000 to £10,000. A 30-lot section of Irish coins includes a Wood’s coinage Proof Farthing dated 1723, estimated at £4,000 to £6,000, and a George IV Proof Farthing from 1822 which carries an estimate of £1,500 to £2,000.

Michael Gietzelt was born in Berlin in 1954, the son of a doctor. Educated at Berlin Secondary School, he performed his military service in the Medical Corps, attaining the rank of sergeant, before entering Berlin University to study medicine in 1975. Within two years he had decided that medicine was not the career choice for him and he opened his antique shop on the Frankfurter-Alle in Berlin in 1977. Together with his wife Gisela, Michael also collects German porcelain, particularly Meissen, while their busy home life revolves around their five children and ten grandchildren.

Dix Noonan Webb – from strength to strength since 1991
In 1991, its first year of trading, the company held three medal auctions and sold 1,200 lots for a total hammer price of £553,000. Two years later it opened a coins department which also auctions commemorative medals and tokens and in 2015 DNW added jewellery to its sales calendar. This year it has set up a stand-alone banknotes department.

In 2017 DNW achieved a total hammer price of £12,713,000, a big increase from the 2016 total of £8,961,000. The total number of lots across all departments in 2017 was 20,583. To date the company has sold in excess of 300,000 lots totalling £143 million.

For further press information and images please contact:

Will Bennett:
Telephone: 07770 694254

Dix Noonan Webb

16 Bolton Street,
London W1J 8BQ
Telephone: 020 7016 1700.

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