14 September 2020
One of the finest examples of a Noble Gold Coin from the reign of Henry IV (1399-1413) sold for £27,280 when it was offered at International coins, medals, banknotes and jewellery specialists Dix Noonan Webb on Wednesday, September 9, 2020. The noble was the first English gold coin produced in quantity.
Part of the 209-lot Chislehurst Collection, this particular coin, described as heavy coinage, had been found in Norfolk in 2015 and was believed to have been struck in Calais between August 1399 and Michaelmas 1401. It was expected to fetch £20,000-£24,000, however due to its superb condition and rarity, it exceeded it’s estimate and was purchased by a British Collection [lot 24].
Also selling for £27,280 was a five guineas dating from 1687 – the reign James II (1685-1688), which had been estimated at £10,000-12,000. It was bought by a Far Eastern Collector [lot 129].
The sale in total fetched £370,524 and saw 98.1% sold. Other notable examples included a Fine Sovereign of 30 shillings from the reign of Mary (1553-1554) which fetched £18,600 against an estimate of £8,000-10,000 and was bought by a British Collector who loved the history of Mary [lot 40]. A pound from the reign of Charles I (1625-1649) and minted in Oxford in 1642, decorated with the Oxford plume and Shrewsbury horseman riding over arms and armour, sold to a Collector of Civil War coinage for £17,360 against an estimate of £7,000-10,000 [lot 63] and an attractive five guineas dating from 1694 – the reign of William and Mary (1688-1694) sold to a British Collector for £16,120 (est: £12,000-15,000) [lot 134].
Following the sale, Christopher Webb, Director and Head of Coin Department, said: “The market for good quality and interesting coins seems to be insatiable at the moment and each sale goes from strength to strength!”
***Please note that these prices include Buyers Premium (24%)***
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NOTES TO EDITORS:
Dix Noonan Webb – a brief history
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 coin department which also auctions commemorative medals and tokens and in 2015 DNW added jewellery to its sales calendar. In 2018, it set up a standalone banknotes department and expanded into premises next door. In the same year, DNW achieved a total hammer price of £11,676,580 and the total number of lots across all departments was 20,273. To date the company has sold in excess of 300,000 lots totalling £155 million.
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