IMITATION SPADE GUINEAS (Isgs)
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A Group of Coins Struck in Roman Britain
A group of coins struck in Roman Britain 1001 Antoninus Pius (AD.138-161), Æ as, believed to be struck at a British travelling mint, laur. bust r., rev. BRITANNIA COS III S C, Britannia seated on rock in an attitude of sadness, wt. 12.68gms. (Sp. COE no 646; RIC.934), patinated, almost extremely fine, an exceptional example of this very poor issue £800-1000 This was struck to commemorate the quashing of a northern uprising in AD.154-5 when the Antonine wall was evacuated after its construction. This issue, always poorly struck and on a small flan, is believed to have been struck with the legions. 1002 Carausius, usurper in Britain (AD.287-296), Æ antoninianus, C mint, IMP C CARAVSIVS PF AVG, radiate dr. bust r., rev. VIRTVS AVG, Mars stg. l. with reversed spear and shield, S in field,in ex. C, wt. 4.63gms. (RIC.-), well struck with some original silvering, dark patina, extremely fine, an exceptional example, probably unique £600-800 An unpublished reverse variety depicting Mars with these attributes and position. Recorded at the British Museum. 1003 Carausius, usurper in Britain (AD.287-296), Æ antoninianus, London mint, VIRTVS CARAVSI AVG, radiate and cuir. bust l., holding shield and spear, rev. PAX AVG, Pax stg. l., FO in field, in ex. ML, wt. 4.14gms. (RIC.116), dark patina, well struck with a superb military-style bust, extremely fine and very rare thus, an exceptional example £1200-1500 1004 Diocletian, struck by Carausius, usurper in Britain (AD.287-296), Æ antoninianus, C mint, IMP C DIOCLETIANVS AVG, radiate cuir. -
A REVIE\I\T of the COINAGE of CHARLE II
A REVIE\i\T OF THE COINAGE OF CHARLE II. By LIEUT.-COLONEL H. W. MORRIESON, F.s.A. PART I.--THE HAMMERED COINAGE . HARLES II ascended the throne on Maj 29th, I660, although his regnal years are reckoned from the death of • his father on January 30th, r648-9. On June 27th, r660, an' order was issued for the preparation of dies, puncheons, etc., for the making of gold and" silver coins, and on July 20th an indenture was entered into with Sir Ralph Freeman, Master of the Mint, which provided for the coinage of the same pieces and of the same value as those which had been coined in the time of his father. 1 The mint authorities were slow in getting to work, and on August roth an order was sent to the vVardens of the Mint directing the engraver, Thomas Simon, to prepare the dies. The King was in a hurry to get the money bearing his effigy issued, and reminders were sent to the Wardens on August r8th and September 2rst directing them to hasten the issue. This must have taken place before the end of the year, because the mint returns between July 20th and December 31st, r660,2 showed that 543 lbs. of silver, £r683 6s. in value, had been coined. These coins were considered by many to be amongst the finest of the English series. They fittingly represent the swan song of the Hammered Coinage, as the hammer was finally superseded by the mill and screw a short two years later. The denominations coined were the unite of twenty shillings, the double crown of ten shillings, and the crown of five shillings, in gold; and the half-crown, shilling, sixpence, half-groat, penny, 1 Ruding, II, p" 2. -
Ancient, Islamic, British and World Coins Historical Medals and Banknotes
Ancient, Islamic, British and World Coins Historical Medals and Banknotes To be sold by auction at: Sotheby’s, in the Upper Grosvenor Gallery The Aeolian Hall, Bloomfield Place New Bond Street London W1 Day of Sale: Thursday 29 November 2007 10.00 am and 2.00 pm Public viewing: 45 Maddox Street, London W1S 2PE Friday 23 November 10.00 am to 4.30 pm Monday 26 November 10.00 am to 4.30 pm Tuesday 27 November 10.00 am to 4.30 pm Wednesday 28 November See below Or by previous appointment. Please note that viewing arrangements on Wednesday 28 November will be by appointment only, owing to restricted facilities. For convenience and comfort we strongly recommend that clients wishing to view multiple or bulky lots should plan to do so before 28 November. Catalogue no. 30 Price £10 Enquiries: James Morton, Tom Eden, Paul Wood or Stephen Lloyd Cover illustrations: Lot 172 (front); ex Lot 412 (back); Lot 745 (detail, inside front and back covers) in association with 45 Maddox Street, London W1S 2PE Tel.: +44 (0)20 7493 5344 Fax: +44 (0)20 7495 6325 Email: [email protected] Website: www.mortonandeden.com This auction is conducted by Morton & Eden Ltd. in accordance with our Conditions of Business printed at the back of this catalogue. All questions and comments relating to the operation of this sale or to its content should be addressed to Morton & Eden Ltd. and not to Sotheby’s. Important Information for Buyers All lots are offered subject to Morton & Eden Ltd.’s Conditions of Business and to reserves. -
THE CENTENARY of OUR MODERN COINAGE INSTITUTED in FEBRUARY, I8I7, and the ISSUES WHICH PRE CEDED IT in GEORGE Ill's REIGN
THE CENTENARY OF OUR MODERN COINAGE INSTITUTED IN FEBRUARY, I8I7, AND THE ISSUES WHICH PRE CEDED IT IN GEORGE Ill's REIGN. BY' LIEUT.-COLONEL H. W. MORRIESON, F.S.A. HIS month, February, I9I7, sees the celebration of the centenary of an event of much interest to the members of this Society, viz., that of the introduction of the coinage of this realm as we now know it, for it was on February I3th, I8I7, that the exchange of the new money for the old was inaugurated. Not only was a new coinage introduced, but a new standard, a single one of gold. Up to that time silver had been' current as well as gold, which led to a fluctuation of the value of gold in comparison with that of silver. The guinea, the then principal gold coin, was originally issued by Charles II as a twenty-shilling piece, but I think none was ever procurable for twenty silver shillings. The premium varied till I7I7, when it became fixed at one shilling, and since that date the guinea has ever since been reckoned as a twenty-one-shilling piece, that mythical coin so dear to professional people, Secretaries of Clubs, etc. Samuel Pepys, in his Diary for October 29th, I660, gives an example of the variation of the guinea: " Thence by coach (having in the Hall bought me a velvet riding cap, cost me 20S.)" to my taylor's, and there bespoke a plain vest and so to my goldsmith to bid him to look out for some gold for me; and he tells me that ginneys, which I bought 2000 not long ago, and cost me but I81d. -
Ancient Coins
ANCIENT COINS GREEK COINS 1. Satraps of Caria, Pixodorus (340-334 BC), gold hekte or stater, head of Apollo to r., rev. Zeus Labraundos standing to r. holding double axe and lotus-tipped sceptre, wt. 1.35gms. (Sear 4963; F.440), very fine and rare ⅙ $1000-1200 2. Kings of Lydia, temp. Alyattes-Kroisos, circa 610-546 BC, electrum ⅓ stater or trite, Sardes mint, head of roaring lion to r., rev. two incuse square punches, wt. 4.70gms. (GCV.3398; F.448), very fine $500-700 3. Bactria, Eucratides I (170-145 BC), tetradrachm, dr., cuir. bust r., wearing crested helmet adorned with bull’s horn and ear, rev. BAΣIΛEΩΣ MEΓAΛOY, Dioskouroi holding palm fronds and lances, on horses rearing r., monogram to lower r., in ex. ΕΥΚΡΑΤΙΔΟΥ, wt. 16.94gms. (Sear 7570), certified and graded by NGC as Choice About Uncirculated, Strike 5/5, Surface 4/5 $3200-3500 ANCIENT COINS 4. Kyrene, Kyrenaika (322-313 BC), gold stater, Magistrate Polianthes, KYPANAION, Nike driving quadriga r., sun above r., rev. Zeus stg. l. by thymiaterion, holding patera and sceptre, wt. 8.70gms. (BMC.117), flan a little irregular, extremely fine $4000-4500 5. Kingdom of Thrace, Koson, King of Scythians (died 29 BC), gold stater, c. 40-29 BC, consul between lictors, all togate, walking l., rev. eagle standing l., holding wreath in one claw, wt. 8.33gms. (GCV.1733), obverse struck off-centre, otherwise extremely fine $650-850 ANCIENT COINS ROMAN COINS 6. Roman Republic, C. Servilius (136 B.C.), silver denarius, helmeted head of Roma facing r., wearing a necklace, a wreath and mark of value (XVI monogram) behind, ROMA below, rev. -
BRITISH MONETARY SYSTEM (For Calculations Contained Within the Roseboom Books)
BRITISH MONETARY SYSTEM (for calculations contained within the Roseboom Books): Given: Pound (£). Shilling (s) – 20 shillings = 1 pound. Pence (d) – 12 pence = 1 shilling. 240 pence = 1 pound. Farthing (f) – 4 farthings = 1 pence. 48 farthings = 1 shilling. 960 farthings = 1 pound. The Roseboom Books, when recording account information, usually have three (3) columns representing Pounds, Shillings, and Pence. For example: £ s d One widget 3 2 1 This would be pronounced: “three pounds, two, & one” (representing three pounds, two shillings, and 1 pence. In some instances when recording money outside of the three column format and when pounds are not listed the 18th century format of 6/3 is used. This would be pronounced: “six and three (representing six shillings and three pence. It is important to remember that 13 pence = 1 shilling and 1 pence; and 21 shillings = 1 pound and 1 shilling1. A calculation example using the above is as follows: 115 Gal’s of Rum @ 3/4 = 19 Pounds, 3 Shillings, 4 Pence Step 1: Gal’s X’s shillings 1 One pound and one shilling is also represented by a coin known as a guinea. For our calculation purposes, however, we won’t concern ourselves with the Guinea. The Guinea is a gold coin, originally made of gold from the Guinea coast of Africa. The Guinea came into existence in 1663, under Charles II; when first issued they were worth one pound, or twenty shillings. The value of the guinea had fluctuated over the years from 20 to 30 shillings. A Royal Proclamation of September 1717 fixed the value of the guinea at 21 shillings. -
Sixth Session, Commencing at 9.30 Am GREAT BRITAIN GOLD COINS
Sixth Session, Commencing at 9.30 am GREAT BRITAIN GOLD COINS 1687* James I, (1603-1625), third coinage, 1619-25, laurel, fourth head, mm trefoil (S.2638B). Flat in lower left quarter, otherwise very fi ne. $1,500 1684* South Western Britain, uninscribed issue, Durotriges tribal issues, Abstract type, (c58-45 B.C. or earlier), base gold stater, (5.20g), obverse abstracted head of Apollo to right, reverse Celticized disjointed horse to left, circles (legs, pellets and curves) in design (S.365, SCB. 1, Mack 317, Van A. 1235-1 notes as common). Gold with dark regions, good fi ne for issue, rare in this fi neness in gold. $250 Ex Robert Rossini Collection. 1688* Charles I, (1625-1649), unite, Tower Mint, mm rose, issue 1631-1632 (S.2719). Bottom edge repaired at 7 o'clock, otherwise nearly very fi ne. $1,200 1685* South Western Britain, uninscribed issue, Durotriges tribal issues, Geometric type, (c65-58 B.C. or earlier), gold quarter stater, (1.38 g), obverse abstracted pattern with crescent, and appendages hanging from it, reverse geometric pattern with vertical and horiziontal components in the design (S.368 (noted as silver), Van A. 1225-1 notes as common). Very fi ne for issue, rare in this fi neness in gold. $250 1689* Ex Robert Rossini Collection. Anne, after the Union, third bust, guinea, 1711 (S.3574). Attractively toned, nearly extremely fi ne. $2,700 Ex Noble Numismatics Sale 88 (lot 2402). 1690 Anne, third bust, half guinea, 1713 (S.3575). Mount removed, very fi ne/fi ne. $250 1686* Edward III, (1327-1377), Pre Treaty, 1351-61, Noble, series C 1351-2 mm cross 1 (7.56g) (S.1486). -
The 1787 Shilling - a Transition in Minting Technique H.E
THE 1787 SHILLING - A TRANSITION IN MINTING TECHNIQUE H.E. MANVILLE AND P.P. GASPAR '1787. In this year a feeble attempt was made to supply the want of Silver Money by a coinage of that metal. But it appears as if the directors of Mint affairs had exhausted all their powers in the restoration of the Gold Coins, for after an issue of about seventy or eighty thousand Pounds, in Shillings and Sixpences, the coinage of Silver was stopped.'1 'In the year 1787 the Bank coined £55,280 in New Silver, not with any intention of issuing it in gen- eral to the Publick, but only in small quantities to their Customers at Christmastime.'2 Introduction THE first statement , from Rogers Ruding's Annals (1817), represents a general impression held by numismatists: That the coinage of shillings and sixpences in 1787 was a feeble and short-lived attempt by the Government to begin to relieve the severe shortage of silver coins. The second quo- tation presents the true picture: That the coins were a private striking for the Bank of England, not intended for general circulation. This was a time of change in the techniques employed by the Mint for the manufacture of dies. The long-established use of individual letter punches to apply the inscription to each die was slow and inefficient, but could only be phased out when fully lettered punches became available. This required the raising of punches from fully lettered matrices. For a time of transition within the Mint, the study of one issue may fill in gaps in the available records. -
Notes on British Money of Adam Smith's Time
K.D. Hoover Adam Smith and the System of Natural Liberty Revised, 15 November 2020 Notes on British Money of Adam Smith’s Time The official British monetary unit in Adam Smith’s time, as today, is the pound sterling. As its name implies it was originally a silver currency, but by the 1750s, Britain had adopted the gold standard. Until 1971, the pound was divided into 20 shillings, and each shilling was worth 12 pence, so that the pound was worth 240 pence. The standard symbol for pounds is £, usually written before the numerals (e.g., £130). Frequently, when subparts of pounds are included, pounds/shillings/pence are written l/s/d, usually written after the numerals (e.g., 4 pounds, 7 shillings, and 9 pence is written 4 l. 7s. 9d). While this seems like a complicated system to us who are used to the decimal system, it was a commonplace system in early modern Europe. Decimalization began with the French Revolution. Britain had little use for France, and so resisted longer than most other countries. In fact, the prime factors of 12 and 20 are more numerous than those of 10, so that, once one is used to it, the old system is not so hard for mental arithmetic. th In Smith’s time and through most of the 19 century, the pound sterling was defined by its gold value: 1 Troy ounce of gold = 3 l. 17s 10½d (the most common way of stating it) or, put 1 inversely, £1 = 0.2242 (i.e., 1 pound was worth between /5 and ¼) Troy ounce of gold. -
THE MICHAEL GIETZELT COLLECTION of BRITISH and IRISH COINS 14 NOVEMBER 2018
DIX • NOONAN • WEBB THE MICHAEL GIETZELT COLLECTION OF BRITISH and IRISH COINS 14 NOVEMBER 2018 COLLECTION OF BRITISH and IRISH COINS 14 NOVEMBER THE MICHAEL GIETZELT WEBB • DIX • NOONAN £25 THE MICHAEL GIETZELT COLLECTION www.dnw.co.uk OF BRITISH AND IRISH MILLED COINS 16 Bolton Street Mayfair London W1J 8BQ Wednesday 14 November 2018, 10:00 Telephone 020 7016 1700 Fax 020 7016 1799 email [email protected] 151 Catalogue 151 BOARD of DIRECTORS Pierce Noonan Managing Director and CEO 020 7016 1700 [email protected] Nimrod Dix Executive Chairman 020 7016 1820 [email protected] Robin Greville Head of Systems Technology 020 7016 1750 [email protected] Christopher Webb Head of Coin Department 020 7016 1801 [email protected] AUCTION SERVICES and CLIENT LIAISON Philippa Healy Head of Administration (Associate Director) 020 7016 1775 [email protected] Emma Oxley Accounts and Viewing 020 7016 1701 [email protected] Christopher Mellor-Hill Head of Client Liaison (Associate Director) 020 7016 1771 [email protected] Chris Rumney Client Liaison Europe (Numismatics) 020 7016 1771 [email protected] Chris Finch Hatton Client Liaison 020 7016 1754 [email protected] David Farrell Head of Logistics 020 7016 1753 [email protected] James King Deputy Head of Logistics 020 7016 1833 [email protected] COINS, TOKENS and COMMEMORATIVE MEDALS Christopher Webb Head of Department (Director) 020 7016 1801 [email protected] Peter Preston-Morley Specialist (Associate Director) 020 7016 1802 [email protected] Jim Brown Specialist 020 7016 1803 [email protected] Tim Wilkes Specialist 020 -
COIN WEIGHTS. HE Antiquity of Coin Weights Is Probably As High As Of
COIN WEIGHTS. BY L. A. LAWRENCE. HE antiquity of coin weights is probably as high as of coins themselves, but, in the English series, owing largely perhaps to their want of artistic merit and the base metal generally used in their manufacture, they have excited but little interest and practically no study. That they are worthy of more recognition than has hitherto been accorded to them I hope to be able to show in the sequel. Ruding quotes many documents referring to coin weights, and the pieces themselves as a whole are abundant. I have, however, never yet seen either in a museum or elsewhere a collection of classified coin weights, nor do I know of a treatise on them. Probably in Saxon and Norman times owing to the frequent change of type, and the existence of money taxes in connection with new issues, there was no need of supplying counterpoises to the people. When the three years' limit of issue was in use there could not have been much loss of weight due to circulation, and as silver, the only metal then represented by the currency, was not of any high value in relation to other metals, the loss was probably borne by the ultimate owner when he came to have his old money exchanged for new. When, however, the coins had to do longer duty than three years, viz., in early Plantagenet times, and a little later when gold was added as a standard metal for coinage, the use of counterpoises became necessary to the people. Special weights would seem never to have been very popular with the multitude, possibly it was less expensive or easier to use the ordinary pennyweight and grain measure 288 Coin eights. -
The Value of Money in Eighteenth-Century England: Incomes, Prices, Buying Power— and Some Problems in Cultural Economics
The Value of Money in Eighteenth-Century England: Incomes, Prices, Buying Power— and Some Problems in Cultural Economics Robert D. Hume &'453&(5 Robert D. Hume offers an empirical investigation of incomes, cost, artist remuneration, and buying power in the realm of long eighteenth-century cultural production and purchase. What was earned by writers, actors, singers, musicians, and painters? Who could afford to buy a book? Attend a play or opera? Acquire a painting? Only 6 percent of families had £100 per annum income, and only about 3 percent had £200. What is the “buying power” magnitude of such sums? No single multiplier yields a legitimate present-day equivalent, but a range of 200 –300 gives a rough sense of magnitude for most of this period. Novels are now thought of as a bourgeois phenomenon, but they cost 3s. per volume. A family with a £200 annual income would have to spend nearly a full day’s income to buy a four-volume novel, but only 12 percent for a play. The market for plays was natu - rally much larger, which explains high copyright payments to playwrights and very low payments for most novels—hence the large number of novels by women, who had few ways to earn money. From this investigation we learn two broad facts. First, that the earnings of most writers, actors, musicians, and singers were gener - ally scanty but went disproportionately to a few stars, and second, that most of the culture we now study is inarguably elite: it was mostly consumed by the top 1 per - cent or 0.5 percent of the English population.