The Park House Collection in Association with Mark Rasmussen
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St James's Sale 32 Covers:Layout 1 27/3/15 15:04 Page 1 Auction 32 Auction 32 Tuesday 19th May 2015 Tuesday 19th May 2015 The Park House Collection in association with Mark Rasmussen The Cavendish Hotel, 81 Jermyn Street, St James’s, London SW1 The Cavendish Hotel, 81 Jermyn Street, St James’s, London SW1 St James's Sale 32 Covers:Layout 1 27/3/15 15:04 Page 2 AUCTION VENUE Cavendish Hotel 81 Jermyn Street St James’s London SW1Y 6JF Methods of Payment Your purchases will be invoiced by St James’s Auctions Ltd. In addition to sterling cash, the following payment methods are accepted: Personal cheques and bank drafts should be made Please include your name and invoice number when payable to St James’s Auctions Ltd. sending instructions to the bank and inform St James’s Auctions Ltd. of your payment in order to speed up Sterling transfers may be made to: the delivery of your purchases. St James’s Auctions Ltd. Allied Irish Bank All credit card and non-UK card payments are subject Wembley, Middx HA9 8AS to a surcharge. Mastercard, Visa and American Express only. There is no surcharge for UK debit Account number 01412188 cards such as Delta and Maestro. Sort Code 23 83 94 US$ payments in the form of cash or cheques payable IBAN GB40AIBK23839401412188 to St James’s Auctions Ltd. are also accepted. SWIFT AIBKGB2L Please ask for the auction exchange rate. External consultant: US representative: South Africa contact: Japan representative: Mark Rasmussen Mark Teller Gary Levitan Yuji Otani P O Box 42 16055 Ventura Blvd., P O Box 123 Daruma International Galleries Betchworth Suite 635, Saxonwold, 2132 2-16-32-701, Takanawa, Surrey, RH3 7YR Encino, CA 91436, Johannesburg Minato-ku, Tokyo 105-0013 United Kingdom USA South Africa Japan Tel: 01306 884 880 Tel: ++1 818 783 8454 Tel: +2711 483 0161 Tel: ++3 3447 5567 E-mail: [email protected] St James's Sale 32 Pages:Layout 1 27/3/15 15:56 Page 1 St James’s Auctions Knightsbridge Coins Auction 32 Tuesday 19th May 2015 At the Cavendish Hotel, 81 Jermyn Street, St James’s, London SW1 At 10.30 am precisely George III, 1819 George IV, 1828 Victoria, 1838, narrow shield Victoria, 1841, young head Victoria, 1843, narrow shield Victoria, 1863, 827 on truncation Victoria, pattern, 1870 Victoria, 1874, London shield back Victoria, pattern, 1880 George V, 1917, London mint Elizabeth II, proof coronation issue, 1953 Australia, Adelaide pound, type one George V, specimen/proof, 1920S George V, 1916C, Ottawa mint St James’s Auctions Ltd (Knightsbridge Coins) 10 Charles II Street, London SW1Y 4AA 020 7930 7597/7888/8215 view this catalogue on-line at WWW.SIXBID.COM, WWW.THE-SALEROOM.COM and WWW.NUMISBIDS.COM St James's Sale 32 Pages:Layout 1 27/3/15 15:56 Page 2 Date of Sale Tuesday 19th May 2015 10.30 am Lots 1-402 Public View Friday/Monday 15th and 18th May 2015 10.30 am - 4.30 pm at The Cavendish Hotel, 81 Jermyn Street, St James's, London SW1 Viewing at all other times by appointment only Order of Sale English sovereigns Lots 1-141 Australian sovereigns Lots 142-369 Adelaide pounds Lots 142-143 Sydney mint Lots 144-246 Melbourne mint Lots 247-336 Perth mint Lots 337-369 Canadian sovereigns Lots 370-378 South African sovereigns Lots 379-387 Foreign gold coins Lots 388-402 Buyers’ Premium: 20.00% (plus VAT) Catalogued by Lisa Norfolk Bruce Lorich Mark Rasmussen Catalogue Editor Stephen Fenton Printed by Pardy & Son (Printers) Ltd., Ringwood, United Kingdom Price £15 St James's Sale 32 Pages:Layout 1 27/3/15 15:56 Page 3 FOREWORD The owner of the Park House Collection has been an avid enthusiastic collector for many years and his acute eye and patience has certainly been rewarded. The comprehensiveness and the superlative state of preservation ranks it without doubt one of the best collections of sovereigns to be offered in the UK. The collection bristles with rarities, the greatest being the finest known ‘specimen’ 1920S, and the UK proof 1953. The British series is short of one or two dates but all the rarities are there, including the second finest known 1819, and high grade examples of the 1823, 1828, 1838 and 1843 ‘narrow shield’, 1841, 1859 Ansell, 1863 (827 on truncation), 1874 shield reverse, and the 1917. Aside from the legendary 1920S previously mentioned, the Australian coins are outstanding and the following pieces are just some of the rarities to be offered in superb grade: both types of Adelaide pound, Sydney mint 1855 and 1856 issues and the 1922S and 1923S. The Melbourne mint section boasts the 1920, 1921 and 1922 issues and from the Ottawa mint the 1908, 1913 and the very rare 1916. The sovereign market has blossomed in recent years and has a very strong collector base, particularly in the UK, USA and Australia. As a result of this we at St James’s Auctions were the first auction house to include a separate sovereign section in almost every sale. If you are unable to attend the sale, you can bid free of charge through www.the-saleroom.com and the catalogue can be viewed online at www.sixbid.com and www.numisbids.com Credit for putting the catalogue together goes to Lisa Norfolk, Joel Elias, Ruth Müller and Elaine Cheung, and our special thanks go to Mark Rasmussen and Bob Jaggard for their help in putting the collection together, and to Bruce Lorich for his supplementary cataloguing. Thank you for your support and we look forward to your participation in the sale. Stephen Fenton St James’s Auctions St James's Sale 32 Pages:Layout 1 27/3/15 15:56 Page 4 St James's Sale 32 Pages:Layout 1 27/3/15 15:56 Page 5 The Park House Collection of Sovereigns English Sovereigns 1 G George III, sovereign, 1817, laur. head r., rev. St. George and the dragon (S.3785; M.1), about uncirculated £1500-2000 2 G George III, sovereign, 1818, laur. head r., rev. St. George and the dragon (S.3785A; M.2A), uncirculated, a most pleasing specimen, evenly and sharply struck, with lovely old-gold colour, rare £5000-6000 St James's Sale 32 Pages:Layout 1 27/3/15 15:56 Page 6 The Famed 1819 Sovereign 3 G George III, sovereign 1819, laur. head r., rev. St. George and the dragon (S.3785; M.3), almost very fine but details remain bold, including the date, the surfaces showing originality and almost no marks £45,000-55,000 The rarest of all London sovereigns, this the second finest known. The ancient Royal Mint, situated within the walls of the Tower of London for centuries, was replaced early in the 19th century by a new facility, called the Tower Hill Mint, located outside the walls of the Tower but nearby. Challis (A New History of the Royal Mint, 1992) informs us that the move into the new mint ‘proceeded slowly’ after the handsome new structure itself was completed, beginning in the summer of 1810. It was two years until the new mint was in operation (August 1812), using new presses and numerous innovations largely borrowed from the Soho Mint’s manufacturing methods. And yet, the coinage remained of the old style for another four years (and largely consisted of the ‘token coinage’ of silver denominations, bearing the likeness of King George III but issued for the Bank of England during the wars with Napoleon). Gold was of the old denominations, with the guinea being valued at 21 shillings and struck only in 1813: together with the French 20-franc gold pieces dated 1815 (with the portrait of Louis XVIII), these were used largely to pay British troops engaged against Napoleon. Minting equipment kept failing in these first few years at the Tower Hill Mint, and the prices of precious metals fluctuated during this period; they did not settle down to traditional values until the final defeat of Bonaparte. When these troubles were put behind, the now- familiar and so-called New Coinage commenced in 1816 for the silver denominations, and in 1817 for the gold sovereign and its half. Technically, the new coins came into being only following the report of the ‘committee on coin’ dated 21 May 1816. Standard weights were determined thereby, and gold (not silver) was set as ‘the sole standard of value’, Challis tells us, with all coins of lesser value than the gold sovereign being dependent on the sovereign’s intrinsic and legal value. The guinea was thus abandoned to history, as authorities agreed with merchants that the ‘pound’ system with which they all became familiar during the recent war, seen on banknotes, had become the customary way of reckoning. The sovereign, equal exactly to 20 shillings, was born of genius; the conception of Benedetto Pistrucci, who produced the models and attempted early engraving, was ultimately engraved by Thomas Wyon with the titular assistance of William Wellesley Pole (elder brother of the Duke of Wellington), and their efforts combined to create one of the most beloved of all coins, featuring the classic image of St. George slaying the dragon (or devil). The half sovereign’s reverse gave way to a simple but beautiful rendition of the royal shield, the coin not being large enough to display the St. George motif as it was intended to be seen. The hand-finishing of the dies used for the sovereign, in its original conception during its brief appearance from 1817 into early 1820, when the king passed away, is evident in the various small differences in details, such as the ‘ascending colon’ which distinguishes the variety of the lovely 1818 sovereign seen in this collection, whereas the 1819 sovereign displays a ‘descending colon’.