Anne 1707 Guinea, Pre-Union reverse very rare, AU Details cleaned

Anne (1702-14),gold Guinea, 1707, Pre-Union type, first draped bust left, Latin legend and toothed border surrounding, ANNA. DEI. GRATIA.,rev.crowned emblematic Pre-Union cruciform shields, rose at centre, emblematic sceptres in angles, date either side of top crown, Latin legend and toothed border surrounding, .MAG BR.FRA ET.HIB REG., edge, milled (Schneider -; Farey 500 VR S; Bull EGC 464 R3; S.3562).Toned, some nicks and light surface marks, has been slabbed by NGC as details cleaned, perhaps it may have been once and has an overtone, otherwise very fine and very rare, one of only five pre-Union dates possible to collect.

NGC Certification 2119552-044.

The Latin legends translate as "Anne, by the grace of God," on obverse and on the reverse as "Queen of Great Britain, France and Ireland."

Gold was seemingly in quite short supply in the first pre-Union part of the reign of Queen Anne. The calendar year output for gold in 1707 totalled a mere £27,012 most of which would have been issued after the The Act of Union with Scotland which had begun from the 1^st May 1707. The pre-Union guineas were only struck dated 1702, 1705, 1706 and 1707, along with a special limited issue of VIGO guineas struck dated 1703 which were made only from the gold captured from Spain at Vigo Bay in 1702. The pre-Union guineas are all very rare when compared with what comes later as the gold issues climb into six figure sums with the most in 1714 when over half a million pounds worth of gold was struck.

Provenance:

Ex Dr Rolf Baumhauer, Sincona Auction 72, 21^st November 2021, lot 710.