Edward III Quarter-Noble Treaty Period Calais AU53

Edward III (1327-1377), gold Quarter-Noble of one shilling and eight pence, Calais Mint, fourth coinage, Treaty period (1361-69), cross above quartered shield of arms in tressure of eight arcs, trefoils on cusps, Latin legend and beaded borders surrounding, +EDWARDxx DEIxx GRAxx REXxx AnGL', curule style X both sides, rev. voided quatrefoil in central compartment of ornate cross with lis terminals, lion over trefoil in each angle, all within beaded and linear tressure of eight arcs, Latin legend and beaded border surrounding, initial mark cross pattée, +EXALTABITVRxx Inxx GLORIA, (Doubleday 278; Schneider 101; N.1246; S.1514). Toned with some surface marks and undulation, rim knock, otherwise has been slabbed and graded by NGC as AU53 and extremely rare.

NGC certification 2130707-012.

The abbreviated Latin legends translate as on the obverse "Edward by the Grace of God, King of England," and on the reverse "He shall be exalted in glory," a Psalm from the Bible.

We note only one example of this variety was present in the vast Doubleday collection of Edward III and that coin ended up in the Schneider Collection after Herbert Schneider paid £150 hammer for it in 1972.

The town of Calais in France a part of England since 1347 first opened a branch of the Royal Mint, coining on dies shipped in from London, from February 1363 as the Wool Staple was established here on 1^st March 1363 following withdrawal from Bruges in the previous autumn of 1362. Merchants would purchase English wool at the Staple and the continental gold and silver money would be then converted physically into English denominations in this mint.

Provenance:

Ex Dr Rolf Baumhauer, British gold Collection, part 3, Sincona, Auction 79, 22^nd October 2022, lot 1013.