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GM28622

George I 1717 Two-Guineas AU55, first date for denomination in reign

George I (1714-27), gold Two Guineas, 1717, laureate head right, legend and toothed border surrounding, GEORGIVS. D.G. M.B.FE. ET. HIB. REX. F.D., rev. die axis a little off-centre, crowned cruciform shields, incorporating the Arms of Hanover, sceptres in angles, garter star at centre, date either side of top crown, BRVN ET. L. DVX S.R.I.A.TH ET. EL., edge, diagonally grained (Schneider -; Bull EGC 499; MCE 242; S.3627). Toned with an attractive red hue, some light wear and surface marks, otherwise has been slabbed and graded by NGC as AU55.

NGC Certification 6295553-030.

1717 is the first year for the gold Two Guineas of George I, and the calendar year output of gold was £675,777. Sir Isaac Newton was the Master Worker of the Mint at this time and was the first to officially call the gold coinage the "guinea" in a report made in the Mint papers of 1717. The gold coins had been called Guineas colloquially since the time that gold dust and metal began to be imported from the African country of Guinea, during the reign of Charles II.

Provenance:

Ex Spink and Son Ltd, private purchase, 30th January 2013

Ex Distinguished Collection, sold by Spink en bloc August 2018.

Ex St. Albans Collection - on NGC label.

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