George II 1729 Five-Guineas, EIC, MS61, East India Company gold

George II (1727-60), gold Five Guineas, 1729, initials of the East India Company, E.I.C. below first young laureate bust left, Latin legend with pellet stops surrounding, GEORGIVS. II. DEI. GRATIA. translates as "George II by the Grace of God" toothed border surrounding, rev. crowned quartered shield of arms, date either side of top crown, abbreviated Latin legend, .M. B. F. ET. H. REX. F. D.B. ET. L. D. S. R. I. A. T. ET. E. translates as "King of Great Britain, France and Ireland, Defender of the Faith, Duke of Brunswick and Luneberg, High Treasurer and Elector of the Holy Roman Empire," toothed border surrounding, edge inscribed in raised letters DECVS ET TVTAMEN ANNO REGNI TERTIO, translates as "An ornament and a safeguard, in the third year of the reign (Schneider 556; Schneider dies 2/2; Bull EGC 553; King 161-2; Holloway 82; M.C.E. 279; S.3664). A lovely example of the East India Company issue - the only time they issued a Five Guinea, has been graded and slabbed by PCGS as MS61.

PCGS certification 611016.61/50619267 - MS61 Out of a total of 74 pieces straight graded at both services only seventeen pieces are graded finer.

King Survey = 189 examples in commerce over the period 1960-2005.

The Latin legends translate as on obverse "George II by the Grace of God" and continues on to the reverse as "King of Great Britain, France and Ireland, Defender of the Faith, Duke of Brunswick and Luneberg, High Treasurer and Elector of the Holy Roman Empire".

We note the official mint record of gold output for 1729 totals zero production, but the following year of 1730 likely contains the 1729 dated coins at a total of £91,628 worth of Five Guineas and Half Guineas including the East India Company issue dated 1729 and Guineas and Half-Guineas dated 1730.

Provenance:

Ex Frank Waley Collection (died 1986).