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JM36277

James I gold Double Crown AU55, initial mark mullet, very rare mark

James I (1603-25),gold Double Crown, second Coinage (1604-19), fifth crowned bust right within beaded circles and legend, initial mark mullet (1611-12), .IACOBVS. D;G; MAG; BRIT; FRA; ET. HIB; REX.,rev.crowned quartered shield of arms, I to left, R to right, .HENRICVS. ROSAS. REGNA. IACOBVS, weight 4.86g (Schneider 36; N.2088; S.2623).Lightly toned, hairline scratch in obverse field with dig near face, flan flaw behind bust, some striations and crazing on reverse with weakness to high points, otherwise has been slabbed and graded by NGC as AU55 as the finest graded, a very rare mint mark.

NGC certification 8221158-004 - we note this coin is currently the top of the population and a very rare mint mark. None graded by PCGS and only one other lower grade at NGC.

The abbreviated Latin legends translate as on the obverse "James by the Grace of God, King of Great Britain, France and Ireland" and on the reverse as "Henry united the Roses, James the Kingdoms," a legend that is exclusive to this reign.

The original pyx trial records show that £72,036 of 22 carat crown gold was struck for this mint mark from 10thMay 1611 until 22ndMay 1612, which is the third lowest mintage when compared across the mint marks of the second coinage.

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