William and Mary 1691 Five-Guineas, NGC XF45

William and Mary (1688-94), gold Five Guineas, 1691, conjoined laureate busts right, Latin legend with pellet stops surrounding, GVLIELMVS. ET. MARIA. DEI. GRATIA translates as "William and Mary by the Grace of God" toothed border surrounding, rev. crowned quartered shield of arms with scalloped frame, with an escutcheon of the Lion of Nassau, date either side of top crown, abbreviated Latin legend .MAG. BR. FR. ET.HIB REX. ET. REGINA. translates as "King and Queen of Great Britain, France and Ireland" 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 -; Bull EGC 344; King 124; Holloway 47; M.C.E. 136; S. 3422). Toned with some light surface marks, the first date for the denomination in this reign, has been slabbed and graded by NGC as XF45.

NGC certification 1522535-009.
King Survey = 111 examples in commerce over the period 1960-2005.

The Latin legends translate as on the obverse "William and Mary by the Grace of God," and abbreviated on the reverse as "King and Queen of Great Britain, France and Ireland."

We note that the total calendar year output of gold for 1691 = £54,497 which would have been used to produce Five Guineas, Two Guineas, Guineas and Half-Guineas.

Provenance:

Ex Stacks Bowers, New York, sale 174, 12^th January 2013, lot 2347.

Ex Heritage, 18^th April 2013, lot 24176.