Goldberg Coins and Collectibles

Sale 25

Pre-Long Beach Coin and Currency Auction

World Gold Coins

Lot	Photo	Description	Realized
Lot 1302		Great Britain. ½ Sovereign, 1872. Victoria Young Head. S-3860D; Fr-389f; KM-735.2. Die #80. Some light obverse hairlines account for the harsh number grade, but this is a beautiful and striking coin which Dr Terner purchased privately in 1996 from another half-sovereign collector, who also said it was the best 1872 he could ever locate.Sharply struck as well. Has a wonderful look. PCGS graded MS-62. Estimated Value $300 - 400. View details and enlarged photos	Realized $661
Lot 1303		Great Britain. ½ Sovereign, 1873. Victoria Young Head. S-3860D; Fr-389f; KM-735.2. Die #286. This is a beautiful coin. Superb Choice Uncirculated, lovely red-gold color, virtually a full strike. Interesting small die-breaks, and struck from clashed dies. One of the nicest of Dr Terner's Young Head halves. PCGS graded MS-64. Estimated Value $600 - 800. View details and enlarged photos	Unsold
Lot 1304		Great Britain. ½ Sovereign, 1874. Victoria Young Head. S-3860D; Fr-389f; KM-735.2. Die #44. Prooflike fields and "hard" luster. Choice BU. PCGS graded MS-63. Estimated Value $350 - 500. View details and enlarged photos	Unsold
Lot 1305		Great Britain. Lot of Half Sovereign's: 1874, 1892, 1895, 1906, 1911, 1980 (Proof). Lot of 6 coins. Fine to Proof. Estimated Value $250 - 300. View details	Realized $357
Lot 1306		Great Britain. ½ Sovereign, 1875. Victoria Young Head. S-3860D; Fr-389f; KM-735.2. Die #12. Clashed dies. Sharply struck. Choice BU. PCGS graded MS-63. Estimated Value $350 - 500. View details and enlarged photos	Unsold
Lot 1307		Great Britain. ½ Sovereign, 1883. Victoria Young Head. S-3861; Fr-389e; KM-735.1. Semi-prooflike and Very Choice BU. PCGS graded MS-64. Estimated Value $350 - 500. View details and enlarged photos	Unsold
Lot 1308		Great Britain. Sovereign, 1884. S.3856B; Fr-388; KM-752. Victoria young head. Reverse: St. George. PCGS graded MS-64. Estimated Value $200 - 250. View details	Realized $403
Lot 1309		Great Britain. Pattern Half Sovereign, 1884. Victoria Young Head obverse, mated with a reverse never before seen, and not recorded. The edge is reeded. The photo shows the design clearly. Four ovals form a sort of cruciform, after the medieval style, on the reverse, with open angles between them, producing an exquisitely simple but dramatic look. Within the ovals are the symbols of the kingdom. Outside, forming a border within a recessed and separately mirrored circle, is the legend in Latin. This reverse style is unknown in the literature and this specimen reputedly came from King Farouk decades ago. Curiously, it resembles the also unique 1798 pattern half-guinea in gold, which also came from Farouk. This is the reason for Dr Terner's interest in this piece, although its beauty deserves mention all by itself. It's a grayish mauve in color, and beautiful. No others known, in any metal. Fascinating! PCGS graded Proof 64. Estimated Value $6,500 - 7,500. View details	Realized $7,763
Lot 1310		Great Britain. ½ Sovereign, 1884. Victoria Young Head. S-3861; Fr-389e; KM-735.1. Choice BU, bright luster, small marks of course. PCGS graded MS-63. Estimated Value $300 - 400. View details and enlarged photos	Unsold
Lot 1311		Great Britain. Jubilee Set with Gold and Silver, 1887. KM-758-769. Victoria. Set includes: 5 and 2 Pounds; Sovereign and Half Sovereign: Silver: 3 Pence thru Crown. In custom fitted case. Silver deeply toned. Lot of 11 coins. Almost Uncirculated to Uncirculated. Estimated Value $1,500-UP. View details	Realized $1,898
Lot 1312		Great Britain. 5 Pounds, 1887. Victoria Jubilee Head. S-3864; Fr-390; KM-769. Dr Terner occasionally verged away from his main collecting focus of the smaller gold coins mainly out of curiosity (and a lack of coins to purchase). He acquired three examples of the largest Jubilee gold coins. One was the glassy-surfaced Gem sold in the first sale a year ago, which realized $3,680. Another was the other coin in this sale, having a prooflike obverse. The third is this beautiful, totally original specimen, which exhibits a rarely seen satiny frost in its luster on both sides and has almost no abrasions. There is a strike-through (caused by a piece of lint on the die) on the reverse near the rim at about 2 o'clock. Gem Uncirculated. PCGS graded MS-65. Estimated Value $2,500 - 3,250. View details	Unsold
Lot 1313		Great Britain. 5 Pounds, 1887. Victoria Jubilee Head. S-3864; Fr-390; KM-769. These coins never circulated widely, although enough worn coins are seen in the market to prove that some did in fact serve their commercial purpose. By and large, they were used in bank transfers during the Victorian age. Few have survived as finely preserved as the present example, which is prooflike on the obverse with glittering mirrored fields, and satiny on the reverse. Probably originally part of a mint set. Superb Choice BU. PCGS graded MS-64. Estimated Value $2,500 - 3,000. View details	Unsold
Lot 1314		Great Britain. 5 Pounds, 1887. Fr-390; KM-769; S-3864. Victoria. Jubilee head. Brilliant with fully lustrous fields. NGC graded MS-64. Estimated Value $2,500 - 3,000. View details and enlarged photos	Realized $1,783
Lot 1315		Great Britain. 5 Pounds, 1887. S.3864; Fr-390; KM-769. Victoria jubilee head. Lovely example. NGC graded MS-64. Estimated Value $2,500 - 3,000. View details	Unsold
Lot 1316		Great Britain. Proof 2 Pounds, 1887. Victoria Jubilee Head. S-3865; Fr-391a; KM-768. 797 minted. This year celebrated the 50th anniversary of Victoria's monarchy, and merriment reigned among the upper classes in recognition. But the nation at large, while a mighty military force whose campaigns across the globe enthralled the masses back home, saw many people struggling to survive. As it is today, the British economy was a hectic one, in which money was spent quickly over and over again; relatively few pristine examples of the coinage survived such commercial use. For this reason, the Royal Mint issued special coins for collectors such as this beautifully engraved and executed specimen. An excellent memento indeed! Choice cameo Proof. PCGS graded Proof 63 Deep Cameo. Estimated Value $2,000 - 2,500. View details	Realized $2,185
Lot 1317		Great Britain. 2 Pounds, 1887. Fr-391; S.3865; KM-768. Victoria. Jubilee bust. PCGS graded MS-66. Estimated Value $800 - 1,000. View details and enlarged photos	Realized $1,783
Lot 1318		Great Britain. 2 Pounds, 1887. Victoria Jubilee Head. S-3865; Fr-391; KM-768. Purchased simply as a sample of the coinage. A particularly choice coin with excellent luster and relatively few abrasions. Superb Choice BU. PCGS graded MS-64. Estimated Value $800 - 900. View details	Realized $891
Lot 1319		Great Britain. 2 Pounds, 1887. Victoria Jubilee Head. S-3865. Fr-391; KM-768 Superb Choice BU, lovely original color, very close to Gem. An excellent "sample" of what was probably the largest circulating gold coin of its day, for few "big fivers" were actually used by the public in commercial transactions. Most goods and services of Victorian England were reckoned or counted in pennies, sometimes in shillings, but rarely in gold pounds. This coin, in its day, represented the average person's income for weeks, if not months, of labor. Few were saved in pristine condition. PCGS graded MS-64. Estimated Value $800 - 900. View details	Realized $891
Lot 1320		Great Britain. 2 Pounds, 1887. S.3865; Fr-391; KM-768. Victoria jubilee head. PCGS graded MS-64. Estimated Value $800 - 900. View details	Unsold
Lot 1321		Great Britain. Proof Sovereign, 1887. Victoria Jubilee Head. S-3866; Fr-392a; KM-767. Mintage: 797 pieces. Superb Gem Proof with deep gold color and heavy cameo contrast. The finest seen in 22 years. A stunning Proof! PCGS graded Proof 65 Deep Cameo. Estimated Value $3,000 - 4,000. View details	Unsold
Lot 1322		Great Britain. Proof Sovereign, 1887. Victoria Jubilee Head. S-3866; Fr-392a; KM-767. Mintage: 797 pieces. A classic rarity with a heavy cameo portrait and totally original, undipped, unblemished surfaces. Full and deep mirrors with no haze! So fresh and "clear" in its surfaces, so bold in its strike, that it seems fair to call this stunning coin a Gem Proof. It far outshines almost every other example we saw in our 22 years of hunting for greatness in gold, except for the other coin in this sale. The numerical grade seems harsh when you view this, a truly splendid Proof gold sovereign! PCGS graded Proof 64 Deep Cameo. Estimated Value $2,250 - 3,000. View details	Unsold
Lot 1323		Great Britain. Proof Half Sovereign, 1887. Victoria Jubilee Head. S-3869; Fr-393a; KM-766. Just 797 pieces were struck for the Jubilee celebration sets sold to collectors. In truth, most of those sets were not very well kept by the public nor by the following generations of collectors, because most pieces today show various nicks, scratches and loads of hairlines. This beauty escaped! Superb Choice Proof and very heavily frosted on both sides, thus absolutely gorgeous! PCGS graded Proof 64 Deep Cameo. Estimated Value $1,250 - 1,500. View details	Unsold
Lot 1324		Great Britain. Half Sovereign, 1887. Victoria Jubilee Head. S-3869; Fr-393; KM-766. A lovely example of the common currency issue, struck during the celebration year for the queen's 50th anniversary as monarch. Gem BU, satiny and verging on the Superb. Fully struck, showing the tiniest details! PCGS graded MS-65. Estimated Value $300 - 400. View details	Unsold
Lot 1325		Great Britain. ½ Sovereign, 1887. Victoria Jubilee Head. S-3869; Fr-393; KM-766. Gem satiny Uncirculated, sharply struck, beautiful "set" old-gold color. Probably from a mint set. PCGS graded MS-65. Estimated Value $300 - 400. View details and enlarged photos	Realized $518
Lot 1326		Great Britain. Pattern Sixpence struck in Gold, 1887. Victoria, veiled and wearing the bejeweled "small crown"; a mature portrait of her facing three-quarters left. Reeded edge. WR-381. R5: just 6 to 10 known. ESC-1784. KM-Pn-101. This is an example in gold of the experimental Jubilee Bust engraved by L.C. Lauer, struck by J.R. Thomas for Spink & Son. The distinctive obverse, which appears on no regular gold or other issue, shows the queen's portrait surrounded by her name and titles in English, rather than the traditional Latin abbreviations. This is mated to an exquisitely rendered reverse showing a lion and unicorn on either side of the royal arms. A thistle, shamrock and rose appear in the reverse exergue along with the date in roman numerals. The design also exists in silver, brass, bronze, tin and aluminum or white metal, with variants; but this exquisite specimen is probably the finest known example struck in gold. It is the sole piece found in absolutely Gem condition, in more than 20 years of searching for examples of extraordinary British gold coins. As well as the marvelous grade, there is a splendid cameo contrast to the queen's portrait, and to the reverse motif. Purchased in our Terner One sale, reviewed and given a deserved higher grade, and now re-consigned. PCGS graded Proof 65 Deep Cameo. Estimated Value $4,500 - 6,000. View details	Realized $6,038
Lot 1327		Great Britain. 5 Pounds, 1893. Fr-394a; S.3872; KM-787. Victoria. Veiled bust. A lovely example with great eye appeal. PCGS graded Proof 64 Deep Cameo. Estimated Value $3,500 - 4,500. View details and enlarged photos	Realized $5,175
Lot 1328		Great Britain. 5 Pounds, 1893. Victoria Old Head. S-3872; Fr-394; KM-787. Quite scarce in high grade, for the reasons enumerated elsewhere under the larger denomination gold pieces. Catalogues for 1,600 Pounds (about $2,800 at the time this catalogue was written) in the new Spink guidebook. Choice BU, flashy luster and semi-prooflike. From an original gold mint set. PCGS graded MS-63. Estimated Value $2,250 - 2,750. View details	Unsold
Lot 1329		Great Britain. 2 Pounds, 1893. Victoria Old Head. S-3873; Fr-395; KM-786. Scarcer than the 1887 coin, cataloguing for 50% more in the Spink guidebook (650 Pounds, or about $1,100 at the time this catalogue was written). This is one of the nicest seen, taken from an original gold mint set of this year and having satiny luster and lovely mellow gold color. Very Choice BU. PCGS graded MS-64. Estimated Value $950 - 1,200. View details	Realized $978
Lot 1330		Great Britain. Proof Sovereign, 1893. Victoria Old Head. S-3874; Fr-396a; KM-785. Mintage: 773 pieces. This wonderful coin possesses splendid, untoned surfaces having an exceptional "clear" brightness to them, an intense hard mirrored brilliance seen in very few of these today. Superb Gem brilliant Proof. A coiner's masterpiece in gold! PCGS graded Proof 66 Deep Cameo. Estimated Value $2,250 - 3,000. View details	Realized $4,025
Lot 1331		Great Britain. Proof Sovereign, 1893. Victoria Old Head. S-3874; Fr-396a; KM-785. Mintage: 773 pieces. A beautiful example of the mature or Veiled Portrait by Thomas Brock, introduced to the general coinage in this year. Gem Proof, exceptionally heavy cameo contrast. PCGS graded Proof 65 Deep Cameo. Estimated Value $2,000 - 2,500. View details	Realized $2,070
Lot 1332		Great Britain. Sovereign, 1893. Victoria Old Head. S-3874; Fr-396a; KM-785. Mintage: 773 pieces. Superb Choice Proof. A beautiful example with exquisite color. PCGS graded Proof 64 Deep Cameo. Estimated Value $750 - 1,000. View details and enlarged photos	Unsold
Lot 1333		Great Britain. ½ Sovereign, 1893. Victoria Old Head. S-3878; Fr-397a; KM-784. Mintage: 773 pieces. While this coin, from the Proof set of this year, catalogues in the standard reference for a mere 450 Pounds in "FDC," virtually all the pieces seen on the market are both marked up and extensively hairlined. The marks occur when the Proofs knock into each other over many years, while in the traditional deluxe plush cases, which while handsome supply very little protection to the coins. Unfortunately, most of the 773 Proofs struck back in 1893 have also been cleaned, with resulting hairlines. This marvelous example possesses an appealing, frosted cameo contrast together with undisturbed, glittering mirror fields. Purchased in 1981. PCGS graded Proof 65 Deep Cameo. Estimated Value $1,000 - 1,250. View details and enlarged photos	Realized $1,725
Lot 1334		Great Britain. Half Sovereign, 1893. Victoria Old Head. S-3878. Fr-397a; KM-784. While the mintage was a mere 773 pieces for the sets issued this year for collectors, really fine examples are a lot harder to locate than many believe. It would also be easy to assume that late-19th-century Proofs in gold just come nice, based on the coins in this sale, but nothing could be farther from the truth. Just take a little flight to London and see for yourself how many you can find! This is a beautiful coin! Heavily frosted cameo and gorgeous gold color! PCGS graded Proof 64 Deep Cameo. Estimated Value $750 - 1,000. View details	Realized $978
Lot 1335		Great Britain. Half Sovereign, 1893. Victoria Old Head. S-3878; Fr-397; KM-784. A wonderful example, no question about it! Superb Gem BU. Satiny orange-peel luster. Bold strike. About as good as it gets. PCGS graded MS-66. Estimated Value $350 - 500. View details	Realized $776
Lot 1336		Great Britain. Half Sovereign, 1893. Victoria Old Head. S-3878; Fr-397; KM-784. A common type, made in large numbers for commercial purposes, to be spent a century ago for goods and services. Most certainly were, although not for too long as the end of the gold-standard in Great Britain was only some 25 years away. Finding nice examples of this coin today is not so easy as it sounds, not when you apply the tough grading standards used by this grading service. What many call "Choice BU" for uncertified coins are generally far, far distant from this coin in quality. Gem BU, lovely gold color, and a super-sharp strike! PCGS graded MS-65. Estimated Value $250 - 400. View details	Realized $449
Lot 1337		Great Britain. Half Sovereign, 1897. Victoria Old Head. S-3878. Fr-397; KM-784. Please see comments about availability under the first 1893, above. Gem BU, a beauty! PCGS graded MS-65. Estimated Value $250 - 400. View details	Realized $489
Lot 1338		Great Britain. ½ Sovereign, 1897. Victoria Old Head. S-3878; Fr-397; KM-784. Bought in 1982, and the best of this date we could ever locate. Very Choice BU, pleasing in every way. PCGS graded MS-64. Estimated Value $150 - 175. View details and enlarged photos	Realized $230
Lot 1339		Great Britain. Coronation Gold and Silver Set: 5 & 2 Pound, Sovereign & Half Sovereign, Crown thru Maundy, 1902. KM-PS15; S-PS9. Edward VII. With case. Silver attractively toned. One of the nicer sets seen in some time; put away two decades or more ago. In hot demand. Lot of 13 coins. Choice Matte Proof. Estimated Value $2,000 - 2,500. Not part of the Terner Collection. View details	Realized $3,450
Lot 1340		Great Britain. Coronation Gold and Silver Set: 5 & 2 Pound, 1 & ½ Sovereign; Crown thru Maundy Set, 1902. KM-PS15. Edwards VII. Silver set toned. With case. Lot of 13 coins. Matte Proof. Estimated Value $1,500 - 1,750. View details and enlarged photos	Realized $1,955
Lot 1341		Great Britain. Edward VII (1902-1910), gold coronation medal, by deSaulles. Plain edge. Eimer-1871, the official Royal Mint issue. 31 mm in diameter. Superb portraiture by G.W. deSaulles, who was responsible also for the coinage portraits of the coins of this reign. Edward VII on obverse; his queen consort, Alexandra, on reverse. Coronation date was August 9, 1902. Not only Mint State, but a Superb Gem example of this scarce medal, exhibiting perfect, age-mellowed rose-gold toning. A wonderful piece, as fine as they come. An ideal testament of the artistry of the Edwardian Age. Estimated Value $600 - 750. View details	Realized $863
Lot 1342		Great Britain. 5 Pounds, 1902. Fr-398a; KM-807; S-3966. Edward VII. Minor field abrasions. PCGS graded Matte Proof 62. Estimated Value $700 - 800. View details and enlarged photos	Realized $978
Lot 1343		Great Britain. Specimen 2 Pounds, 1902. Edward VII. S-3967 for type, however this is a most unusual coin which appears to be struck from Roman Finish Proof dies, as the surfaces are not at all like the Matte Proofs nor exactly like the satiny luster on normal currency pieces. Some swirling raised-die work may be seen, and the rims are different, bevelled rather than rounded or squared. The cataloguer has not seen the coin listed as WR-405 in the Wilson & Rasmussen gold book (given a rarity rating of R7), but this appears to be an example of that variety, described as having "incomplete matt surface which is more grainy than the regular issue." Whatever it in fact is, it's highly unusual, very distinctive, and particularly nice. Wonderful light gold color! Superb Choice Specimen Proof. PCGS graded Specimen 64. Estimated Value $1,500 - 2,000. View details	Realized $2,300
Lot 1344		Great Britain. 2 Pounds, 1902. Edward VII. S-3967; Fr-399; KM-806. For a suggestion of why these coins are so scarce in true Uncirculated condition, see our comments under the 1887 2-Pound pieces. This 1902 is an unusually nice example, taken from an original mint set of this year (rarely seen anymore, as most have long since been broken up). It has gorgeous color. Superb Choice BU. PCGS graded MS-64. Estimated Value $900 - 1,100. View details	Realized $1,150
Lot 1345		Great Britain. "Long" Proof set, 1911. George V's coronation set, complete: £5, £2, sovereign and half sovereign in gold; also the silver halfcrown, florin, shilling, sixpence, and four Maundy coins. Scarce, but most sets seen contain heavy marks and hairlines. This set is nicer than many. The gold has a pleasing mellow color, with only light hairlines on the two bigger coins. The sovereign and half sovereign are similar in color but slightly nicer. The silver is medium gray in color, a balanced set. Comes with the red leather case, which is bright and nicer than most. The average grade of the coins is: Proof 63. Estimated Value $2,750 - 3,500. Total of 12 coins plus the case. Not part of the Terner Collection. View details	Unsold
Lot 1346		Great Britain. Sovereign, 1911. Fr-404a; KM-820; S-3996. George V. Minor hairlines. Brilliant. NGC graded Proof 63. Estimated Value $250 - 350. View details and enlarged photos	Realized $414
Lot 1347		Great Britain. Sovereign, 1915. S-3996; Fr-404; KM-820. George V. Difficult to find so fine. Choice Brilliant Uncirculated. Estimated Value $125 - 150. Not part of the Terner Collection. View details	Realized $150
Lot 1348		Great Britain. Sovereign, 1917. George V. S-3996; Fr-404b; KM-820. Britain went off the gold standard during World War One, and it meant that almost all of the 1917 sovereigns minted in London went right back into the melting pot, creating a major rarity among sovereigns. This is, bar none, the number-one piece we ever located, and subsequent to buying it we saw only one other of approximately the same quality (but not better). Extremely rare! Catalogues in Spink's reference for £3,500 (about $6,000) in EF grade and is unpriced in Mint State. The finest known? We suspect it is. Choice BU, bright luster, only tiny abrasions, generally well struck and having lovely red-gold color. PCGS graded MS-63. Estimated Value $6,000 - 7,500. View details and enlarged photos	Realized $8,913
Lot 1349		South Africa. Sovereign, 1923-SA. George V, Pretoria Mint (South Africa). S-4004. Fr-5. KM-21. One of the rarest sovereigns of the 20th century. The mintage was a reported 64 pieces. Dr Terner was only peripherally interested in branch-mint coins but the rarities of the Pretoria Mint captured his imagination (his other 1923-SA and his 1924-SA sovereigns were sold in the first Terner auction, in May 2003). This very coin marks the start of the famed South Africa gold coinage and it was created at an interesting moment in time. Three decades earlier, British military campaigns during the Zulu War of 1879 made history, notably the remarkable defense of Rorke's Drift. Once the native tribes had been put down, white settlers began to change the territory, and the diamond-mining firm of deBeers attempted to plumb South Africa's recently discovered deep-mine gold reserves. By 1925 the ore was coming from the mines by the ton. Two years before, in 1923, it had been a trickle of gold dust. The first sovereigns struck from it were coined in tiny numbers. Some 15 years ago, the cataloguer, who was Dr Terner's guide in building this collection, had an opportunity to purchase two very special coins. They had just been brought to London by a descendant of the deputy mintmaster of the Bombay Mint (1918-1919), Raoul Kaman, who in the early 1920s was also overseer of the construction of the Rand Refinery at Germiston, South Africa, and had been given the first four sovereigns struck at the new mint at Pretoria by the chief coiner. All four were Uncirculated, needless to say, having been saved from the day they were minted. Two were especially fine, and these were purchased for Dr Terner. One appeared in his previous sale, graded MS65 by PCGS. It realized $6,900. This piece is even finer, if only by a smidgeon. It is Superb in every way! It has perfect deep-gold color. Its surfaces are so "fresh" and pure that one can imagine the mintmaster removing this coin from the dies, using white gloves, and carefully wrapping it in diamond-paper to save it for posterity. Worth a runaway price, with an inspiring provenance that few coins can claim. PCGS graded MS-66. Estimated Value $6,500 - 8,000. View details	Realized $10,925
Lot 1350		Great Britain. 4 Piece Gold Coronation Proof Set: 5 and 2 Pound, Sovereign and ½ Sovereign, 1937. S.PS15; KM-PS22. George VI. With red case of issue. Choice Brilliant Proof. Estimated Value $2,500 - 3,000. View details	Realized $3,220
Lot 1351		Great Britain. Coronation Gold Proof set, 1937. George VI. An unusually fine and especially brilliant set that consists of the following four coins: 1937 £5 S-4074 PCGS graded PR65 Deep Cameo; 1937 £2 S-4075 PCGS graded PR66 Cameo; 1937 Sovereign S-4076 PCGS graded PR65; and 1937 Half Sovereign S-4077 PCGS graded PR64 Cameo. All are Terner Registry coins. Each coin has beautiful old-gold color. The PCGS grades seem harsh to this cataloguer, who has owned many dozens of these sets, few of which have equaled this one. The Half Sovereign has only a few whispy hairlines and looks like a Gem. The rarity of these sets in top grade is not fully appreciated, for most have been poorly handled since 1937 and have numerous scratches and other abrasions. This is the official coronation gold set for King George VI, the last gold Proofs minted in England until 1980. For the past twenty-four years or so, the Royal Mint has become quite a commercial enterprise, and the recent gold Proofs were made in large numbers, as many as could be sold each year. Such was not the case for earlier gold sets, the last of which was this 1937 issue. Records vary slightly, but the mintage is now generally taken as only 5,001 sets (formerly it was thought to be 5,501). The cataloguer would estimate that perhaps three-quarters of all the sets made in 1937 have been impaired to some extent. The present lot is an original set, matched in color. It is typical for some pieces to have cameos while others do not. The £5 in this set has the deepest cameo contrast imaginable, and is exquisite in and of itself. Nice sets have sold this year for some $5,000 in England. This set should be worth more but we will give a more reasonable estimate. Total: 4 coins. Estimated Value $3,000 - 3,500. View details	Realized $4,974

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