Lot 4451
Great Britain. Noble, ND. S.1503. Edward III, 1327-1377. London mint. Treaty period. Annulet before Edward. Obverse, King standing facing carrying sword and shield. Reverse: Floriated cross with e in center. This is a delightful coin - struck on an unusually large and round flan, well centered with a superb portrait. All lettering is well defined and the coin shimmers with original luster. NGC graded MS-62.
The background story is that this coin was recovered from a shipwreck, and was the best quality piece among those found. This would explain why there are no spade marks or any of the areas of damage which are often associated with gold coins of this period which have been discovered in the ground.
The gold noble was introduced in 1344 and was valued at 80 pence or one third of an English Pound. The gold nobles of Edward III are not as rare as those of Richard II, Henry IV and Henry V, but they are rare in high grade. It is true to say that most of the Edward III nobles have weak portraits and an uneven shape, so this coin is exceptional.
Estimated Value $3,800 - 4,200.
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| Realized $4,370 |
