Lot 362
Great Britain. Guinea, 1715. S-3630; Fr-327; KM-543. George I, 1714-1727. Third Laureate Head. Laureate head right. Reverse: Crowned cruciform arms, with alternating scepters at angles, Garter star at center. Another scarce and early issue of this reign. The third bust type was used only for two years, 1715 and 1716. Few pieces of this type are known so fine, picked for its lack of abrasions and unusual eye appeal. NGC graded MS-60.
To give some historical perspective, the year 1715 witnessed the beginning of Liverpool's famed docks, which would be the source of most imports to Britain for the coming two centuries. The city was dramatically transformed from a backwater fishing town to one of the world's great ports and rapidly became one of the key legs in Britain's "Triangular Trade," the lucrative mercantilist policy that provided slaves to the American continents. This was also the era of the Bucaneers, and the pirate Blackbeard was captured and hung just three years after this coin was minted.
Estimated Value $3,000 - 3,500.
Ex Dr Jacob Y. Terner Collection.
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| Realized $2,990 |
