William and Mary (1688-94), gold Five Guineas, 1692, elephant and castle below, conjoined busts right, legend surrounding, GVLIELMVS. ET. MARIA. DEI. GRATIA, toothed border around rim both sides, rev. crowned quartered shield of arms with scalloped frame, Lion of Nassau as an escutcheon at centre, date either side of crown, MAG. BR. FR. ET. HIB . REX. ET. REGINA., edge inscribed in raised letters, inverted orientation to obverse, +DECVS. ET. TVTAMEN. ANNO. REGNI. QVARTO., 41.50g (Schneider -; MCE 139; King 126; S.3423). Rich amber tone with mirrored elements to the periphery, few nicks in the portraits and a little distortion in parts of the finer details of the reverse shield, graded by NGC as AU53.NGC Certification 8221107-001
The Latin legends translate to on obverse "William and Mary by the Grace of God" continuing on the reverse as "King and Queen of Great Britain, France and Ireland."
The elephant and castle provenance mark represents the "Royal African Company of England" as it had been so reconstructed by the Duke of York from 1672. The "R.A.C." found success trading with Africa and the New World through the 1670s and 1680s, from 1692 onwards things became more distorted, the Nine Years War with France did not help, as well as competition from other traders over the African monopoly, the company seemed to hold along with the East India Company for the Far East. In 1697 a modus vivendi was reached allowing others to trade in Africa, under the proviso they paid a 10% tariff to the R.A.C.
Starting price | 10'000 GBP |