E.I.C. gold 5 guineas in auction
Any Great British golden 5 guineas is a rare coin. And when one from Britain’s House of Hanover comes on the market in high grade and carrying the magic letters…
Any Great British golden 5 guineas is a rare coin. And when one from Britain’s House of Hanover comes on the market in high grade and carrying the magic letters “E.I.C.,” the gleams in collectors’ eyes are certain to frighten bank account managers.
One such coin is among the highlights of Ancient British and World Coins sale to be held Dec. 4-5 by Dix Noonan Webb in London.
The 1729 coin bears the laureate head of George II on the obverse and his crowned arms on the reverse. It is graded gVF and expected to fetch between $13,000 and $20,000 [£8,000 and £12,000].
The letters ‘E.I.C.’ below the king’s bust refer to the East India Company who supplied the gold to the Royal Mint. The letters appear on the issue of 1729.
This article was originally printed in World Coin News.
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