3 days

Elizabeth I gold Pound, sixth issue, mint mark O

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Start price: £7,000

Estimated price: £7,000 - £10,000

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Description

Elizabeth I (1558-1603), gold Pound of twenty Shillings, sixth issue (1582-1600), crowned bust in ruff and elaborate dress left, Latin legend and outer beaded border on both sides, initial mark cypher O both sides but at start of legend both sides (1600-01), O ELIZABETH. D; G; ANG; FRA; ET. HIB; REGINA., rev. crowned quartered shield, E to left, R to right, Latin legend and toothed border surrounding, annulet stops, SCVTVM. FIDEI. PROTEGET. EAM., 11.11g (Schneider -/804; N.2008; S.2534). Brightly cleaned and polished with slight bend to flan, residual gold pimple at top and bottom of reverse edge from a prior mounting, small area of spot removal behind head, otherwise of full weight and well centred, weak in parts though the portrait decent, very fine, reverse stronger.


Condition report:

The abbreviated Latin legends translate as on the obverse Elizabeth, by the Grace of God, Queen of England, France and Ireland; and on the reverse The shield of faith shall protect her.An indenture of the 3rd June 1593 with Sir Richard Martin allowed for the reintroduction of crown gold (0.917 fine) denominations of Pounds, Half-Pounds, Crowns and Halfcrowns whilst the fine gold indenture of 1583 was still in effect. The final mint mark of this issue of the crown gold coinage was the cypher, and it has been estimated by Brown and Comber that the output for this mint mark was £26,477 worth out of a total accounting period of £33,417 worth of crown gold from 1st October 1599 to the 28th July 1601.