Press release from Dix Noonan Webb:
One of only two known specimens of the 1910 George V pattern
crown in gold designed by A.G. Wyon topped Dix Noonan Webb’s auction
of coins, tokens and historical medals on Feb. 11, 2015, when it
fetched £144,000 ($219,364 U.S.) including buyer’s commission (£120,000
other highlight of the sale was a group of 20th century Royal Mint
Proof-record coins formerly in the Melbourne Mint Museum in Australia,
which sold for a total of £213,732 (£178,110 hammer prices). Overall
the auction made £635,436 (£529,530 hammer prices) with only 31 of the
709 lots remaining unsold. There were 220 successful buyers.
Wyon rarity was produced following the death of the British King
Edward VII in May 1910. Plans for new coins bearing the portrait of
his successor George V were put into place long before the latter was
formally crowned at Westminster Abbey in London in June the following
year. A number of designs were submitted to the authorities for
approval, one of which was by A.G. Wyon, a member of a dynasty of
designers and engravers which had played an important role in British
public life for more than a century. Wyon’s design had the bare head
of the new king facing left on the obverse while the reverse depicted
St. George on horseback spearing a dragon, with the date below this image.
his illustrious family pedigree, Wyon’s design was not chosen so his
Proof crown in gold bearing the date 1910 – the year before George
officially became king – became a numismatic rarity rather than
two examples are known and the coin auctioned at Dix Noonan Webb is in
virtually Mint State. It has been in a number of important collections
over the past century.
has been considerable interest in this”, said auctioneer Christopher
Webb, head of the coins department at DNW, before the coin swiftly
exceeded its £80,000 to £100,000 estimate.
86 lots of Proof-record coins formerly in the Melbourne Mint Museum
formed an exceptional offering of uniformly high third-party graded
coins, the like of which will not be repeated as holdings of this size
and scope are now exclusively retained by institutions. Proof-record
coins were always struck in tiny quantities and were intended for
distribution to certain national collections for display and
exhibition and for presentation to potential customers. Without
exception, Proof-record coins are very rare and these lots were
surplus sets from the Melbourne Mint Collection. They were originally
offered for sale in two tranches in 1988 and 2009.
highest price for one of these ex-Melbourne Mint lots at Dix Noonan
Webb was £15,600 ($23,764 U.S), including buyer's fee, for a Greek
Republic 1930 Proof set comprising 20, 10 and 5 drachmai which had
been despatched from the Royal Mint in London to Melbourne in 1931. A
1929 Saudi Arabian Proof set consisting of riyal, half- and
quarter-riyal, ghirsh, and half- and quarter-ghirsh sold for £12,000
good performance came from a very rare Charles I Shrewsbury halfcrown
dating from 1642. Depicting the Shrewsbury horseman, the coin, on a
slightly irregular planchet as usual but otherwise in good very fine
condition, was estimated at £6,000 to £8,000. It sold for £10,800
(£9,000 hammer price).
Noonan Webb Ltd. is one of the world’s leading specialist auctioneers
and valuers of coins, tokens, medals, militaria and paper money of all
types. Established in 1990, the company boasts over 250 years of
combined experience in this field and stages regular auctions
throughout the year.
learn about Dix Noonan Webb, visit its website.
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