Great Britain: , Edward VI (1547-1553), in the name of Henry VIII gold 1/2 Sovereign ND (1547-1551) MS61 NGC,...
Edward VI (1547-1553), in the name of Henry VIII gold 1/2 Sovereign ND (1547-1551) MS61 NGC, Tower mint, S-2391, N-1865. 6.16gm. A pleasing olive-taupe shade graces the surfaces that otherwise twinkle with bright goldenrod. This example features a strike that is more consistently well expressed than the norm, though we have yet to encounter an example that exhibits the strike with 100 percent clarity. A conditional rarity for sure with only one certified finer despite the enormously high demand for the type. Perpetuating the trends of Henry VIII's Great Debasement despite the desires of monetary authorities to restore the coinage, Edward's early gold continued to be struck to a fineness of less than 20 carats, leading to a disastrous outflow of gold from the country, perpetuated by the king's war debts and financial mismanagement of Sir William Dansell in the Low Countries. Owing to the conclusion of peace with France in 1550 and consultation with Thomas Gresham after 1551, the coinage began to be restored. HID10510052018 © 2024 Heritage Auctions | All Rights Reserved
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Edward VI (1547-1553), in the name of Henry VIII gold 1/2 Sovereign ND (1547-1551) MS61 NGC, Tower mint, S-2391, N-1865. 6.16gm. A pleasing olive-taupe shade graces the surfaces that otherwise twinkle with bright goldenrod. This example features a strike that is more consistently well expressed than the norm, though we have yet to encounter an example that exhibits the strike with 100 percent clarity. A conditional rarity for sure with only one certified finer despite the enormously high demand for the type. Perpetuating the trends of Henry VIII's Great Debasement despite the desires of monetary authorities to restore the coinage, Edward's early gold continued to be struck to a fineness of less than 20 carats, leading to a disastrous outflow of gold from the country, perpetuated by the king's war debts and financial mismanagement of Sir William Dansell in the Low Countries. Owing to the conclusion of peace with France in 1550 and consultation with Thomas Gresham after 1551, the coinage began to be restored. HID10510052018 © 2024 Heritage Auctions | All Rights Reserved
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