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Heritage Auctions, Inc.   |   World Coins & Ancient Coins #3066   |   17 August 2018 Sort by Lot-NumberSort by Estimate
Online bidding ends:  17 August 2018 23:00 CEST

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Lot 30176





Estimate: 50'000 USD   |   Starting price: 25'000 USD
USD  
Danish Asiatic Company. Christian VII Trade Piastre 1777 AU55 NGC, Kongsberg mint, KM639.2, Dav-412, Salvesen-52. An extraordinary offering that features the crowned arms of Denmark, Norway, and Sweden across the obverse. The reverse presents the crowned, globe-shaped arms of Denmark and Norway between two pillars with the island names of ISLAN, GRÖNLAN, and FERÖ below. Thick, cobalt-dove patina covers the entirety of the planchet, with cordovan coloring at the legends and original luster that gleams from the expanses. The strike has been rendered with authority and any effects of handling remain well concealed beneath the darkened patination. Struck for trade in the Orient, the design of this historically important "Greenland Dollar" was inspired by the Spanish colonial pillar 8 Reales, and was issued in the year that the Danish Asiatic Company ceded Asian trade rights to the Danish crown. A scarce offering in total, with Salvesen reporting a mintage figure of 21 known pieces, 12 of which are in museums. Ex. Millennia CollectionHID05401242017

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