A gold Henry VII (1457-1509) sovereign is the headline lot at Spink's December 18 sale in London with a £120,000-160,000 ($187,677-250,236) estimate.
The coin was issued between 1489 and 1509 and was designed to be the largest and most valuable coin ever minted. Made from 23-carat gold, it was intended as a statement to rest of Europe.
 Henry VII issued the first sovereign in 1489 |
It displays the king in his regalia, with the reverse showing the Tudor rose encompassing the royal shield.
Spink describe the piece as displaying: "light weakness of strike to King's robe corresponding on reverse, fractional areas of double striking in obverse legend, otherwise a magnificent specimen with extensive lustre and much as struck, the fine detail to the king's face and throne particularly resplendent, extremely fine and very rare."
Also on offer is a Henry VIII third coinage gold sovereign, which is valued at £120,000-150,000 ($188,286-235,358).
The lot is one of the finest examples of a Henry VIII sovereign extant, displaying only light wear and excellent facial detail. It's appearing at auction for the first time since 1950.
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