Mary Ryal 1567, S-5429, 5th Period, 2nd Widowhood, XF45 NGC. A really fine example struck on a full flan of remarkable shape, without cracks or damage and with legends that are clearly readable (especially her royal titles). Portions of the central images are evenly worn but the piece is covered with a fine old greenish gray patina. In short, an untouched and pleasingly original example. This "crown" was struck at the very end of Mary Stewart's tragic life as Queen of Scotland, but not at the end of her life, and its wear indicates that it (and others of its kind) continued to circulate as money for years in Scotland even while she was unable to rule. Great-granddaughter of the English king Henry VII, Mary was next in line after Henry VIII's children to become Queen of England, but Catholic opponents broke the agreement for her to marry the future Edward VI, removed her to Stirling Castle, and turned to England's oldest enemy, France, for alliance. This widened the rift between England and Scotland. Henry responded by sending raids into Scotland, killing and burning properties. In 1548 Mary was sent to France, raised as a Catholic, and educated at court in preparation for her marriage to the Dauphin Francis. She changed the spelling of her lineal name from Stewart to Stuart, after the French fashion, and married in 1558. In 1590 Francis and Mary became king and queen of France, but the ailing Francis died the following year. Mary returned to Protestant Scotland in the summer of 1561. Briefly, her rule with the advice of her brother, James Stewart the Earl of Moray, was peaceful and she practiced her faith privately. Other advisors convinced her to join in marriage with Henry Darnley (a great-grandson of Henry VII); their only child was the future James I of England. Darnley was manipulated by Mary's enemies, and murdered her secretary, David Riccio. In 1567, Darnley was killed by a bomb; within months of his death, Mary married the Earl of Bothwell, possibly the major figure in Darnley's murder. Mary's Protestant lords threatened her, and their armies met outside of Edinburgh in June of 1567. Defeated, she was imprisoned again, this time at Lochleven Castle, and forced to abdicate to her infant son. Bothwell fled to Scandinavia, where he died in prison. Mary escaped from the castle early in 1568 and secreted to England, hoping that her cousin, Elizabeth I, would send an army with her back to Scotland, but instead she was imprisoned for the last 19 years of her life. Her secret correspondence with the Catholic conspirator, Anthony Babington, was uncovered and Elizabeth charged her with treason. Mary, Queen of Scots, was executed at Fotheringhay Castle on February 8, 1587, aged 44, twenty years after this, her last regal coin, was minted. It remains as a tribute to a tragic monarchy. Realized $3,818.75. Description courtesy of Heritage Auctions.
Mary Ryal 1567, S-5429, 5th Period, 2nd Widowhood, XF45 NGC. A really fine example struck on a full flan of remarkable shape, without cracks or damage and with legends that are clearly readable (especially her royal titles). Portions of the central images are evenly worn but the piece is covered with a fine old greenish gray patina. In short, an untouched and pleasingly original example. This "crown" was struck at the very end of Mary Stewart's tragic life as Queen of Scotland, but not at the end of her life, and its wear indicates that it (and others of its kind) continued to circulate as money for years in Scotland even while she was unable to rule. Great-granddaughter of the English king Henry VII, Mary was next in line after Henry VIII's children to become Queen of England, but Catholic opponents broke the agreement for her to marry the future Edward VI, removed her to Stirling Castle, and turned to England's oldest enemy, France, for alliance. This widened the rift between England and Scotland. Henry responded by sending raids into Scotland, killing and burning properties. In 1548 Mary was sent to France, raised as a Catholic, and educated at court in preparation for her marriage to the Dauphin Francis. She changed the spelling of her lineal name from Stewart to Stuart, after the French fashion, and married in 1558. In 1590 Francis and Mary became king and queen of France, but the ailing Francis died the following year. Mary returned to Protestant Scotland in the summer of 1561. Briefly, her rule with the advice of her brother, James Stewart the Earl of Moray, was peaceful and she practiced her faith privately. Other advisors convinced her to join in marriage with Henry Darnley (a great-grandson of Henry VII); their only child was the future James I of England. Darnley was manipulated by Mary's enemies, and murdered her secretary, David Riccio. In 1567, Darnley was killed by a bomb; within months of his death, Mary married the Earl of Bothwell, possibly the major figure in Darnley's murder. Mary's Protestant lords threatened her, and their armies met outside of Edinburgh in June of 1567. Defeated, she was imprisoned again, this time at Lochleven Castle, and forced to abdicate to her infant son. Bothwell fled to Scandinavia, where he died in prison. Mary escaped from the castle early in 1568 and secreted to England, hoping that her cousin, Elizabeth I, would send an army with her back to Scotland, but instead she was imprisoned for the last 19 years of her life. Her secret correspondence with the Catholic conspirator, Anthony Babington, was uncovered and Elizabeth charged her with treason. Mary, Queen of Scots, was executed at Fotheringhay Castle on February 8, 1587, aged 44, twenty years after this, her last regal coin, was minted. It remains as a tribute to a tragic monarchy. Realized $3,818.75. Description courtesy of Heritage Auctions.
Mary gold Twenty-two Shillings 1553, S-5396, MS63 NGC. 1st Period (1542-58). Issued prior to Mary's marriage to Francis, the Dauphin, in 1558, by whom she had no issue. Her second marriage, to Henry Stewart, Lord Darnley, in 1565, was the foundation of the Stewart rule in both Scotland and England, as Mary gave birth to the future King James in 1566. Darnley was killed by a bomb in 1567, and in the same year she entered upon her third marriage, to the Earl of Bothwell. Both evidence and the coincidence of that union suggested that the two were responsible for the Lord Darnley's demise. Mary left behind her Catholicism, within which she was reared in France, swore to Protestant rites, and abdicated; she was beheaded in 1587. There was little or no forgiveness in the religious politics of her day. While arguably her finest money comprised her gold coins, no coin was struck in that metal following her first widowhood in 1560 (save for the unique pattern now identified as S-5400). All of Mary Stewart's gold is either very scarce or rare today. This wonderful specimen captures the charm and luster of her happier early years; it is well struck on a fairly full flan, with boldly detailed legends. The crowned lion passant?upon the royal crest is distinct, and much of the intended beaded border is present. On the reverse side the central monogram is deeply detailed but ever so slightly doubled; the legend is crisp but for the blundered first two letters, the date is bold, the two cinquefoils within the inner circle are sharp, the fields are delightful, and the outer beaded border is nearly complete. The charming legend in Latin, reading DILIGITE IVSTICIAM, translates to mean "Observe justice," seemingly a plea of childhood as Queen Mary peered philosophically at a fair end that was never to be. Ex: ?Colonel? E.H.R. Green; Green Estate? Partnership of Eric P Newman / B.G. Johnson. Realized $18,800.00. Description courtesy of Heritage Auctions.
Mary gold Twenty-two Shillings 1553, S-5396, MS63 NGC. 1st Period (1542-58). Issued prior to Mary's marriage to Francis, the Dauphin, in 1558, by whom she had no issue. Her second marriage, to Henry Stewart, Lord Darnley, in 1565, was the foundation of the Stewart rule in both Scotland and England, as Mary gave birth to the future King James in 1566. Darnley was killed by a bomb in 1567, and in the same year she entered upon her third marriage, to the Earl of Bothwell. Both evidence and the coincidence of that union suggested that the two were responsible for the Lord Darnley's demise. Mary left behind her Catholicism, within which she was reared in France, swore to Protestant rites, and abdicated; she was beheaded in 1587. There was little or no forgiveness in the religious politics of her day. While arguably her finest money comprised her gold coins, no coin was struck in that metal following her first widowhood in 1560 (save for the unique pattern now identified as S-5400). All of Mary Stewart's gold is either very scarce or rare today. This wonderful specimen captures the charm and luster of her happier early years; it is well struck on a fairly full flan, with boldly detailed legends. The crowned lion passant?upon the royal crest is distinct, and much of the intended beaded border is present. On the reverse side the central monogram is deeply detailed but ever so slightly doubled; the legend is crisp but for the blundered first two letters, the date is bold, the two cinquefoils within the inner circle are sharp, the fields are delightful, and the outer beaded border is nearly complete. The charming legend in Latin, reading DILIGITE IVSTICIAM, translates to mean "Observe justice," seemingly a plea of childhood as Queen Mary peered philosophically at a fair end that was never to be. Ex: ?Colonel? E.H.R. Green; Green Estate? Partnership of Eric P Newman / B.G. Johnson. Realized $18,800.00. Description courtesy of Heritage Auctions.
James V gold Crown ND, S-5370, MS64 NGC. 2nd Coinage of 1526-39, shield with rounded base and trefoil stops (type III). Clearly a beautiful coin meriting the numerical grade assigned, it is struck on a full flan of sound metal, with remarkably fine legends and inner devices. The "XX" (standing for 20 shillings) is really sharp. Considerable outer beading appears on each side, and the reverse is slightly off center; essentially blemish-free surfaces delight the eye. The reverse is especially captivating with its thoughtfully conceived cross consisting of a large fleur-de-lis at the end of each bar of the cross centered by a large quatrefoil comprised of four annulets, and a Scottish thistle-head occupying the open field in each angle of the cross. Unusually deft is the surrounding Latin legend CRVSIS ARMA SEQVAMVR, ("Let us follow the arms of the cross.") This is separated by a trefoil before each word and ends with a small crown mark. Struck at the recently opened mint at Holyrood for the teenaged king as he began to feel the power of kingship, this is a majestic coin in various ways. James's first years on the Scottish throne were dominated by Queen Margaret, as James inherited his titles at the age of one. What he inherited in the treasury was an odd mixture of coins of all sorts of denominations: mostly silver pieces struck by his father that were essentially copies of English Groats and fractions, along with billon Placks and Pennies, many from his father's mint at Edinburgh, but a mass of earlier, worn coins too. James IV's gold was rare then as it is now, the earlier Unicorns worth 18 shillings having largely perished upon the issue of the gold Lion, or Crown, worth about 13 shillings. It is not an overstatement to say that the bulk of earlier kings' gold coins were melted and turned into new gold for a succession of monarchs. The same apparently happened to silver issues; Ian Stewart notes that by 1521, silver coins were rarely seen in Scottish commerce. The problem seems not so much to have been an absolute lack of specie, gold or silver, as it was one of hoarding as well as of the king's men finding contract minters who could be trusted. This was resolved in 1526-27. The new silver consisted mainly of Groats showing the monarch facing right, while the gold had no portrait, showing the royal shield opposed by the elaborate cross fleury?seen on the coin in this lot. The earlier legend on this so-called Abbey Crown, in Latin, PER LIGNVM CRVSIS SALVI SVMVS ("We are saved through the wood of the cross"), very quickly was replaced by the legend displayed on the present coin. Silver Groats featured the crowned shield on their reverse, which became of obverse design of the gold Crowns. Only the gold is decorated with the imagistic cross. For ten years, these two denominations dominated commerce in Scotland, and then just as suddenly as they had appeared, they ceased to be minted in 1539, and vanished. In their place as money, but not as artistic coins of much intrinsic value, came forth a host of billon Bawbees. Doubtless, we have the Scottish hoarders to thank for the existence today of any of the beautiful Abbey Crowns in gold. Ex: ?Colonel? E.H.R. Green; Green Estate? Partnership of Eric P Newman / B.G. Johnson. Realized $22,325.00. Description courtesy of Heritage Auctions.
James V gold Crown ND, S-5370, MS64 NGC. 2nd Coinage of 1526-39, shield with rounded base and trefoil stops (type III). Clearly a beautiful coin meriting the numerical grade assigned, it is struck on a full flan of sound metal, with remarkably fine legends and inner devices. The "XX" (standing for 20 shillings) is really sharp. Considerable outer beading appears on each side, and the reverse is slightly off center; essentially blemish-free surfaces delight the eye. The reverse is especially captivating with its thoughtfully conceived cross consisting of a large fleur-de-lis at the end of each bar of the cross centered by a large quatrefoil comprised of four annulets, and a Scottish thistle-head occupying the open field in each angle of the cross. Unusually deft is the surrounding Latin legend CRVSIS ARMA SEQVAMVR, ("Let us follow the arms of the cross.") This is separated by a trefoil before each word and ends with a small crown mark. Struck at the recently opened mint at Holyrood for the teenaged king as he began to feel the power of kingship, this is a majestic coin in various ways. James's first years on the Scottish throne were dominated by Queen Margaret, as James inherited his titles at the age of one. What he inherited in the treasury was an odd mixture of coins of all sorts of denominations: mostly silver pieces struck by his father that were essentially copies of English Groats and fractions, along with billon Placks and Pennies, many from his father's mint at Edinburgh, but a mass of earlier, worn coins too. James IV's gold was rare then as it is now, the earlier Unicorns worth 18 shillings having largely perished upon the issue of the gold Lion, or Crown, worth about 13 shillings. It is not an overstatement to say that the bulk of earlier kings' gold coins were melted and turned into new gold for a succession of monarchs. The same apparently happened to silver issues; Ian Stewart notes that by 1521, silver coins were rarely seen in Scottish commerce. The problem seems not so much to have been an absolute lack of specie, gold or silver, as it was one of hoarding as well as of the king's men finding contract minters who could be trusted. This was resolved in 1526-27. The new silver consisted mainly of Groats showing the monarch facing right, while the gold had no portrait, showing the royal shield opposed by the elaborate cross fleury?seen on the coin in this lot. The earlier legend on this so-called Abbey Crown, in Latin, PER LIGNVM CRVSIS SALVI SVMVS ("We are saved through the wood of the cross"), very quickly was replaced by the legend displayed on the present coin. Silver Groats featured the crowned shield on their reverse, which became of obverse design of the gold Crowns. Only the gold is decorated with the imagistic cross. For ten years, these two denominations dominated commerce in Scotland, and then just as suddenly as they had appeared, they ceased to be minted in 1539, and vanished. In their place as money, but not as artistic coins of much intrinsic value, came forth a host of billon Bawbees. Doubtless, we have the Scottish hoarders to thank for the existence today of any of the beautiful Abbey Crowns in gold. Ex: ?Colonel? E.H.R. Green; Green Estate? Partnership of Eric P Newman / B.G. Johnson. Realized $22,325.00. Description courtesy of Heritage Auctions.
James IV (1488-1513) gold Half Unicorn ND, S-5320, Lis mm, Star stops, XF40 NGC. While a bit short of flan and softly struck at the center, there is little of the normally seen doubling of detail on the wavy star of the reverse, or indeed among the lettering of the legends. The unicorn, prancing with his right rear hoof upon the large annulet with the rectangular block to left of it, lacks small details but is sharply outlined. Struck at Edinburgh of slightly debased (21 ct) gold. An always popular type, and overall a desirable piece possessing antique greenish gold color. James IV was no more than a boy when he ascended the throne after witnessing the death of his father at the Battle of Sauchieburn. He then immersed himself in education, learning Latin and various European languages. He also promoted advancements in medicine and brought the printing press to Scotland. His mind was so keen that even the great scholar Erasmus praised him. A realist as well, he funded fortification building at Edinburgh and other castles and understood the importance of a strong navy. His fatal flaw was his support of the pretender Perkin Warbeck, which involved an alliance with France. Rarely militant, he led his own army south into England and clashed with troops in Northumberland, where he died at the Battle of Flodden on September 9, 1513. He was barely 40 years old when his army was crushed, leaving his shaken kingdom to his infant son, James V. Ex: ?Colonel? E.H.R. Green; Green Estate? Partnership of Eric P Newman / B.G. Johnson. Realized $4,993.75. Description courtesy of Heritage Auctions.
James II (1437-60) gold Demy ND, 1st Coinage, 1437-51, S-5217, AU55 NGC. Crown mm. Annulets for stops on reverse, on which side the variants appear on this issue. Surrounding the central saltire cross (with a lis on either side of it) is a ring of six large quatrefoils each having a center pellet. All of these features are well detailed on this pleasing coin, especially on the reverse. A bit short of flan and showing some ancient scuffing on the obverse legend, but overall this is a choice specimen. With a commercial value of 9 shillings in gold, this denomination, introduced during this reign, found wide acceptance. Many denominations had been debased under the previous king, and gold was reduced to 22ct fineness. The Latin legend of the reverse, SALVUM FAC POPULUM TUUM DOMINE in full but abbreviated here, translates to mean "Oh Lord, save Thy people" (Psalm 28:10), but strife would continue to sweep the Scottish kingdom for many years to come. Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson. Realized $4,112.50. Description courtesy of Heritage Auctions.
James III (1460-88) gold Unicorn ND, S-5262, Issue of 1484-88, AU50 NGC. Cross Fleury obv. mm., Lis on rev. with pellet at center of star. Contemporary value was 18 shillings. Extremely rare. Struck on an exceptionally fine flan, without cracks or damage, this choice specimen retains a lovely golden glow and exhibits fairly sharp details, although the legends show some blunders and doubling. The unicorn animal is well outlined, his shield entirely clear, and the inner and outer beaded circles on each side are well detailed. The wavy star over the large central cross fleury which dominates the reverse is mostly sharp in detail. Surfaces are choice for this type, and the color is a fine old greenish yellow gold. The gold Unicorn was introduced during the latter part of this reign, although the king's titles and name are absent from the coins of this issue, their place held by a repeated Latin legend, EXURGAT DEUS ET DISSIPENTUR INIMICI EIUS, translating to mean "Let God arise and let his enemies be scattered" (Psalm 68:1). Both the legend and the absence of the royal name may be explained, in part, because of the political rivalries of the day, for James as a young king (age 9 when coronated) exhibited immaturities which caused his alienation from the nobility who surrounded him. He was born during May of 1452. His mother, Mary of Gueldes, commanded his kingdom until she died in 1463. He was never popular among his subjects, and most of his nobles despised him as weak and disaffected. He was much alone. At age 18, he married Margaret of Denmark, through whose dowry Denmark ceded the Orkney and Shetland islands to Scotland. Despite this marriage, he was effete and preferred his boyfriend, John Ramsey, to his wife, which enraged his nobles. He treated his brothers poorly and was incessantly threatened by Edward IV of England, who had allied himself with one of James's brothers and invaded his land twice. ?At age 36, he was either murdered or died at the end of a battle of rebellion led by his nobles, who had championed and then selected as monarch his eldest son, Prince James. Impure as these players upon the royal stage may have been, James's ?Unicorn was nearly pure gold (22.5 ct) and in the next two reigns the coin became the principal gold issue, trusted and valued as being of high gold content. This piece was struck at Edinburgh, depicts the mythical beast supporting the royal shield showing a lion rampant on it, and a large annulet appears before the unicorn's rear hooves. James Stewart may have been less than regal in real life but his golden Unicorn has continued to be one of the most prized of all Scottish coins. Ex: ?Colonel? E.H.R. Green; Green Estate? Partnership of Eric P Newman / B.G. Johnson. Realized $28,200.00. Description courtesy of Heritage Auctions.
James II (1437-60) gold Demy ND, 1st Coinage, 1437-51, S-5217, AU55 NGC. Crown mm. Annulets for stops on reverse, on which side the variants appear on this issue. Surrounding the central saltire cross (with a lis on either side of it) is a ring of six large quatrefoils each having a center pellet. All of these features are well detailed on this pleasing coin, especially on the reverse. A bit short of flan and showing some ancient scuffing on the obverse legend, but overall this is a choice specimen. With a commercial value of 9 shillings in gold, this denomination, introduced during this reign, found wide acceptance. Many denominations had been debased under the previous king, and gold was reduced to 22ct fineness. The Latin legend of the reverse, SALVUM FAC POPULUM TUUM DOMINE in full but abbreviated here, translates to mean "Oh Lord, save Thy people" (Psalm 28:10), but strife would continue to sweep the Scottish kingdom for many years to come. Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson. Realized $4,112.50. Description courtesy of Heritage Auctions.