Goldberg Coins & Collectibles Auctions    
       

       

                             



Sale 31: The Pre-Long Beach Auction May 30 - June 1, 2005
             

             
            Lot 2103Great Britain. Ryal or Rose-Noble, ND. S.1951; Fr-132. 
            Edward IV, First Reign, 1461-1470. Light coinage. Ruler in ship. 
            Reverse: Ornamental cross. The gold noble had hardly changed in 
            style, value or quality since the reign of Edward III and the 
            increase in the price of gold during the 15th century resulted in a 
            shortage of gold coins in England as they were taken to continental 
            Europe for a profit. Eventually, during the early part of the reign 
            of Edward IV, to stop the outflow from England, the value of all 
            gold nobles in circulation was raised from six shillings and eight 
            pence to eight shillings and four pence. A new coin-Rose Noble or 
            Ryal-was introduced with a value of ten shillings. This coin was 
            distinguished by the rose on the King's ship and a somewhat 
            different reverse design. The London Mint Rose Nobel offered here is 
            very high grade, with an exquisite portrait of the King. NGC graded 
            MS-63. 
            Estimated Value $3,000-3,500. 

            Provenance: The Cheshire Collection.
             Realized $3,600
             


          








Courtesy Ira & Larry Goldberg Auctioneers, Beverly Hills, CA. www.goldbergcoins.com