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My new most-expensive coin (King James Version)

I just agreed to a swap which will acquire me this ca. 1623-24 British gold Laurel of King James I.

King James is of course famous for commissioning the English translation of the Bible which bears his name to this day.

With about $4,350 in trade goods on my end of the deal, this coin is to date my most expensive acquisition, though I do have one US coin (an MS66 Saint-Gaudens double-eagle) which is worth a tiny bit more on paper.

I swapped a 2003 USA 1-ounce gold Eagle, PCGS MS70 (essentially boring modern bullion) and an 1895 Puerto Rico peso, PCGS MS61 (a very nice coin which I liked but didn't absolutely love). No cash out of my pocket, which was nice.

All told I had $4,350 in the pair. Atlas Numismatics was originally asking $4,695 for the Laurel.

Prior to this, the most I had ever paid for a coin was about $3,800 (for my 1799 Bust dollar).

I find hammered gold exciting, and to have a piece of big hammered gold, all the more so.

Here is the Atlas description on the Laurel:

1082030 | GREAT BRITAIN. England. James I. (King, 1603-25). (1623-24)-(lis) AV Laurel. NGC AU53. London. 9.05gm. Laureate and armored fourth bust, left; XX (mark of value) behind / Crowned square-topped quartered shield of arms over long cross fourchee. SCBC-2638B; Fr.-242; North 2114.

Third coinage.

Please use this link to verify the NGC certification number 6676567012

Collector since 1976. On the CU forums here since 2001.

Comments

  • TwoKopeikiTwoKopeiki Posts: 9,950 ✭✭✭✭✭

    Awesome addition! Congrats

  • SametsSamets Posts: 370 ✭✭✭✭

    Sounds like everyone wins. You get a great coin and they get stuff they can move easier.

  • lermishlermish Posts: 4,623 ✭✭✭✭✭

    Nice!!!

    chopmarkedtradedollars.com

  • 291fifth291fifth Posts: 25,119 ✭✭✭✭✭

    I'd much rather have that coin than what you traded for it.

    All glory is fleeting.
  • marmacmarmac Posts: 1,534 ✭✭✭✭

    Sounds like a great trade, and much more interesting coin than what you swapped it for. Congrats, I like it!

  • pcgsregistrycollectorpcgsregistrycollector Posts: 2,298 ✭✭✭✭✭

    Nice coin!

    Proud follower of Christ! I love the USA! Land of the Bright and Beautiful! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

  • coinkatcoinkat Posts: 24,308 ✭✭✭✭✭

    Congrats…looks nice for the type

    Experience the World through Numismatics...it's more than you can imagine.

  • JohnnyCacheJohnnyCache Posts: 1,912 ✭✭✭✭✭

    Congratulations on the trade!

  • World67World67 Posts: 13,088 ✭✭✭✭✭

    Very cool!

  • deepblue30deepblue30 Posts: 77 ✭✭✭

    Excellent coin great detail

  • taropatch99taropatch99 Posts: 269 ✭✭✭

    Nice! I like it. Congratulations on an astute barter.

    Formerly known as deadmunny
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  • NapNap Posts: 1,771 ✭✭✭✭✭

    Nice coin, good details.

    It’s interesting that the Brits have so many different names for their 20 shilling denomination. I can think of at least 6:

    -Sovereign
    -Pound
    -Unite
    -Laurel
    -Broad
    -Guinea

  • SmEagle1795SmEagle1795 Posts: 2,206 ✭✭✭✭✭

    Congrats on your trade / upgrade, LM!

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  • TomBTomB Posts: 22,916 ✭✭✭✭✭

    Atlas handles some great coins. Congratulations!

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

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  • CucumborCucumbor Posts: 135 ✭✭✭

    Great trade for a great acquisition in the end. Well done

  • shirohniichan2shirohniichan2 Posts: 51 ✭✭✭

    Congrats, LM!

    @Nap said:
    Nice coin, good details.

    It’s interesting that the Brits have so many different names for their 20 shilling denomination. I can think of at least 6:

    -Sovereign
    -Pound
    -Unite
    -Laurel
    -Broad
    -Guinea

    I could be wrong on this, but I thought a Guinea was 21 shillings.

  • AbueloAbuelo Posts: 2,036 ✭✭✭✭✭

    Well done @lordmarcovan

  • CaptHenwayCaptHenway Posts: 33,714 ✭✭✭✭✭

    @shirohniichan2 said:
    Congrats, LM!

    @Nap said:
    Nice coin, good details.

    It’s interesting that the Brits have so many different names for their 20 shilling denomination. I can think of at least 6:

    -Sovereign
    -Pound
    -Unite
    -Laurel
    -Broad
    -Guinea

    I could be wrong on this, but I thought a Guinea was 21 shillings.

    Correct. And there were Guinea coins struck worth 21 Shillings.

    And One0Third Guinea coins worth 7 Shillings!

    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • WillieBoyd2WillieBoyd2 Posts: 5,372 ✭✭✭✭✭

    For a long time "guinea" was a British slang term for a gold sovereign or one pound coin.

    :)

    https://www.brianrxm.com
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  • jmski52jmski52 Posts: 23,946 ✭✭✭✭✭

    Pretty cool! Nice coin.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Namvet69Namvet69 Posts: 9,405 ✭✭✭✭✭

    Excellent swap. Really nice Brit gold. Congrats. Peace Roy

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  • TypekatTypekat Posts: 646 ✭✭✭✭✭

    What could be better than owning a coin of Biblical importance?

    30+ years coin shop experience (ret.) Coins, bullion, currency, scrap & interesting folks. Loved every minute!

  • MEJ7070MEJ7070 Posts: 847 ✭✭✭✭✭

    Congrats on the new purchase! Hope you truly enjoy it.

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