Very Rare Half Augustale

CNG 90, Lot: 2299. Estimate $7500. Sold for $5500. This amount does not include the buyer’s fee.

ITALY, Sicilia (Regno). Federico I (Federico II, Sacro Romano Impero). 1198-1250. AV Half Augustale (16mm, 2.61 g, 6h). Brindisi mint. Struck circa 1231-1250. Laureate, draped, and cuirassed bust right / Eagle standing left, head right, with wings spread; two pellets by head. Spahr 104; MEC 14, 517 var. (no pellets, mint). VF, scratches on obverse. Very rare.

Ex Schweizerischer Bankverein 10 (27 January 1981), lot 806.

Frederick II Hohenstaufen, “Stupor Mundi” - “Wonder of the World” - was the most enlightened ruler of the medieval European world, and single-handedly almost ignited a renaissance a century before it took hold in western Europe. Besides encouraging the study of both the ancient and natural worlds (he wrote an insightful treatise on falconry), Frederick was instrumental in improving relations with the Muslims, negotiating free access to Christian holy sites in Palestine, where all Crusader armies had been unsuccessful. One of his innovations was a gold coinage comparable in style and quality to the gold of the ancient Caesars. The classical motifs proclaimed his inheritance of the legacy of Rome, and the augustale and its fractions were issued concurrently with the publication of the Constitution of Melfi, his codification of Norman law meant to follow the famous Roman law codes. These coins were struck until Frederick's death in 1250, and may have been continued by his successors for about another fifteen years.