CNG 100, Lot: 880. Estimate $1500. Sold for $1800. This amount does not include the buyer’s fee.

LOW COUNTRIES, Vlaanderen (Flanders). Lodewijk II van Male. 1346-1384. AV Nieuw gouden schild met de leeuw (30mm, 4.41 g, 11h). Gand (Ghent) mint. Struck 1370/2-1384. + LVDOVICVS DЄI GRA COm’ (retrograde 7) DnS FLAnD’, Lodewijk enthroned facing, holding sword and resting hand on coat-of-arms; all within tressure of eight arcs, with trefoils in spandrels; saltire and double saltire stops / + XPC VIИCIT XPC RЄGИAT XPC IИPЄRAT, ornate cross fleurée in ornate quadrilobe; rosettes in spandrels; double annulet stops. Elsen 38; Delmonte, Or 466; De Mey, Flanders 205; Friedberg 163. EF, lightly toned, slightly wavy flan.

From the collection of Dr. Lawrence A. Adams. Ex Bowers & Ruddy (20 June 1977), lot 175.