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Research Coins: Feature Auction

 
Triton XIX, Lot: 845. Estimate $15000.
Sold for $40000. This amount does not include the buyer’s fee.

ANGLO-SAXON, Substantive Gold Phase. Circa 630-650. AV Thrymsa (13mm, 1.28 g). ‘York’ group. Figure standing facing, holding cross in each hand / Voided cross with central lozenge in inner circle; in margin, Runic D at each cross terminal, small cross pommees in angles. Sutherland –; A&W –; Naylor & Allen fig. 2 = EMC 2012.0025 (this coin). cf. SCBI 63 (BM), 17; cf. North 27/1; cf. SCBC 762A. Good VF, some light scuffs, well struck and full. Extremely rare.


From the Dr. Andrew Wayne Collection. Ex Dix Noonan Webb 101 (21 June 2012), lot 555. Found near Harrogate, North Yorkshire (PAS SWYOR-62B752).

This remarkable coin, struck during the period of the great Christian mission to convert the heathen Anglo-Saxon kingdoms, is unusually detailed compared to other examples of the very rare York group, and represents an early bishop proclaiming the power of the Cross.

IMPORTANT NOTICE TO POTENTIAL BIDDERS


Potential bidders should note that an objection has been raised to an application for a UK cultural goods export license for this coin. In the opinion of the special numismatic adviser to the Export Licensing Unit UK, the coin satisfies one or more of the Waverley criteria. These criteria are designed to assess whether a cultural object or work of art is a UK national treasure. Consequently the coin remains in the CNG office in London and will not be available for pre-sale viewing in New York. The coin will however still be offered for sale on 5th January.

Should the auction buyer not wish to export the coin from the UK (i.e., if the buyer intends to keep the coin in the UK) the export application will be withdrawn, and the lot will be delivered in the UK to the auction buyer.

Should the auction buyer wish to export the coin from the UK the case will come before the Reviewing Committee on the Export of Works of Art and Objects of Cultural Interest. This Committee will determine whether the coin does meet the criteria to be deemed a national treasure. If this determination is made, then the Reviewing Committee will likely recommend a fixed deferral period during which a British institution or individual will have the opportunity to come forth to offer to acquire the coin at a fair market price (presumably equal to the auction hammer price plus buyer’s premium). Should no offer to purchase the coin be made during the deferral period an export license will be granted.

Potential bidders are advised to contact David Guest of CNG with any queries.