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Thursday 28 February 2019

Pulu Penang (Prince of Wales Island). East India Company 1/4 Dollar 1788 AU Details

This is an another rare piece of Straits Penang coin has been sold in Heritage Auction at 15 Jan 2019 for USD 4800 (before the buyer fees) which is almost ten times higher that Auctioneer estimation at USD 500. No doubt it is a piece of precious sample left until today.

Price realized: 4,800 USD (Approx. 4,196 EUR) Note: Prices do not include buyer's fees.

Lot description:

Netherlands East Indies
Pulu Penang (Prince of Wales Island). East India Company 1/4 Dollar 1788 AU Details (Environmental Damage) NGC, KM6.2, Scholten-968 (RR). The first of this type we have encountered and the only example certified by either NGC or PCGS, showcasing calligraphy in a finely thin, elegant, and seemingly refined style with an argent and olive-tinged tone over the surfaces. Certainly a condition rarity, the source for the environmental damage noted on the holder unclear.
From the Seki Collection

Source: HA Auctions