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Augustus III of Poland, 6 Groschen Elbing 1762 ICS - NGC MS62 - RARE, ex. Potocki

NGC MS62 MAX - JEDYNY
Top Pop only one MS62
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Lot description Show orginal version
Grade: NGC MS62
Certificate: NGC 5790664-003 Top Pop only one MS62
Reference: CNCE 414 (R4), Kopicki 7179 (R4)
Collection: Kolekcja Potockich

Rare Elblag sixpence in specimen condition.

A variety with a thick royal bust, with an order ribbon at the bottom interrupting the obverse inscription.

We have found two auction listings of the presented stamp in Polish auction archives (20th WCN Auction, Niemczyk 2016).

The penultimate vintage of coins from the Elbląg mint, which no longer resumed operations during Poniatowski's reign.

The only piece with the highest grade in the NGC register, as well as the only one with an MS grade.

On the obverse there is a partially visible punca of the Potocki family.

The highest grade coin. Minted, rated the highest by the NGC, sought after due to its rarity and also due to the popularity of the Elblag mint. In addition, with excellent provenance from the Potocki Collection. It is difficult to find arguments to undermine the statement that this is a coin for the best collections of Royal Poland. The auction promises to be extremely exciting.

Obverse: bust of the king wearing a crown and armor covered with a cloak

D G AVGVST III R POL M D L R P D S & EL

Reverse: in an ornate cartouche the city shield, above the denomination VI, below the date 1762 and the initials ICS Jost Karl Schröder

MON ARGENT CIVIT ELBINGENSIS


For the sixteen initial years of his reign, Augustus III Saxon had essentially no mint policy. It was not until 1749 that a decision was made to start the production of copper shekels and pennies. This task was carried out by three mints: in Dresden, Gruntal and Gubin. In turn, in 1752, Leipzig began producing gold coins (augustdors and ducats and their fractions and multiples), as well as silver coins (thalers, half-talers, two-gold coins, tymphes, orts, sixpences, triples and halves). From a formal point of view, the letting go of mints issuing Polish coins was illegal. This is because it was not authorized by the Polish Sejm. The same can be said of the activities of municipal mints in Royal Prussia. Gdansk, Torun and Elblag began mint production without asking the permission of Treasurer Karol Sedlnicki.

During the reign of Augustus III Sas, the Elblag mint operated from 1760 to 1763, with issues including shekels, trojaks, sixpences, orts, tymphes and two-dukats. A number of managers passed through the mint at the time, including Justus Karol Schröder (1761-1763). Coins minted under his leadership were marked with the initials "ICS." The death of August III ended the beautiful history of the Elblag mint, which dated back to the Middle Ages.


Auction
XI Stationary Auction at the Monopol Hotel
gavel
Date
04 March 2023 CET/Warsaw
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Start price
1 709 EUR
Grade
NGC MS62 MAX - JEDYNY
Top Pop only one MS62
Hammer price
5 848 EUR
Overbid
342%
Views: 297 | Favourites: 22
Auction

WÓJCICKI - Polski Dom Aukcyjny

XI Stationary Auction at the Monopol Hotel
Date
04 March 2023 CET/Warsaw
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WÓJCICKI - Polski Dom Aukcyjny
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Salon Numizmatyczny Mateusz Wójcicki Sp. z o.o.
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