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Poniatowski, 4 Groschen 1787 EB - NGC MS61

NGC MS61
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Lot description Show orginal version
Grade: NGC MS61
Certificate: NGC 6142333-014
Reference: Parchimowicz-Brzeziński 22.a, Plage 295, Berezowski 1.25 zł

The first gold coin with a new type of coat of arms shield, square, without a wreath.

Under the shield, the initials EB of mincmaster Efraim Brenna.

A fresh mint piece with a high note from the NGC.


During the first two years of the reign of Stanislaw Augustus, municipal mints operated in Gdansk and Torun (1765 and 1766). However, these cities were forced to close them. This was because the king intended to recover from the monetary chaos left over from the Saxon era and introduce a new monetary system. Its basis was to be the Dutch ducat and the thaler minted from the Cologne fine (pure silver) in 10 pieces. The reform came into effect in 1766, and the monetary circulation of the Republic included fine and full-value coins: ducats, thalers, zlotys, pennies and their fractions and multiples. The fact that these were full-value coins caused them to be pulled from the market and melted down into lower-quality Prussian coins. For this reason, the monetary system was revised twice, including changing the minting rate (1787 and 1794). During the reign of Stanislaw Augustus, two state mints worked: the Cracow and Warsaw mints.


Auction
X Jubilee Auction at the Monopol Hotel
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Date
01 October 2022 CEST/Warsaw
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Start price
319 EUR
Grade
NGC MS61
Hammer price
1 063 EUR
Overbid
333%
Views: 174 | Favourites: 15
Auction

WÓJCICKI - Polski Dom Aukcyjny

X Jubilee Auction at the Monopol Hotel
Date
01 October 2022 CEST/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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