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Rare Queen Elizabeth I coin sells for a stately sum…

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A gold coin dating to the reign of Queen Elizabeth I was among precious lots that went under the hammer at Cuttlestones’ recent Specialist Gold & Jewellery Sale.
When several items of gold came into Staffordshire’s Cuttlestones Auctioneers recently for valuation, gold & jewellery specialist Dave Eglington found himself coming face-to-face with one of the most fascinating women in history.
 
Amid a selection of interesting coins, one particular example stood out – bearing the unmistakable profile of Queen Elizabeth I. The hammer-struck gold coin would not have been in everyday circulation, but used for high value transactions, diplomatic gifts and wealth transfer, its image of Elizabeth in her full splendour as a great Protestant monarch – the equal to any of her Catholic rivals – a political statement.
 
Dating back to 1594-96, the gold pound drew interest from bidders online from around the world – going on to sell for an impressive £8,500. Dave says:
 
“We knew when this coin came in that it was something special – and this was reaffirmed by our coin specialist Adrian Simmons, who uncovered more of the lot’s history. It just goes to show how important it is to get gold and jewellery items professionally valued rather than rely on ‘cash for gold weight’ services – the value of this coin in terms of its weight would have been just £480!”
 
Lots performed exceptionally well across the catalogue, with other highlights including a George VI 1937 gold sovereign which went for £2,400; a diamond and seed pearl antique necklace which fetched £3,000; a hallmarked 9ct gold limited edition Winston Churchill chalice, which achieved £2,500 and an 18ct gold graduated diamond bangle, which saw the hammer fall at £2,600.
 
Cuttlestones is now taking consignments for its next Specialist Gold & Jewellery auction – to arrange a free, no obligation appointment, call 01785 714905 or email [email protected]. Full sale results can be found at www.cuttlestones.co.uk 
 
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