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New World Record!

Baldwins’ auction room at 399 Strand was the venue for one of the most important numismatic events in recent years as the 1933 Pattern Penny smashed through the World Record for a copper or bronze coin sold at auction.

 

The 1933 Lavrillier Pattern Penny that sold for a World Record Price for any copper or bronze coin sold at auction when it reached a price of £72,000 in our salesroom on 4th May 2016.

  

The coin, one of only four Patterns ever made, garnered bids from all over the world, and was finally wheedled down to just two telephone bidders who went toe-to-toe for over five minutes before the hammer came down on a price of £72,000.

The currency version of the 1933 Penny is well documented, but the Pattern version sold on Wednesday 4th May is even rarer. In 1932 the Royal Mint had a surplus of pennies, so no more currency versions were produced. In fact, only seven pennies with the 1933 date were minted for ceremonial and record purposes.

The Standing Committee on Coins Medals and Decorations decided in late 1931 to re-design the penny, with the likeness of George V the key development. A sculptor and medallic artist from France by the name of Andre Lavrillier was recruited to design the coin, and his Patterns were presented to the committee in December 1932.

They were met with some resistance, with the committee feeling that the new designs were not of superior quality to the existing product. Whilst Lavrillier would go on to design a number of coins for the French mint (coins that were still in use as late as 1969), his designs for the 1933 penny were dismissed, leaving only in existence the four patterns presented to the committee.

Of these four, one is held in the Royal Mint Museum, whilst the other three are in private hands – hence why when one such example comes up for sale it is an important numismatic event.

This was shown by the immense interest in this particular coin – Baldwin’s received requests from as far afield as Australia, United States, New Zealand, with potential bidders flying in from all over the world to view the auction live. For most of those hopeful arrivals, however, it was to ultimately end in disappointment, as the coin was sold to a private collector for a price that was out of reach for most everyday collectors.

This World Record joins a number of such records held by Baldwin’s, which include the Hong Kong Gold Proof Dollar (£222,200) and the most expensive Ancient Greek Coin ever sold at auction, the Pantikapaion Gold Stater which sold in 2012 for $3.2 Million at our auction in New York, as well as the most expensive modern Greek coin, the 1876 100 Drachma selling for £216,000 in 2014; the highest value Australian coin, the 1920 Sydney Sovereign selling for £780,000; and the world record for a British coin with the Edward VIII gold Proof Sovereign selling for £516,000 in 2014.

This new world record realisation, however, stands as testament to the current strength in British numismatics, and shows that there are still those who understand the true value of extreme rarity. Lavrillier himself may have been disappointed that his presentation to the Committee was resoundingly dismissed, but we’re sure were he alive today he would have been rather pleased to learn that his creation is one of the most sought-after and expensive coins in the UK. And now a world-record breaker to boot.

 

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From Colenso to Normandy….

It was in November of 1899, in the midst of the Boer War that an armoured train departed Estcourt in Natal on a reconnaissance mission to report on the Boer advance at Ladysmith, a few dozen miles to the north.

The Second Anglo-Boer War had been raging for just a month, fought between the British Empire and the two independent Boer republics of the Orange Free State and the South African Republic (ZAR). The Boer forces held Ladysmith, and the British held Estcourt. Between the two was the town of Colenso – which was to become the scene of a famous and bloody battle.

The armoured train journeys were dreaded by the British, who lived in (a very real) fear of the tracks being blown up at any moment. On the 15th November the train departed Estcourt with a company of Royal Dublin Fusiliers and a half-company of Durban Light Infantry. It also contained the war correspondent of the Morning Post – a young man of 25 who went by the name of Winston Churchill.

It was to be the journey that so many of the soldiers had dreaded.

Two miles short of their destination the train encountered a force of Boer soldiers who opened fire. The driver increased speed to escape, but the Boers had foreseen such an action and the train almost immediately pounded into a boulder that had been strategically placed across the tracks and derailed. Eighty soldiers and one war correspondent had little choice but to surrender.

The train was ordered on its ill-fated mission by Colonel Long, who would subsequently play a prominent and ultimately disastrous role in the Battle of Colenso just a few weeks later.

At the battle, Long was in command of the heavy guns that formed such a vital part of the British artillery. He was a strong advocate of the Prussian strategy of moving the heavy guns ahead of the infantry – a tactic that would prove to be a big mistake.

On the 15th December the Battle of Colenso began, with the guns proceeding at the vanguard. Within minutes of advancing under extreme heavy fire most of the horses were dead and two thirds of the gunners were dead or wounded. Long was urged to abandon the guns, and in a pique of stubbornness was reported to have said “Abandon be damned. We never abandon the guns.”

And so they didn’t, a move that was to prove fatal. Long himself was injured, and eventually just two gunners remained. When one of the two remaining was hit, the other made a hasty retreat. With the guns unmanned and the bodies of the gunners strewn across the battlefield, Long lapsed into delirium: “ah, my gunners. My gunners are splendid. Just look at them.”

With the guns sitting out in the open, volunteers were called to step forward and retrieve them. Major Prince Christian Victor (the grandson of Queen Victoria), Captain Schofield, Captain Congreve and Lieutenant Roberts heeded the call (all would subsequently receive the Victoria Cross for their actions). The four officers took five teams of horses across the open ground. Two of the teams were brought down almost immediately, with Victor, Congreve and Roberts wounded.

The remaining teams somehow managed to reach the guns, hitched them up and began to return to cover.

One of that team was Driver G. Rockall of the 66th Battery Royal Field Artillery, who was awarded for his extreme bravery under the most challenging of circumstances the Distinguished Conduct Medal, now available to buy at our May auctions in London.

The Exceptional Colesnso, VC Action, Distinguished Conduct Medal Group of 5 to Driver G.Rockall of the 66th Battery Royal Field Artillery. Estimate: £5,000-7,000

The Battle of Colenso resulted in a spectacular defeat for the British – so much so that all the medals awarded for the Battle make no reference to Colenso at all. British casualties numbered 1,125 – the Boer losses by comparison were extremely light. Such figures point to the unmitigated failure on the part of the Generals – a fact that was no doubt not lost on a young Morning Post reporter who had escaped from Boer captivity just 3 days before the battle.

Had that young reporter been able to demonstrate the military prowess he would later display to victorious effect at Colenso there might well have been a different outcome. And yet, who is to say that the ill-fated events on that South African Battlefield did not shape the thinking of an impressionable Churchill? Perhaps, had the Battle of Colenso unfolded differently, the lessons learned might have produced an equally different outcome some forty years later on a beach in Northern France…..

To see the full Military Medals selection for this auction, click here:

Part one

Part two

To view the full catalogue, click here.

Want to see your items or collections right here? Baldwin’s is now taking consignments for our 2016-17 auction seasons. You can contact us directly by clicking here, or alternatively call Seth Freeman on +44 (0)20 7930 9808 or email seth@baldwin.co.uk

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The Battle of the Bees

Historical tales of great military campaigns often celebrate the virtues of some of the greatest leaders this world has ever known –Nelson, Wellington, Napoleon – the list goes on and on. Tales of cunning; of famous manoeuvres; of evaluated risks and psychological tactics.

It is easy to forget, as we marvel at the magnitude of achievement and the Machiavellian shrewdness of the victorious Generals, that there is always a losing side. And it is on that losing side that we oft find the most extreme tales of bravery from the infantry – from the soldiers destined to face a formidable foe. Bravery and courage that stems perhaps from the ineptness of their own Generals – Generals themselves destined to have the words ‘defeated by’ forever etched after their names in the annals of history.

In November of 1914 we find one such example – of celebrated military tactics on one side aided by a level of incompetency on the other; seasoned by the bravery and distinguished conduct of the soldiers who found themselves led by a General destined to be the lesser of his counterpart.

It was the beginning of the war in East Africa – the Battle of Tanga, often referred to as the Battle of the Bees due to the swarms of indigenous bees that proved so hinderous to the British-led forces.

Tanga itself was situated on the coast of what was then German East Africa – a supremely tactical location as the area’s busiest seaport and the headquarters of the crucial Usambara railway that linked the town with the Usambara mountains and Lake Victoria.

The British command ordered General Aitken to capture the German port. On 2 November 1914, HMS Fox landed at Tanga and immediately demanded surrender. It was a tactical ploy that would prove to be a costly mistake. The request was summarily dismissed, and the German Colonel, Paul von Lettow-Vorbeck was immediately able to reinforce his position.

General Aitken had been reliably informed that the harbour was mined, and so diverted his forces to land some three kilometres further down the coast. The information was, however, utterly wrong, and the harbour was not only unmined but under-defended, as Lettow-Vorbeck had pulled many of his forces back to defend the town.

The next morning, Aitken sent four companies of the 13th Rajputs towards the town. Indicative of the entire campaign, reconnaissance of the area had been somewhat lax, and the companies immediately found themselves under heavy fire. By the afternoon the fighting had become as disorganised as the aforementioned planning, taking on the nature of ‘jungle skirmishes’, not helped in the slightest by the swarms of angry bees that attacked constantly.

Lettow-Verbeck ordered a counter-attack and the British forces were soon left with no option but to retreat. It was a costly defeat – the British casualties numbered 847 (including 360 fatalities). By contrast, the German forces had incurred just 67 deaths.

General Aitken then, through a combination of poor planning, misinformation and bad decisions, doomed himself to have the words ‘defeated by’ forever preceding his name, leaving those under his command to steal the glory.

Lot 2177 in our May Auctions (3 & 4 May 2016) – The Distinguished Conduct Medal for Tanga East Africa Boer War Group to Pte Arnull, along with other medals from the Boer War. Estimate: £1,800-2,200

One of those such men was Private Charles Arnull, who received the Distinguished Conduct Medal for his role in the ill-conceived attack, proving that when the Generals falter it is left to the common soldier to display the grit, bravery and determination that we normally reserve for the military greats.

Private Arnull’s heroics under the most adverse of circumstances are remembered here with this medal, sold alongside his others from WWI. The conditions that he had to endure in the face of such poor leadership we can only imagine, but summed up eloquently by this quote from a British soldier of the battle: “with (the enemy) firing at our backs and the bees stinging our arses, it was ‘ard.”

To see the full Military Medals selection for this auction, click here:

Part one

Part two

To view the full catalogue, click here.

Want to see your items or collections right here? Baldwin’s is now taking consignments for our 2016-17 auction seasons. You can contact us directly by clicking here, or alternatively call Seth Freeman on +44 (0)20 7930 9808 or email seth@baldwin.co.uk

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“The Ship was Throwing Ashes Overboard”

In the summer of 1917, Lieutenant F G J Manning of the Royal Naval Reserve was transferred to “special service”. In this case, ‘special service’ meant joining Q-ship Acton (also known as Q-34). Less than a month into his service aboard, the Acton encountered a U-boat off the French coast on 20 August 1917.

For his actions, Manning would receive the Distinguished Service Medal, and the report of the incident adds a colourful insight to the events of that evening.

The Rare Great War Q Ship Distinguished Service Cross Group of 4 awarded to Lieutenant FGJ Manning for his gallantry in HMS Acton’s successful engagement with UC-72 in August 1917. Estimate: £3,000-3,500

“I have the honour of reporting on an action which took place between H.M.S. Acton and a submarine yesterday 20 August 1917.

Acton was steaming at 10 knots when at 6.25pm a submarine was sighted on the port quarter. Acton maintained approximately the same course and reduced speed to 8 knots, orders being at the same time to make more smoke and therefore avoid blowing off steam. The submarine commenced firing at 6.25pm and continued at ranges varying from 8,300 to 6,000 yards until 8.00pm. During this time between 50 and 60 rounds were fired, eight of which were time-fused. The submarine ceased fire as boats were lowered. At 8.00pm the ship was stopped and a ‘panic abandon ship stations’ were carried out: smoke boxes were fired in the well deck and steam leakage turned on.

At about this time the submarine submerged and carried out a close periscope inspection of the ship which lasted until 8.35pm. The submarine was so close that at one point it actually collided with the ship, shaking Acton fore and aft. It then came to the surface about 1,000 yards away and hailed the boats to come along side, but as it was getting dark the submarine was not seen through the spy-holes on the bridge. The next time it was seen, it was circling close round the ship on the surface, and at a range of between 200 and 300 yards, fire was opened on the submarine just before the port beam. Six rounds were fired, at least four of which hit the submarine, the certain hits being two abaft and below the conning tower and two on the conning tower. Loud shouts came up from the submarine when Acton opened fire. The submarine then submerged stern first and most of her conning tower was shot away.

The telegraph was put to full speed ahead, when the open fire bell was pushed and an attempt was made to ram the submarine as she submerged, a depth charge being dropped when over the spot where she submerged at 9.10pm. This exploded 10 to 15 seconds after being let go and sent up a column of black or dark brown water 25 to 30 feet high.

It was now very dark, so the boats were found and hoisted. The foremost fall of the port life boat had been shot away and caused a little delay in hoisting. When the boats were clear of the water, Acton commenced steering in a square, in the hope of finding wreckage on which to drop another depth charge or pick up survivors, but unfortunately, at about 10.20pm, a light, then considered suspicious but since only believed to be a reflection of a star, was seen and followed up.

Nothing further was seen of the submarine, and I consider it was sunk; but the darkness prevented small objects being seen in the water; though after depth charges had exploded the only man who was looking over the side aft said that the water had the appearance it would have if “the ship was throwing ashes overboard”. The depth charge used seems to have gone into the submarine’s swirl. The weather was fine and the sea calm.”

Manning was awarded the D.S.C. and received a £40 share of the Admiralty’s resultant prize fund.

The Group of 4 Medals awarded to Manning for his role in the sinking of UC-72 is now available to buy in our London May Auctions – to view the entire catalogue, click here.

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The Legacy of a Monarchy

This week saw the birthday of Queen Elizabeth II, Great Britain’s longest reigning Monarch. Her 90th birthday celebrations standing as a significant testament to the unfathomable amount of work and achievements throughout a lifetime spent in the public eye.

* Married for 68 years (longest of any British Monarch)

* Hers was the first televised Coronation

* Has seen no less than twelve Prime Ministers come and go, along with seven Archbishops of Canterbury and seven Popes.

* Has sat for more than 130 official paintings

* Travelled a staggering one million miles, visiting 117 countries.

With such a long list of influences, it is safe to say that her Majesty’s place in history is secured, and she takes her place at the end of a long, long line of British Monarchs – the majority of whom have similar little asterisks at the end of their names with footnotes that send ripples of consequence throughout British and world events.

It is inconceivable then, that we don’t remember them – who they were, what they did and the events they inspired (or sometimes conspired) to create. There are legacies scattered throughout individual reigns and reigns of houses (Tudor, Lancaster, Windsor) that will forever be etched onto the nation’s consciousness; tales that have been ingrained as quintessentially British as Stonehenge or a cup of tea.

We assume that these legacies will last forever – the names of Charles I, Victoria, Elizabeth II resounding through the histories of the future. But is that assumption safe? Are Monarchies and their Kings and Queens really remembered forever?

2000 years ago, the Aksumite Empire rose up in what is now modern-day Ethiopia, encompassing parts of Eritrea, Yemen, Saudi Arabia, Djibouti and Sudan. It was a major cultural and economic influence on the Ancient World – they were the second civilisation to adopt Christianity as their official faith (behind Armenia), and the only sub-Saharan State to mint their own coinage. They even had their own version of Stonehenge – the Axum Stelae.

Aksum’s influence was so huge that it is purported to be the final resting place of the Ark of the Covenant. They even created their own alphabet (the Ge’ez alphabet), and was a meeting point for a huge variety of cultures – the sprawling Aksumite cities had Sabean, Jewish, Nubian, Christian and Buddhist minorities.

An important location in world history then – certainly on a par with the British Empire of the 1800’s.

And yet we know next to nothing about their Monarchs.

A few names survive – Endybis (who ruled around AD 290); Ousanas (c. AD 320); Ouazebas (late 4th Century AD) for example – but most have been lost to the mists of time. In fact, many of the names we do know about we know only from their coinage.

Endybis (c. AD 290), Gold, 2.64g. Extremely fine.

Estimate: £500-700

It is a much celebrated fact of numismatics that the history of the coin contains much of its appeal – in the case of the Aksumite coinage coming under the hammer in our May auctions, it is the coin itself that is the history. Without them, these names would be as inaccessible as the Church of Our Lady Mary of Zion (where the Ark of the Covenant is purported to be housed).

What did their Kings do? Just what were their achievements? Did any of them foil a ‘Gunpowder Plot’ to blow up Parliament? Did any of them fight invasions and take an arrow in the eye?

Did any of them celebrate their 90th birthday with a huge party in front of an adoring crowd?

We may never know. Aksum today is no more than a small country village in Ethiopia, which begs the question: will any of our own Monarchies be known in 2000 years’ time, or will the only way those in the future will know of their legacies will be from the rare fifty-pence pieces that turn up every now and again?

The Aksumite Collection for sale in our London Auctions on May 4 2016 has been formed over  many years, with the aim of putting together a representative selection of good quality examples from the entire series of Aksumite coinage. It is particularly noteworthy for the fact that it contains denominations in gold, silver and copper – a rare and excellent opportunity for collectors of the series (or those who would perhaps like to start).

To view the entire collection, click here.

To view the entire catalogue for this auction, click here.

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Introducing the Newest Member of our Team

A H Baldwin & Sons Ltd are proud and delighted to welcome the newest member of our specialist team – the renowned medallist and curator Mark Smith.

A familiar face for many enthusiasts around the UK, Mark can often be seen on the BBC’s Antique Roadshow, where he is one of the Arms and Militaria Specialists.

Although relatively new in his role here at Baldwin’s, Mark has been collecting medals and orders for more than 47 years, and is widely regarded as one of the leading medals specialists in the country, with a comprehensive understanding of the incredible stories that lie beneath the aesthetics of such wonderfully engaging and historic collectables.

As well as appearing on our television screens and meticulously working his way through the Medals’ room in the Baldwin’s vault, Mark is also the curator of The Royal Artillery Museum in Woolwich, and holds a Master’s Degree in Museum Studies from UCL amongst many other high-profile achievements throughout a glittering career. Mark is also an Associate Member of The Guild of Battlefield Guides, and runs battlefield tours across Europe.

With his unrivalled achievements and qualifications, Mark brings a considerable degree of authority to one of the world’s most important numismatic dealers and auction houses, and has fitted in immediately to our team of world-class specialists.

Mark will be working to ensure that Baldwin’s maintains its position as one of the foremost Medals and Orders Auction houses in the world, covering all aspects of the business from retail to auctions.

Mark is also renowned in Medals and Orders circles for a (we believe) unique collecting quest – for the last few decades he has been endeavouring to acquire WWI Casualty Medals, and is well on the way to his ultimate goal of owning one such medal for every single day of WWI.

A momentous undertaking, we’re sure you’ll agree. Legend has it that there exists a diary that Mark keeps about his person at all times with the dates of medals collected and those that have thus far proved elusive.

Does such a diary really exist? You’ll have to ask him….

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The 1933 Penny

It has been a fact of British numismatics for many years that one of the most famous coins is the 1933 Penny. Its rarity is of course a primary factor, but the reason it has grasped the attention of the public is probably down to the word ‘penny’.

It’s a common, everyday word, and a common, everyday item – you’ve probably got a penny in your back pocket right now, or at the very least sitting silently in your loose change jar at home.

Because it is a penny, it becomes immediately identifiable – especially to the non-numismatic community for whom words like ‘tetradrachm’, ‘quinarius’ or ‘siliqua’ probably mean nothing more than a pretty good Scrabble score.

‘Penny’, however, is a thing we can all recognise, and the fame of the 1933 penny has meant that for generations people all over the UK have been checking their change in the vain hope that maybe, just maybe….

In 1933, the banks had enormous stocks of pennies – so much so that there was no need to make anymore. The actual figure for currency pennies produced with the 1933 date is, according to the Royal Mint Museum, ‘no more than six or seven’. What is definite, is that three of these are now in private hands.

Coincidentally, that same figure is true of the Lavrillier Pattern Penny, designed as an experiment for the relief of the bronze pennies of which the Royal Mint and the banks had such huge stocks.

Just as with the currency version, the Copper Pattern Penny is extremely rare – in fact, only four are known to exist: one is in the Royal Mint Museum, and the other three are in private hands. Of those in private hands, one is now available to buy at our London Auctions in May.

The existence of these Pattern Pennies has never been fully published until now, and after much research and collaboration (we are indebted to Mr G P Dyer of the Royal Mint Museum for his contribution), we can now authoritatively state the reasons for their presence amongst the numismatic elite.

The George V Copper Pattern Penny, 1933, by Andre Lavrillier.

As struck and extremely rare – one of only four known examples. 

Estimate: £35,000-40,000

The story actually goes back to 1929, when the Royal Mint was commissioned to mint a coinage for Romania, depicting a new effigy of King Carol II. This likeness was created by a French artist of some considerable experience who went by the name of Andre Lavrillier.

Naturally, to produce any likeness upon a coin call for a close collaboration between artist and mint craftsman, so Lavrillier travelled to London in 1930 to aid the process.

The Deputy Master, Sir Robert Johnson, of the Royal Mint at the time greatly impressed with Msr Lavrillier – a fact noted in the 1930 Royal Mint report. The report makes a great deal of Johnson’s high opinion of Lavrillier’s artistic skill and his understanding of the technicalities in die making – an understanding that was often lacking in his English counterparts.

In February 1931, at the 71st Royal Mint meeting of the ‘Standing Committee on Coins Medals and Decorations’ at St James’ Palace, the fifth item on the agenda was ‘The Effigy of His Majesty (George V) for Imperial Coins and Reverse of Bronze Coinage’. Sir Robert further emphasised how impressed he had been with Lavrillier’s work on the Romanian commission, and gave his opinion that Lavrillier could well be the person to eliminate the ghosting that had blighted the bronze coinage of much of George V’s reign.

In a pique of characteristic Britishness, several members of the committee openly questioned whether it was necessary to employ someone from abroad to do the work. In equally stereotypical fashion, they eventually acquiesced enough to ‘wait and see’ what Lavrillier could produce.

Lavrillier was thorough, and it was not until January 1933, at the 5th meeting of the Standing Committee at St James’ Palace that the (once again) 5th item on the agenda was (once again) ‘The Effigy of His Majesty for Imperial Coins and Reverse of Bronze Coinage’. At this meeting, the committee were presented with electrotype of Lavrillier’s model, together with “specimens struck in a metal press…bearing Lavrillier’s revised bust of his Majesty and new reverse”.

The committee’s dogmatism once more came to the fore, with the Chairman declaring that the new designs did not ‘fully eliminate the ghosting as desired’, with one member noting that he actually preferred the older version. There were also criticisms of the design of the effigy, particularly the shape of the neck.

Although not formally recorded, it is surmised from the minutes of this meeting that Lavrillier’s experiment was effectively ended right there. The specimens presented to the committee found their way into the Mint Museum in November 1935. Records show their arrival, and there are later pencil-marks that show them being de-accessioned from the museum’s holdings.

After that, the record falls into silence.

Lavrillier himself would go onto to produce patterns and designs for the coinage of France and her colonies (many of which were still in use as late as 1966). His four proof pennies exist, however, to this day. The records may well have ended, but when a specimen does appear for sale, the rare opportunity it presents and the immense amount of interest it generates means that new records may well be on the horizon….

To view the entire catalogue for this auction, click here.

Want to see your collection or item here? Baldwin’s is now taking consignments for our 2016/17 auctions – for more details call Seth Freeman on +44(0)20 7930 9808 or email seth@baldwin.co.uk.

To see why our auctions consistently achieve the best results for our consignors, click here.

 

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The Broken Bridge of Numismatics

Outside of the United Kingdom, the town of Pontefract is unlikely to be uttered in the same breath as some of the more well-known locations, and yet it holds a position amongst the elite when it comes to important historical landmarks on these Sceptred Isles.

From William the Conqueror to Shakespeare to Oliver Cromwell and even Robin Hood – the list of major historical figures that have been associated with this Yorkshire town is significant, cementing Pontefract’s influence on the economic and historical shaping of the United Kingdom.

In 1069, three years after landing at Hastings in an arguably more famous invasion, William the Conqueror travelled to the area in an attempt to quell an uprising that had already sacked the nearby town of York. On his arrival, he discovered a group of Anglo-Scandinavian rebels had destroyed the main bridge (and the main route to and from the (then) village) over the River Aire.

It is widely assumed that this encounter gave birth to the town’s name – Pontefract derives from the Latin ‘Pons’ for bridge and ‘fractus’ for broken.

Fast forward a few hudred years and ‘fractus’ became even more appropriate. When the English Civil War ravaged across the land as Oliver Cromwell’s Parliamentarians and Charles I’s Royalists fought for the future of England, Pontefract’s central location made it a highly strategic town for both camps.

In 1648-49 the town was very much a Royalist stronghold, and therefore a military target for Cromwell, who pronounced it “….one of the strongest inland garrisons in the Kingdom.”

Over the course of more than 12 months, the town was laid to siege, leaving it ‘impoverished and depopulated’. This siege, as terrible as it must have been for those involved, was nevertheless the catalyst for one of the most important numismatic events in UK history – the creation of the besieged or ‘obsidional’ coin.

In the absence of any money coming into (or leaving, for that matter) the town, the inhabitants were forced to create their own currency to pay the soldiers who were, like the residents, trapped behind the city walls. Residents – noblemen, gentry and peasants alike were asked to donate steel plate in order to make these coins. And in a sense of community in adversity, they did it gladly. As the poet Samuel Butler describes in his satirical poem Hudibras:

‘Did Saints, for this, bring in their plate,

And crowd as if they came too late.

For when they thought the cause had need on’t.

Happy was he that could be rid on’t.

Did they coin trenchers, bowls and flagons,

I n’t officers of horse and dragoons.

And into pikes and musquetteers,

Stamp beakers, cups and porringers

A thimble, bodkin and a spoon

Did start up living men as soon

As in the furnace they were thrown

Just like the dragon’s teeth being sown.”

When the siege finally ended, it was clear that the residents of Pontefract had had quite enough. In 1649 the castle was demolished after being dubbed ‘a magnet for trouble’ by the townsfolk.

‘Fractus’, indeed.

Remains of the once mighty castle are still visible today, albeit in a much more diminished capacity. The coins, forged from the plate ‘just like dragon’s teeth being sown’, likewise mostly disappeared as their usage had been nullified. Which is why, when such a specimen does appear on the market, it is a significant numismatic event.

The High Grade Pontefract Shilling, 1648, for sale at our London Auctions on May 4, 2016. Estimate: £20,000-25,000

This Silver Shilling from the siege at Pontefract is one such item – with stunning detail, it is rare to find one so well preserved – a wonderful conversation piece and a vital addition to any British coin collection, representing a period of UK history that is as fascinating as it is bloody.

And Pontefract today? A thriving pretty market town in Yorkshire, affectionately known by the locals as ‘Ponty’, probably because its not ‘fractus’ anymore. And yes, they’ve fixed the bridge.

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Hong Kong Auction 60

A H Baldwin & Sons Ltd conducted the 60th Hong Kong Coin Auction at the Holiday Inn in Kowloon on Thursday 7th April, reaching a total of over US$750,000, and with some truly exceptional items going under the hammer.

 The auction sits as an integral part of the 3-day Hong Kong International Coin Convention, and is an incredibly popular and important part of the world-wide numismatic calendar.

 

The crowds gather on the first morning of the International Coin Convention in Hong Kong

Over the decades that Baldwin’s has been holding the Hong Kong Coin Auction alongside our friend and partner Mr Ma Tak Wo, we have never ceased to be amazed at the level of enthusiasm that exists within that part of the world for all aspects of numismatics.

The Coin Convention itself, held at the same venue, attracts visitors from all corners of the world, some travelling a considerable distance to attend – for example from Australia, the UK and Germany.

The auction itself offered a varied selection of Far Eastern Banknotes and Coins, as well as World Coins and Tokens, with the banknotes in particular proving to be incredibly popular.

The auction was also streamed live through the Baldwin’s website, creating the ability for hundreds of viewers all over the world to interact directly with the proceedings and to bid in real time.

Baldwin’s has always viewed our involvement in the Hong Kong Coin Auction as a vital part of our international calendar, allowing us to interact directly with an audience whose love for numismatics is as strong as anywhere in the world. From the moment that the doors open for viewings days before the auction, the passion is self-evident throughout the building.

As always, it is with a heavy heart that we say goodbye to our friends in the East after an exhausting but thoroughly wonderful few days, safe in the knowledge that we will return very soon for Hong Kong Coin Auction 61 in August.

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The Alfred Franklin Collection of Ancient Coins

The Alfred Franklin Collection of Ancient Coins has been assembled carefully over the course of many years, with a constant and unerring eye for quality and historical interest, with a focus and enthusiasm for artistry and portraiture.

It has been an enormous pleasure for Baldwin’s to be able to help develop this collection of Ancient Greek and Roman coins, and we are now delighted to be able to offer this extraordinary collection for public sale at our May auctions in London.

An Attractive Cestius & Norbanus Aureus

L Cestius & C Norbanus (43 BC), Gold Aureus, 7.95g

Well-struck and of good style. About extremely fine, a rare variety.

Estimate: £8,000-10,000

The collection encompasses the Greek and Roman periods with a meticulous appreciation, with particular devotion given to Roman imperial gold Aurei; a very comprehensive run of Roman Republican and Imperial silver coinage; and a select group of beautiful and artistic Greek silver coins.

Many of the items have provenances to major London dealers and international auctions, some with pedigrees reaching back for many decades.

An Attractive Lebedos Tetradrachm

Ionia, Lebedos (2nd Century AD), Silver Tetradrachm, Stephanophoric type, Magistrate Athenaios, 16.75g

Good metal and of arresting style, extremely fine.

Estimate: £2,500-3,000

Alfred Franklin is a retired Consultant Orthopaedic Surgeon, and has been familiar to the London numismatic scene for a number of years as an active and enthusiastic collector who will always aim for the best quality available. His visits to view stock or forthcoming auctions are invariably a delight, always accompanied by lively conversation encompassing a broad range of subjects.

“My interest in numismatics was stimulated when, as a small boy living in a poor neighbourhood in post-war austerity London, I was given a present of a tobacco tin containing a number of aluminium coins from various European countries. As the decades passed I was able to indulge my fascination with the history, artistic representation, design, political delusion, civic pride and national identity embodied in examples of coinage and they formed a happy diversion from my day job.

“I ultimately progressed to collecting ancient coins for their beauty, a better understanding of the period and the locations in which they were produced, and most importantly for what they have to teach about the foundations of Western Civilisation.

“It is my hope that these coins will bring as much interest, inspiration and pleasure to their future collectors as they have to myself.”

Hadrian (AD 117-138), Gold Aureus, struck AD 125-128, 7.33g

Good portrait, extremely fine.

Estimate: £8,000-10,000

Sicily, Segesta (c. 420-410 BC), Silver Didrachm, 8.68g.

Well-centred and of particularly attractive style, irridescent cabinet tone, good very fine and very rare.

Estimate: £2,000-2,500

To view the entire collection, click here:

Part 1

Part 2

To view the entire catalogue for this auction, click here.

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