2016 Gold Proof St Helena East India Company 3-Coin Set.
This 3-coin set features a one guinea, half guinea and quarter guinea which are struck to the same weight and dimensions as the original coins.
All 3 coins are of a 0.917 (22-carat) fineness and feature angular rope milling. These are the first coins in 200 years to use it.
One of only 500 sets issued.
The guinea came into existence in 1663 under King Charles II and held the value of £1, or 20 shillings.
By 1694 at the beginning of William and Mary's joint reign, the guinea was worth twenty one shillings and six pence. Because much of the silver coinage was old, worn, and badly clipped, before the end of their reign, by June 1695, the guinea was worth as much as thirty shillings. After Mary's death, during the sole reign of William III, there was a substantial re-coinage of the silver coinage, which stabilised the value of the guinea.
From the reign of George III in 1760, few silver or copper coins were struck, so that the state of the currency deteriorated again, until in 1817 another great re-coinage took place, with the guinea being replaced by the lighter weight sovereign.
The obverse features Raphael Maklouf's portrait of HM Queen Elizabeth II surrounded by the lettering:
ST. HELENA • QUEEN ELIZABETH II • 2016
The coins also bear their denominations: £1.05 / 50p / 20p.
The reverse features a simplified shield with each quarter bearing the arms of England, Scotland, Ireland, Hanover and France.
The design also shows several crossing lines and sectional frosting representing the global reach of The East India Company.
|Gold Weight Troy Ounces||0.433|
|Fineness / Carat||0.917 / 22|
|Obverse Designer||Raphael Maklouf|
|Issuing Monarch||Elizabeth II (1952 - Date)|
|Mint / Brand||East India Company|
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
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All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
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