NGC-certified Italian Coin Realizes More than $300,000 at Auction

Posted on 11/26/2019

The top 10 coins in the sale were all certified by NGC and achieved more than $1 million combined.

Ancient and vintage European coins certified by Numismatic Guaranty Corporation® (NGC®) excelled at an auction presented by Editions V. Gadoury in Monaco, held November 15 and 16, 2019. The sale included more than 400 numismatic rarities from the House of Savoy, which was the ruling dynasty of Italy from 1861 to 1946.

The highest-realizing coin from the Savoy collection, and in the entire sale, was an Italy 1684 20 Scudi d’Oro graded NGC AU Details that achieved €290,000 (about $321,000 USD). This impressive gold coin, featuring Victor Amadeus II (who was Duke of Savoy at the time), was likely meant to be a diplomatic gift. Indeed, the late 17th century was a dynamic period for Victor Amadeus II, as he ousted his mother from power, married (in the same year this coin was struck) and rotated alliances among France, England, the Dutch Republic and Venice.

Italy 1684 20 Scudi d'Oro graded NGC AU Details that realized €290,000 (about $321,000 USD)
Click images to enlarge.

Another Savoy collection coin that achieved six figures was an Italy 1641 10 Scudi d’Oro graded NGC MS 61 that realized €135,000 (about $149,000 USD). This coin features Victor Amadeus I, who died in 1637, and his young son, Prince Charles Emmanuel (Victor Amadeus II’s father), who became Duke of Savoy upon his father’s death.

Italy 1641 10 Scudi d'Oro graded NGC MS 61 that realized €135,000 (about $149,000 USD).
Click images to enlarge.

Other NGC-certified coins from the Savoy collection that realized significant prices included:

Outside the Savoy collection, NGC-certified highlights included:

All prices realized include buyer’s premium.

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