Finest-graded "Una and the Lion," Certified by NGC, Offered in MDC Monaco Sale

Posted on 10/12/2020

This masterpiece and other British ultra-rarities are expected to realize lofty prices in the late October 2020 auction.

The finest-graded example of the "Una and the Lion," a coin that is at the zenith of British numismatics, is being offered in a European auction this month. Certified by Numismatic Guaranty Corporation® (NGC®), the Great Britain 1839 Five Pounds shares the spotlight with several other NGC-graded British gold ultra-rarities in an MDC Monaco auction on October 29, 2020.

1839 "Una and the Lion" Gold Five Pounds graded NGC PF 66 Ultra Cameo.
Click images to enlarge.

Graded NGC PF 66 Ultra Cameo, this Una and the Lion stands out among the survivors of an original mintage of about 400 pieces. Widely regarded as the most beautiful of any British coin, the design celebrates Victoria, who became Queen of England in 1837 at the age of 18. Her 63-year reign is one of the longest by any monarch.

The coin's obverse features a bust of the young queen, framed by the legend VICTORIA D: G: BRITANNIARUM REGINA F: D:, which is Latin for “Victoria by the Grace of God, Queen of the British territories, Defender of the Faith.”

The more famous reverse also features Victoria, this time as Lady Una, a character from Edmund Spenser’s 1590 poem "The Faerie Queene." She is pictured guiding a lion (a symbol of England). The fabled scene is surrounded by the Latin motto DIRIGE DEUS GRESSUS MEOS, which translates to “May the Lord direct my steps.”

Bidding is likely to far exceed the coin’s starting price of € 500,000 (about $590,000 USD). In a May 2020 sale in Japan, an example graded NGC PF 65 Ultra Cameo realized 99,475,000 Yen (about $930,000 USD). That amount is the highest price realized for any Una and the Lion and one of the highest for any British coin.

Meanwhile, the MDC Monaco sale features a second coin with a starting price of € 500,000: an 1831 Gold Crown graded NGC PF 66★ Ultra Cameo. The 1831 Gold Crown is extremely rare and this example is by far the finest known. NGC recognized its incredible eye appeal by including its trademark Star (★) Designation as part of its grade.

Great Britain 1831 Gold Crown graded NGC PF 66★ Ultra Cameo
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A Gold Pattern Crown dated 1817 and graded NGC PF 65 Ultra Cameo has a starting price of € 300,000 (about $350,000 USD). It features the bust of George III, whose 59-year reign was the longest of any British king. Only seven were struck in gold.

Great Britain 1817 Gold Pattern Crown graded NGC PF 65 Ultra Cameo.
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It is the work of engraver William Wyon, best known for his venerated "Una and the Lion" design over two decades later. Wyon's 1817 reverse for the Crown was considered for Britain's new Sovereign coin; however, it lost to Benedetto Pistrucci's timeless Saint George and the Dragon design, which is still in use today.

A British coin struck in Bombay (today known as Mumbai) is also expected to generate lively bidding. The coin, a Great Britain 1896B Gold Trade Dollar graded NGC PF 64, is one of the few known of any year struck in gold and possibly unique for its particular year. It has a starting price in the auction of € 300,000.

Great Britain 1896B Trade Dollar graded NGC PF 64.
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Silver British Trade Dollars were minted starting in 1895 to facilitate commerce in the British colonies of Hong Kong and the Straits Settlements (which included modern-day Singapore). As a result, their reverse contains Chinese characters and Malay script.

At a time when British gold coins are inspiring zealous bidding in auctions around the world, the MDC Monaco sale features yet another spectacular numismatic treasure: an 1826 Five Pounds graded NGC PF 66★ Ultra Cameo. It is the highest-graded of several dozen in the NGC Census and has a starting price of € 200,000 (about $235,000 USD).

Great Britain 1826 Five Pounds graded NGC PF 66★ Ultra Cameo.
Click images to enlarge.

"This highly anticipated MDC Monaco sale is one of the most-impressive offerings of British ultra-rarities in years," said Mark Salzberg, NGC Chairman and Grading Finalizer. "Given the current interest in British gold coins and the high NGC grades that distinguish many of these examples, I think we will see many record-setting prices."

"We are proud to offer these incredible numismatic selections from Britain and around the world," said Nicolas Gimbert, MDC Monaco Numismatic Expert. "NGC certification helps bidders feel more confident, which is especially important when an ultra-rare coin represents a once-in-a-lifetime opportunity."

Other NGC-certified coins in the MDC Monaco sale include:

All starting prices are provided by the auction house.

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