(◊) DENMARK. Ducat, 1699. Copenhagen Mint. Christian V. PCGS Genuine--Surfaces

(◊) DENMARK. Ducat, 1699. Copenhagen Mint. Christian V. PCGS Genuine--Surfaces Smoothed, AU Details. Fr-170; KM-453; Hede-53; Sieg-111; Kold-147b; Schou-1. Mintmaster: Christian Wineke. Engraver: Anton Meybusch. Very rare and historically significant type. On the stern of the ship lying in front of the Christiansborg fort in Guinea are the initials DWC (Dansk Westindisk Compagnie / Danish West India Company) of the trading company that had commissioned this issue.The West India Company was formally chartered by King Christian V in 1671. The company administered the Danish West Indies until 1754, when it passed to the Danish Government. The company played a vital part in the North Atlantic triangular trade, where enslaved Africans from the Gold Coast were traded for molasses and rum in the West Indies. The Danish West Indies, which were eventually sold to the United States in 1917 (presently the U.S. Virgin Islands), consisted of St. Thomas (settled in 1668), St. John (settled in 1671/1718), and St. Croix (bought from the French in 1733). Estimate: €2,500 - €3,000. (◊) This lot has been consigned from the European Union and will be shipped or picked up from our Denmark office once the auction concludes. Item is subject to full VAT for non-VAT registered entities or individuals who take delivery of lots within EU countries. For buyers taking possession in Denmark, the lot is subject to margin scheme taxation (in Danish “brugtmoms”). All lots shipped to countries outside of the E.U. will be billed an additional one-half percent (1/2%) for insurance (minimum of €10). For any lots delivered outside of Denmark the declaration value shall be the item’(s) hammer price plus its buyer’s premium. Buyer shall be responsible for paying all applicable taxes, duties, and customs charges for all lots delivered outside Denmark. Please see Terms and Conditions. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. Click here to see Coins in Motion.

Estimation:€1,500

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