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1724-Q [Perpignan Mint] John Law Half Sol.

Currency:CAD Category:Coins & Paper Money Start Price:200.00 CAD Estimated At:500.00 - 600.00 CAD
1724-Q [Perpignan Mint] John Law Half Sol.
SOLD
240.00CAD+ (48.00) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 May 02 @ 19:21UTC-4 : AST/EDT

Buyer’s Premiums will be added on all items as per the Terms & Conditions of the sale. Invoices will be emailed out after The Toronto Coin Expo.

1724-Q [Perpignan Mint] John Law Half Sol. Choice Very Fine, a remarkable grade for any Perpignan issue, especially so for a later-date coin. Boldly struck, on the typical small planchet which results in the legends at the right being at least partially and occasionally all off the planchet, while the ones at the left are all there and strong. Unusually, the mintmark is all on the planchet, while the bottom half of the date is there. Struck on a planchet that is clearly more brass than normal, perhaps the poor copper used on the 1717-Q coins was melted and more zinc was added to the alloy, or perhaps the brassy look was part of the overall wretched look that caused that coinage to be halted. It is striking that Perpignan minted the Half Sol only in 1723 and 1724, while it coined the larger Sol for a decade longer. Perhaps this meant that there were fewer planchets for the 6 Deniers authorized in 1717 available to make the Half Sols, and a much larger supply of planchets for the 12 Deniers used for the Sols – though the 1717-Q coins are so exceedingly rare that there are almost no examples available for any sort of direct comparison of planchet size and quality. In any event, this date and mintmark are quite rare, with Smith noting just 4 examples in his study of the Half Sol denomination; we suspect few are anywhere this nice.