Maundy set 1766

Maundy set 1766

Maundy set 1766

Period: Neoclassicism

Country: England

Ruler: George III

Mint: London

Quality: VF+ (very fine or better)

Auction house: Dix Noonan Webb

Date: 14 June 2017

Starting price: 160 GBP

Historical context

Every year Christians commemorate the Last Supper on Maundy Thursday. That day it is an old tradition to wash the feet of the poor and give them gifts.

The English Royal family takes part in the Maundy ceremonies since the XIII Century. As it was typical for them to give some coins to the poor, from 1670 on, the Royal Mint hammers especial sets of four coins for this religious event known as “Maundy Money“. The number of Maundy sets issued varies from one year to another, but in most years there are fewer than 2,000 complete sets.

Market

Many English collectors demand Maundy sets as they are easy to collect and they can be tracked back to 1670. Almost all the dates are relatively easy to find and their price is affordable. Hence, it can be fun to collect Maundy sets although they may not be the best investment.

Regarding the Maundy set 1766, we can easily find some hammer price references: this set was sold for 180 GBP and this other one for $220. Thus, we can consider that 180-200 GBP are reasonable hammer prices for this coin set.

Description from the seller

A COLLECTION OF MAUNDY SETS, THE PROPERTY OF A LATE COLLECTOR

BRITISH COINS, George III (1760-1820), 1766 (ESC 2230; S 2412) [4]. Very fine or better £200-260

Source

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