RECORD-BREAKING PRICE FOR GOLD STATER
A unique gold stater of Caratacus was recently sold by Elizabeth Cottam of Chris Rudd Ltd for £88,000, breaking the record for the highest price ever paid for a Celtic coin.
Liz Cottam said: ‘Considering the historic importance of Caratacus, Britain’s first famous freedom fighter and first national hero, and considering the uniqueness of the coin – the one and only gold coin of Caratacus ever found – I believe it’s the biggest bargain we’ve ever sold.
‘In my opinion Celtic coins are still widely undervalued. If the Caratacus stater had been a Roman coin of similar rarity and similar importance it would unquestionably have realised well over £1 million, like that aureus of Brutus that recently went for £2.7 million.’
According to the Celtic coin specialists, the winning bid came from a British entrepreneur who has had many successes, not only in business, but also on the race-track, mostly with his dogs (he has over forty) and more recently with his horses.
‘I knew the Caratacus stater was a good bet,’ he told Chris Rudd. ‘As an experienced collector I immediately recognised its historical significance and its remarkable rarity when I first read about it in The Times. And, as a race-horse owner, I knew that a horse called Caractacus had won the Derby in 1862. So I’m doubly delighted that this unique golden oldie has joined my stable of Celtic coins.
‘It’s a truly beautiful coin and I’m deeply impressed with the Celtic warrior who is riding into battle without a saddle and without any clothes on, apart from his helmet. That must have taken some nerve and a lot of skill. If a great British king can be named after a dog, like Cunobelinus was, I guess a dog can be named after a great British prince. So I’m going to call my next male greyhound Caratacus.’