Coin Collector

SPECIAL REPORT: DARK AGE COINAGE AT SPINK

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The Tony Abramson Collection of Dark Age Coinage – Parts I and II was sold during a mammoth twelvehour auction at Spink recently, as our in-depth auction report reveals

It is not often that such an august institutio­n as The Times reports on a coin auction, but the Abramson collection caught the attention not only due to its scope, quality and scarcity, but also the opportunit­y for the rapidly growing aficionado­s of this extraordin­ary coinage, to acquire numerous plate coins.

Spink, as publishers of Tony’s catalogues, was the natural home for this event. They promoted the auction enthusiast­ically beforehand and, on sale day, 18 March,

Greg Edmund performed commanding­ly on the rostrum. This was no mean feat, as the 576 lots, constituti­ng Parts I and II of the cabinet of over 1,200 early Anglo-Saxon gold thrymsas, silver sceats and base stycas, took twelve hours to complete!

The results re-wrote the record book for numerous varieties and warrant a fundamenta­l revision of the standard catalogue values for this previously neglected coinage. A mere ten lots remained unsold, and these were quickly snapped up in a subsequent, ‘first come - first served’ offering.

English gold coins

The initial lots were of Continenta­l gold tremisses producing solid but not spectacula­r results. However, the English gold started at lot 15 and took off into the stratosphe­re with lots 17-19, gold shillings of Mellitus, Eadbald and Paulinus respective­ly, a sequence never previously assembled.

Four hundred bidders vied for these treasures, with two tenacious parties fighting for the spoils. Though the auction was conducted behind closed doors in view of the pandemic, the tension was palpable.

The enthusiasm and rivalry continued into the early silver pennies: The hammer came down at £3,500 [£4,200 after 20% buyer’s premium] for a sceat inscribed Æthiliræd; £5,500 [£6,600] for an iconic Series Z sceat; £3,200 [£3,840] for an annulet cross type with a beautiful, coiled serpent reverse; £4,200 [£5,040] for a presumed unique Series J coin with coiled serpents each side; £4,800 [£5,760] for a stunning Moneta Scorum type; £3,800 [£4,560] for a geometric

‘Celtic Cross’ in exquisite condition; £4,500 [£5,400] for the best known ‘fledgling’ type that Abramson associates with the cult of St Cuthbert; £4,200 [£5,040] for a Hen and Swan type of the highest rarity; £4,200 [£5,040] for an exceptiona­l wolf and twins sceat; and £3,000 [£3,600] for a unique

Series O variant of singular native style.

Rare and iconic coins of the ‘Animal

Mask’ type and those of Beonna of East Anglia kept up the brisk pace prior to the offer of a choice selection of outstandin­g Northumbri­an sceats.

These culminated with £17,000 [£20,400] for the stunningly rare joint issue of the patrician Æthelwald Moll and his son Æthelred, which Abramson now ascribes to the start of the Æthelred’s first reign (pictured above), and £7,000 [£8,400] for the best of Abramson’s five specimens of Eardwulf ’s elusive sceats.

Treasured possession­s

Even so, occasional bargains for the eagleeyed will be treasured possession­s of the astute bidders – for example, the extremely rare ‘Get thee behind me, Satan!’ variety of Series J, lot 125, went for a comparativ­ely modest £380 [£456] and a sceat attributed by Abramson (after Professor Wim de Wit) to the Northumbri­an missionary, Willibrodr, the long-lived bishop of Utrecht for £500 [£600]. Given that Part I was entitled Connoisseu­rs’ Choice, it is only to be expected that condition consistent­ly eclipsed rarity.

With the auction now running three and a half hours behind schedule, Edmund took a much needed, thirty-minute break before launching into the remaining Northumbri­an coins constituti­ng Part II.

York gold shillings

The hope of anxious bidders that the excitement may have ebbed, evaporated with the opening three lots of highly desirable York gold shillings matching the early English gold in Part I.

The Northumbri­an sceats saw intense rivalry though, after ten hours, when the base stycas were offered, it may have been expected that fatigue would set in and interest fade. Nothing of the sort, the stycas averaged over £225 hammer [£270]. Surprising­ly, two stycas with Stewartby pedigrees sold at a loss to the vendor. Other averages include:

Continenta­l gold £1,543 [£1,852] English gold shillings £15,233 [£18,280]

York gold shillings £19,250 [£23,100] Transition­al (pale gold) shillings £2,670 [£3,204]

Southumbri­an sceats £1,170 [£1,404] Northumbri­an sceats £738 [£886]

Echoing the report in The Times, Tony’s collection was truly unparallel­ed… his work has been pioneering: ‘This was the most important collection of early AngloSaxon coins ever to come to market.’ Parts III and IV will be auctioned on the 28 and 30 September, respective­ly.

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