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Künker Auction of the Preussag Collection: Löser and Mining Coins

By Künker GmbH & Company….
Dear bidders and coin enthusiasts,

In collaboration with London Coin Galleries, we will auction off löser and mining coins from the Preussag Collection on October 30th, 2015 (2 pm) at the Millennium Hotel Mayfair, 44 Grosvenor Square.

We hope that you have already sent in your bid. If you have not done so by now, we would like to take this opportunity to strongly encourage you to do so as soon as possible.

Of course we would be even more delighted to welcome you in person in London. We promise you an extraordinary numismatic event: never before have there been so many löser and mining coins offered for sale at an auction.

Please find our auction catalog 1 here.

Auction Preview Collection of Löser

Brunswick-Wolfenbüttel. Frederick Ulrich, 1613-1634. Gold löser in the weight 20 of goldgulden 1625, Goslar or Zellerfeld.
Brunswick-Wolfenbüttel. Frederick Ulrich, 1613-1634. Gold löser in the weight 20 of goldgulden 1625, Goslar or Zellerfeld. Courtesy Künker GmbH.

Where to start with this auction preview? What to skip? After all, virtually everything would be worth mentioning. What this Auction 1 has to offer is more than spectacular. The first part of the auction offers literally every löser type, represented by several specimens in various weights. Let us single out one telling example: the juliuslöser, the first löser, issued in the years after 1574. Of this coin, specimens with the following dates will go over the auction block:

  • 1574 (of 10 and 5 reichsthaler)
  • 1576 (of 5 and 2 1/2 reichsthaler)
  • 1578 (of 10 and 3 reichsthaler)
  • 1583 (of 10 reichsthaler)
  • 1585 (of 3 reichsthaler)
  • 1588 (of 8 and 3 reichsthaler)

That makes 12 opportunities to acquire an example of this juliuslöser, estimates ranging between 1,500 GBP and 20,000 GBP (US$2,295 – $30,600). But there is much more.

Of course, the extraordinary rarities deserve special mentioning here and an item which stands out is a gold jakobslöser in the weight of 20 goldgulden from 1625. Minted by Frederick Ulrich of Brunswick-Wolfenbüttel, this specimen depicts Jacobus the Elder and thus refers to the St. Jakob Mine at Lauenthal. In 1623, on behalf of the duke, this mine was put under control of the Brunswick mining administration, and was thus turned into a lucrative business again. The pre-sale estimate of this unique item amounts to 150,000 GBP ($229,500). Admittedly, this is an impressive sum, yet it still ranges at the lower end of what this exceptional piece may be worth.

There is hardly any need to stress that all other jakobslöser come in every possible weights and variants as well. Yet the following needs special mentioning: a 1634 jakobslöser of 10 reichsthaler, estimated at 40,000 GBP ($61,356). It depicts not only the apostle on the obverse but also the St. Jakob Mine in the field on the right and what most likely is the Baroque church of Santiago di Compostela on the left. With its extremely fine grade, this coin is a class of its own.

Likewise marvelous is a 1679 löser of 4 reichsthaler from Zellerfeld, which Rudolph Augustus had minted to mark the capture of independent Brunswick. The finest specimen known to exist was struck in the weight of 4 reichsthaler and is now estimated at 40,000 GBP ($61,356).

The estimate of a löser of Christian, Bishop of Minden, is 50,000 GBP ($76,695). On the obverse of this unique specimen, Christian is shown in full Baroque armor.

The pre-sale estimate of a probably unique löser of Frederick of Brunswick-Lüneburg-Celle is 60,000 GBP ($92.034). It depicts Frederick’s facing bust, wearing a large ruffled collar, within a Baroque decorative frame.

By the way, you do not have to be a millionaire to afford a löser. Very fine specimens are available for estimates as low as 500 GBP ($766.95).

Highlights of the Preussag Collection

Brunswick-Wolfenbüttel. Frederick Ulrich, 1613-1634. Löser of 10 reichsthaler 1634, Zellerfeld.
Courtesy Künker GmbH.

Lot 47
Brunswick-Wolfenbüttel. Frederick Ulrich, 1613-1634.
Löser of 10 reichsthaler 1634, Zellerfeld.
Very rare. Extremely fine
Estimate: 40,000 GBP (US$61,356)

Brunswick-Wolfenbüttel. August the Younger, 1635-1666. Löser of 10 reichsthaler 1638, Zellerfeld.
Courtesy Künker GmbH.

Lot 73
Brunswick-Wolfenbüttel. August the Younger, 1635-1666.
Löser of 10 reichsthaler 1638, Zellerfeld.
Extremely rare. Extremely fine
Estimate: 40,000 GBP (US$61,356)

Brunswick-Wolfenbüttel. Rudolph Augustus, 1666-1685. Löser of 4 reichsthaler 1679, Zellerfeld.
Courtesy Künker GmbH.

Lot 105
Brunswick-Wolfenbüttel. Rudolph Augustus, 1666-1685.
Löser of 4 reichsthaler 1679, Zellerfeld.
Extremely rare. Extremely fine to FDC
Estimate: 40,000 GBP (US$61,356)

Brunswick-Lüneburg-Celle. Christian, Bishop of Minden, 1611-1633. Löser of 10 reichsthaler 1625, Clausthal(?).
Courtesy Künker GmbH.

Lot 115
Brunswick-Lüneburg-Celle. Christian, Bishop of Minden, 1611-1633.
Löser of 10 reichsthaler 1625, Clausthal(?).
Extremely rare. Extremely fine
Estimate: 50,000 GBP ($76,695)

Brunswick-Lüneburg-Celle. Frederick, 1636-1648. Löser of 10 reichsthaler 1639, Clausthal.
Courtesy Künker GmbH.

Lot 130
Brunswick-Lüneburg-Celle. Frederick, 1636-1648.
Löser of 10 reichsthaler 1639, Clausthal.
Extremely rare. Extremely fine
Estimate: 60,000 GBP ($92,034)

Brandenburg in Franconia. Christian Ernest, 1655-1712. 2 ducats 1695, Bayreuth.
Courtesy Künker GmbH.

Lot 226
Brandenburg in Franconia. Christian Ernest, 1655-1712.
2 ducats 1695, Bayreuth.
Extremely rare. Extremely fine
Estimate: 20,000 GBP ($30,678)

Henneberg. Reichsthaler 1698, Ilmenau.
Courtesy Künker GmbH.

Lot 349
Henneberg.
Reichsthaler 1698, Ilmenau.
Nearly extremely fine
Estimate: 600 GBP ($920.34)

Cologne. Joseph Clemens of Bavaria, 1688-1702. 3 ducats 1696 (struck in 1698), Bonn.
Courtesy Künker GmbH.

Lot 370
Cologne. Joseph Clemens of Bavaria, 1688-1702.
3 ducats 1696 (struck in 1698), Bonn.
Extremely rare. Extremely fine
Estimate: 15,000 GBP ($23,008.50)

Trier. Reichsthaler 1616, Koblenz.
Courtesy Künker GmbH.

Lot 471
Trier.
Reichsthaler 1616, Koblenz.
Extremely rare. Nearly extremely fine
Estimate: 12,500 GBP ($19,173.75)

HRE. Ferdinand III, 1625-1637-1657. 10 ducats 1648.
Courtesy Künker GmbH.

Lot 485
HRE. Ferdinand III, 1625-1637-1657.
10 ducats 1648.
Extremely rare, probably unique. Extremely fine
Estimate: 100,000 GBP ($153,390)

Russia. Nicholas I, 1825-1855. 5 rouble 1832, St. Petersburg.
Courtesy Künker GmbH.

Lot 532
Russia. Nicholas I, 1825-1855.
5 rouble 1832, St. Petersburg.
Very rare. Good very fine
Estimate: 20,000 GBP ($30,678)

****

Sending Bids by Fax, Phone and Email

While online bidding is always available we also gladly accept your bids by:

Phone: +49 541 96202 0
Fax: +49 541 96202 22
Email: [email protected]

Please note

The likelihood of errors increases if we receive your bid only shortly before the auction. Therefore, we recommend sending in your bids as early as possible.

Best regards from Osnabrück,

Your Künker team
Did you know that you can buy direct from Künker GmbH? Check out their live store at MA-Shops.com

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