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1609 Spanish Gold ‘Centen’ Sells for Record 2.82 Million Swiss Francs in Geneva

Minted for King Philip III from New World gold, the 339-gram piece attracted bidders across the U.S., Europe, Middle East.

Overview

  • The Centen (100 escudos) realized 2,817,500 Swiss francs at a Monday sale, surpassing the previous European coin record of 1.95 million francs.
  • Numismatica Genevensis SA auctioned the coin after setting a starting price of 2 million francs.
  • Auction materials describe the piece as unique and the largest coin in modern European history.
  • Struck in Segovia in 1609 from gold brought from the Americas, the coin was characterized by the auction house as a royal gift signaling power and wealth.
  • Provenance cited includes a mid-20th-century resurfacing in the United States, subsequent ownership by a New York collector and a Spanish buyer, and later transfer to an undisclosed private collector.