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Descrizione : [ British Coins ] Charles II, Five Guineas, 1668, elephant below first laureate bust right, pointed truncation, long hair extending down, carolvs.ii. dei.gratia toothed border both sides, rev. inverted die axis, crowned cruciform shields, eight strings to Irish harp, sceptres in angles, interlinked C's in centre, date at top, .mag. br. fra. et.hib. rex. edge upright inscription in raised letters +. decvs . et . tvtamen .. anno. regni. vicesimo. (Schneider -, MCE.2, S.3329) attractively toned, light surface marks and a couple of rim digs, nearly extremely fine with underlying brillianceIn 1663 Charles II sold the control of African trade to The Company of Royal Adventurers of England Trading in Africa. The Company failed later in that decade but re-emerged under the guise of the Royal African Company in 1672. Supported by substantial investment by the Charles II himself, the Company was primarily concerned in the trade of slaves and gold dust from the Asante people of what was then known as Guinea, located on the West African coast. The provenance marks of the elephant and the elephant and castle (found on the Royal African Company coat of arms) located below the monarch's bust denote that the bullion for the coin was supplied to the Mint by these African trading operations.
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