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English Section

Historic Polish coin sold in New York for $900,000

17.01.2022 22:00
A unique Polish gold coin has been sold at an auction in New York for USD 900,000, five times the starting price of USD 180,000.
A monument in honour of King Sigismund III Vasa in front of the Royal Castle in Warsaw.
A monument in honour of King Sigismund III Vasa in front of the Royal Castle in Warsaw.Photo: Wojciech Strozyk/Alamy Stock Photo via PAP

Known as an 80 Ducats coin, the item has been described by Stack's Bowers Galleries as “an exceptional Polish beauty."

The name of the buyer has not been disclosed.

The coin was minted at the Royal Mint in the Polish city of Bydgoszcz in 1621 to commemorate the nation's victory over the Turkish army at the Battle of Khotyn earlier that year.

It features on the front a portrait of Polish King Sigismund III Vasa, who ruled from 1587 to 1632. The king is depicted without a crown and with a shoulder plate adorned with a lion's head. The reverse side features the crowned coat-of-arms of the Republic of Poland of the time.

The Battle of Khotyn, or Chocim, was waged from September 2 to October 9, 1621 between a Polish-Lithuanian army and an invading Ottoman imperial army.

In 2018, Stack's Bowers Galleries, which is one of the world’s top rare coin auction firms, sold a 100 Ducats coin from the Bydgoszcz mint for USD 1.8 million.

(mk/gs)