Bolivia 1839-PTS LM 1/2 scudo

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Eliasberg lot 1066
Bolivia 1839PTS half escudo rev Eliasberg 1066.jpg
Goldberg sale 69, lot 3760
Bolivia 1839 medio escudo rev Goldberg 69-3760.jpg

The first specimen was lot 1066 in the Eliasberg sale, where it sold for $920. The catalog description[1] noted, "1839 LM 1/2 escudo. Potosi mint. MS-63 (NGC). Types as above. Lustrous deep orange gold, very attractive. A scarce denomination. From the John H. Clapp Collection; Clapp estate to Louis E. Eliasberg, Sr., 1942." The second specimen was lot 3760 in Goldberg sale 69 (Los Angeles, May, 2012), where it did not sell. The catalog description [2] noted, "Bolivia. ½ Scudo, 1839. Uniformed bust of Bolivar. Reverse: Arms. Sharply struck and lustrous. PCGS graded AU-58."

While silver coins from Bolivia exist in vast quantities, gold from Bolivia is scarce. For the colonial period, Colombia may be regarded as the most prolific issuer, followed by Mexico, followed by Peru. Bolivia, Chile and Guatemala are minor sources. This type was struck 1834 and 1838-40 and is seldom seen, despite the low catalog value.

Recorded mintage: unknown.

Specification: 1.70 g, .875 fine gold, .048 troy oz AGW; this specimen: 1.69 grams, 13.20 mm diameter.

Catalog reference: KM 100, Fr-25.

Source:

  • [1]Kraljevich, John, John Pack, Elizabeth O. Piper and Frank Van Valen, The Louis E. Eliasberg, Sr., Collection of World Gold Coins and Medals, Wolfboro, NH: American Numismatic Rarities, 2005.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [2]Goldberg, Ira, Larry Goldberg, Stephen Harvey and Paul Rynearson, Goldberg sale 69: the Pre-Long Beach Auction, Ancient and World Coins, Los Angeles: Goldberg Coins and Collectibles, 2012.

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