Colombia 1627-NR T 4 reales

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from the Stack's Bowers 2018 NYINC sale, lot 11052
Colombia SB118-11052r.jpg
This specimen was lot 11052 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $2,880. The catalog description[1] noted,
"Restrepo Plate 1627 Assayer T 4 Reales. Unique, From the Hubbard Hoard. COLOMBIA. 1627-T 4 Reales. Santa Fe de Nuevo Reino (Bogotá) mint. Philip IV (1621-1665). VF Detail — Devices Engraved (PCGS). The only known coin struck by Assayer T, thought to be none other than the founder of the Santa Fe mint, Alonso Turrillo. Sedwick's Practical Book of Cobs mentions this precise coin: "T. 1627 (?). Probably Alonso Turrillo himself, acting as an interim assayer prior to the arrival of Pinto (B4 below). Only a single specimen (4 Reales) has been found so far with this assayer mark, and its date is believed to be 1627." This is that coin, published in 1958 but unseen since. The T assayer mark is crisp and bold to the right of the shield, beneath the IIII denomination. The date is also clear, on the right side of the reverse, with 162 perfectly legible and the final 7 somewhat obscured by a planchet void but still clear under magnification. PHILLIPPV is clear, and the color and metal quality is superb on both sides. The PCGS mention of "Devices Engraved" refers to one end of the cross on the reverse which has been re-engraved. This coin appears to be the only survivor from the very first issue of 4 Reales struck in Bogotá, signed by the founder of the Santa Fe and Cartagena mints. Few 4 Reales coined in what became Colombia could be considered more historically important. Its aesthetic appeal and overall quality serve to magnify its interest. From the Eldorado Collection of Colombian and Ecuadorian Coins. From a hoard discovered by Clyde Hubbard in Medellín in the 1950s and subsequently published by Robert I. Nesmith. Plated in Nesmith's "A Hoard of the First Silver Coins of Nuevo Reino de Granada (Colombia)," 1958, coin #2, illustrated on plate XXIX and in a line drawing on p. 516."
Assayer P is also listed for 1627. The type struck 1627-31, 1643-51 along with undated examples.

Recorded mintage: unknown.

Specification: 13.54 g, .931 fine silver, .405 troy oz ASW, this specimen 13.65 grams.

Catalog reference: Restrepo M35.2, KM 2.2.

Sources:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón9-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • Restrepo, Jorge Emilio, Monedas de Colombia, 1619-2006, Medellin, Colombia, Impresiones Rojo: 2006.
  • [1]Ponterio, Richard, Kyle Ponterio, John Kraljevich and Cris Chatigny, The January 2018 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Eldorado Collection of Colombian and Ecuadorian Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.

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