Colombia 1769-PN J 2 escudos
This specimen is one of a series struck 1760-71 at the Popayán mint in Nueva Granada, now Colombia, during the reign of Charles III (1759-88). The Popayán mint used the old bust of Ferdinand VI until 1771, even tho the Bogotá mint was using a bust of Charles III after 1762. The two Colombian mints concentrated on issuing gold during this period; silver coinage prior to the 1810's is very rare. The first specimen was lot 1206 in Jean Elsen sale 85 (September 2005), where it sold for 400 euro. The second specimen was lot 1485 in the Eliasberg sale, where it sold for $517.50. The catalog description noted, "1769 J 2 escudos. Popayán mint. VF details (NCS). Types as above. Medium yellow gold, lightly polished, rim nick left of date. Purchased from Watkins Coin Company, July 1943."
Recorded mintage: unknown.
Specification: 6.77 g, .917 fine gold, .200 troy oz AGW. Eliasberg specimen: 6.71 grams, 24.00 mm diameter.
Catalog reference: KM 36.2, Fr-28.
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