Colombia 1789-P SF 8 escudos Fr-36

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from the Stack's Bowers 2018 NYINC sale, lot 11218
Colombia SB118-11218r.jpg

This specimen was lot 11218 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $2,520. The catalog description[1] noted, "COLOMBIA. 1789/8-SF 8 Escudos. Popayán mint. Carlos III (1759-1788). AU-58 (PCGS). The 1789 8 Escudos of Popayán struck in the name of Carlos III are very scarce, and in this high grade they are significant rarities. This example is well centered, well struck, and thoroughly lustrous. Both sides are bright light yellow gold, with considerable reflectivity on the reverse. Only light handling is seen on the obverse, and scrutiny finds no noteworthy defects. Quite likely unimproveable. From the Eldorado Collection of Colombian and Ecuadorian Coins. From Hans M.F. Schulman's sale of December 1969, lot 1537." This "standard bust" eight escudos, struck 1785-89, superseded the "rat nose" bust used at Bogotá 1762-71. The Popayán mint also adopted the new bust, dropping the old bust of the prior king, Ferdinand VI, used until 1771. The type marked a debasement from .901 fine to .875 fine gold.

Recorded mintage: unknown.

Specification: 27.07 g, .875 fine gold, .761 troy oz AGW.

Catalog reference: KM 50.2a, Fr-36, Restrepo M73.42.

Source:

  • [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.
  • 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.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • 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.

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