Colombia 1830-P FM 8 escudos

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photo courtesy Daniel F. Sedwick, LLC
from the Stack's Bowers 2018 NYINC sale, lot 12127
Colombia SB118-12127r.jpg

This type was struck 1822-38 at Popayán and Bogotá. This type is one of the commonest gold coins of South America but the recent rise in the price of gold has made this coin expensive. The first specimen was lot 248 in Sedwick sale 9 (Winter Park, FL, April 2011), where it sold for $5,579.80. The catalog description[1] noted, "Popayán, Colombia, 8 escudos, 1830FM, encapsulated NGC VF-30, rare. Noticeably worn but emboldened by contrasting sediment and toning around details, and notably the rarer assayer for this date (RRR in Sedwick and $2000 in VF in Restrepo). Dr. Frank Sedwick collection of Colombian Republic gold coins." The second specimen was lot 12127 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $7,800. The catalog description[2] noted, "COLOMBIA. 1830-FW 8 Escudos. Popayán mint. AU-58 (PCGS). Inverted M in assayer. Very attractive light yellow gold with essentially full luster on both sides. The strike is aligned to the upper right of the obverse, lower right of the reverse, with broader denticles on the opposite rim. Nicely detailed and choice in appearance, with only a couple tiny rim abrasions noted over CO of COLOMBIA. This elusive variety is called scarce in Restrepo and RRR in Frank Sedwick's The Gold Coinage of Gran Colombia. From the Eldorado Collection of Colombian and Ecuadorian Coins. From Manfra, Tordella, and Brookes, August 1982."

Recorded mintage: unknown.

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

Catalog reference: Sedwick-7. Restrepo-166. KM-82.2, Restrepo M166.26 (second specimen).

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • 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.
  • Restrepo, Jorge Emilio, Monedas de Colombia, 1619-2006, Medellin, Colombia: Impresiones Rojo, 2006.
  • [1]Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #9, Winter Park, FL: Daniel Frank Sedwick, LLC, 2011.
  • [2]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.

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