Colombia 1834-P FM 8 escudos

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from the Stack's Bowers 2018 NYINC sale, lot 12137
Colombia SB118-12137r.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. Assayer FM is recorded for 1816-30 but not 1834. This specimen was lot 12137 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $1,800. The catalog description[1] noted, "COLOMBIA. 1834-FM 8 Escudos. Popayán mint. AU Detail — Planchet Flaw (PCGS). A broad frame of denticles surrounds both sides, with bright luster seen in protected areas of the obverse and across the somewhat reflective reverse. The surfaces show light yellow gold color, very appealing despite a strike that has left the centers a bit soft. On the reverse, a natural planchet depression was not fully struck out, and a flat lamination is present behind the obverse portrait. The overall technical quality and visual appeal remain excellent. Restrepo rates this date scarce. From the Eldorado Collection of Colombian and Ecuadorian Coins. From Ponterio and Associates' sale of March 1992, lot 415."

Recorded mintage: unknown but a better date.

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

Catalog reference: Restrepo M166.37, KM-82.2, Fr-68.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • 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.

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