Colombia 1850-B 16 pesos

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from the Stack's Bowers 2018 NYINC sale, lot 12176
Colombia SB118-12176r.jpg

This specimen was lot 12176 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $21,600. The catalog description[1] noted, "COLOMBIA. 1850 16 Pesos. Bogotá mint. MS-62 (PCGS). An extraordinary coin, the only specimen of the entire type to be certified in Mint State by PCGS. This piece brought an astounding $6,000 in the 1982 Hammel sale. The only examples sold recently, the 2011 Frank Sedwick specimen and the 2004 Morris Geiger coin, were both EF with rim damage. Norweb lacked this date entirely. This piece is fully lustrous, toned in dramatic deep orange, with outstanding visual appeal. A little lamination is noted on the cheek, but otherwise both fields and devices are free of serious blemishes. An important high grade type coin and a rarity even within the context of this rare series. From the Eldorado Collection of Colombian and Ecuadorian Coins. From Superior Galleries' sale of December 1993, lot 656." This type, struck at Bogotá 1848-53, is rare, unlike the earlier 16 pesos (Fr-74) of 1837-49.

Recorded mintage: unknown.

Specification: 25.81 g, .900 fine gold, .746 troy oz AGW.

Catalog reference: Restrepo M213.3, KM 100, Fr-78.


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.
  • 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.

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