Colombia 1862-M 5 pesos

From CoinFactsWiki
Jump to: navigation, search
from the Stack's Bowers 2018 NYINC sale, lot 12188
Colombia SB118-12188r.jpg
This specimen was lot 12188 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $28,800. The catalog description[1] noted,
"Unique 1862 Medellín 5 Pesos. The Only Known Specimen. COLOMBIA. 1862-M 5 Pesos. Medellín mint. AU-58 (PCGS). As described by Frank Sedwick, this issue was "unknown until Stack's auction of September 16, 1982, and no other specimen has appeared since then." This is thus the plate coin in every reference that illustrates a specimen, including Sedwick, Restrepo, and the Krause-Mishler catalogs. Its surfaces are attractive medium yellow gold with good frost and abundant luster, richest at the rims. Scattered tiny marks are seen, none serious, though a rim abrasion at 1:00 on the obverse is noted. The reeding is fairly soft and crude, as is the planchet, which shows an oval lamination at the base of the first S in PESOS and another outside the border beading below L of LEI. The strike is bold, and all details are clear. Of the highest rarity and importance, coined as part of the first gold emission of the mint at Medellín. From the Eldorado Collection of Colombian and Ecuadorian Coins. From Stack's sale of the Mortimer Hammel Collection, September 1982, lot 772."
Another rare one year type.

Recorded mintage: unknown.

Specification: 8.06 g, .900 fine gold, .233 troy oz AGW.

Catalog reference: Restrepo M233.1, KM 136, Fr-91.

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.

Link to: