Colombia 1870-P 10 pesos

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from the Stack's Bowers 2018 NYINC sale, lot 12250
Colombia SB118-12250r.jpg

This specimen was lot 12250 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $10,200. The catalog description[1] noted, "COLOMBIA. 1870 10 Pesos. Popayán mint. AU-55 (PCGS). Missing from Norweb, Eliasberg, Sedwick, and other name collections, this is one of the highlight rarities of the series. Frank Sedwick left it unpriced and called it RRRR, and Restrepo likewise calls the date "rare." It's difficult to imagine a nicer example at this grade. The obverse retains reflective luster at the perimeter, framing light yellow gold surfaces. A bold die crack extends from left of the first U in UNIDOS to the forehead. The reverse is fully reflective and lustrous, with attractive splashes of coppery toning. Both obverse and reverse dies match the Restrepo plate coin. An exciting opportunity for advanced collectors of this series. From the Eldorado Collection of Colombian and Ecuadorian Coins. From A. Alessandrini, February 1982." This type was struck at Bogotá (Fr-102) 1862-66, Medellin (Fr-104) 1864-71 and Popayan (shown here) 1863-70. While not cheap, it is considerably more available than the five pesos.

Recorded mintage: 7,786.

Specification: 16.13 g, .900 fine gold.

Catalog reference: Restrepo M332.8, KM 141.2, Fr-102.

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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