Colombia 1874-P 20 pesos

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from the Stack's Bowers 2018 NYINC sale, lot 12298
Colombia SB118-12298r.jpg

This specimen was lot 12298 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $7,800. The catalog description[1] noted, "High Grade 1874/3 Popayán 20 Pesos. COLOMBIA. 1874/3 20 Pesos. Popayán mint. MS-63 (PCGS). A frosty delight, with exceptional luster across rich medium yellow gold surfaces. Well struck from crude dies, showing significant die rust across the obverse and some raised artifacts on the reverse as well. An exciting specimen and a great rarity in this grade. A specimen in the 1954 King Farouk sale was deemed important enough to sell in a one-coin lot, cataloged as "unusually fine, rare." We wonder if this is the same piece. From the Eldorado Collection of Colombian and Ecuadorian Coins." This type was struck at Bogotá 1862-77, Medellin 1867-72 and Popayán 1863-78. Despite the steady issue, the type is rare and expensive. This overdate is accompanied by a plain date.

Recorded mintage: 5,352.

Specification: 32.26 g, .900 fine gold, .933 troy oz AGW.

Catalog reference: Restrepo M339.11, KM 142.3, Fr-100.

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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