Colombia 1913 5 pesos

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Sedwick sale 9, lot 396

This type was struck at Medellin 1913-19. It and the accompanying 2½ pesos were the first gold issues from Colombia since 1886. The SCWC divides the issue into two subtypes, KM 195.1 with coin rotation and KM 195.2 with medal rotation. The medal rotation seems to be slightly more common. This specimen was lot 396 in Sedwick sale 9 (Fort Lauderdale, FL, April 2011), where it sold for $546.25. The catalog description[1] noted, "Medellin, Colombia, 5 pesos, 1913, encapsulated NGC MS-64. 'Stonecutter' (minero). Lustrous and pretty but typically low relief, finest known specimen graded by NGC. According to Restrepo, the 1913's were actually struck in 1914. Sedwick says on page 59: 'The design of the minero...tended to wear badly, with the result that it is not easy to find a 5-pesos minero (or 2-1/2 pesos minero) in better condition than VF. Fully struck, choice Uncirculated minero specimens, especially if they have retained their edges, should bring a premium.' This specimen is clearly one of the premium coins he was referring to. Dr. Frank Sedwick collection of Colombian Republic gold coins."

Recorded mintage: 17,000.

Specification: 7.99 g, .917 fine gold, .235 troy oz AGW (same standard as the British sovereign).

Catalog reference: Sedwick-51. Restrepo-453. KM-195.1.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • 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.
  • Restrepo, Jorge Emilio, Monedas de Colombia, 1619-2006, Medellin, Colombia: Impresiones Rojo, 2006.
  • [1]Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #9, Winter Park, FL: Daniel Frank Sedwick, LLC, 2011.

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