LOT / Treasure, World Coin & Paper Money Auction 40 / COLOMBIA, Bogotá, gold bust 8 escudos, Char...

958

COLOMBIA, Bogotá, gold bust 8 escudos, Charles III ("rat nose" bust), 1769 JV, extremely rare, NGC M

Currency:USD Category:Coins & Paper Money / World Coins By Country Start Price:20,000.00 USD Estimated At:25,000.00 - 50,000.00 USD

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COLOMBIA, Bogotá, gold bust 8 escudos, Charles III ("rat nose" bust), 1769 JV, extremely rare, NGC MS 62, finest known in NGC census, ex-Eldorado. Restrepo M71.14; Cal-2090; KM-41. 26.96 grams. Exceptionally lustrous, with choice full portrait details and clear JV assayer initials, as opposed to the relatively less rare single-assayer V for this year, the surfaces so pristine that the fields exhibit original die-polish lines, albeit with a few wispy surface hairlines that do not detract from the strong original luster or overall freshness of the coin, the rims only slightly incomplete due to trivial centering issues.

The presence of die cracks in the legends combined with faint die buckling, yet with fresh die-polish lines, suggests that the dies failed relatively early in their working life. It is quite possible that only a very limited number of 8 escudos were struck before the dies were discontinued and replaced with the single-assayer successor (which is also characterized by oversized digits 69 in the date), possibly explaining the extreme rarity of this JV variety.

In any case, the 1769 JV is one of the great rarities of the Nuevo Reino 8 escudos series. Restrepo recorded only two examples, while Calicó (in La Onza) described the issue as “only a few specimens known,” and an earlier specialist auction catalog characterized it as “rarísima.” We can trace five examples, of which three are in the NGC census (and none at PCGS): the present coin in MS 62, a second in AU 55, and a third in AU details. Pedigreed to the Numismatica Ars Classica auction of March 2002 (lot 277) and to the Eldorado Collection (Stack's Bowers auction of January 2018, lot 11168). Missing in most collections.
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Taxes:

Tax	Rate	Desc.
FSTA	6.75%	Florida Sales Tax - Alachua
FSTB	7%	Florida Sales Tax - Baker
FSTB	6%	Florida Sales Tax - Bay
FSTB	7%	Florida Sales Tax - Bradford
FSTB	6%	Florida Sales Tax - Brevard
FSTB	6%	Florida Sales Tax - Broward
FSTC	7.5%	Florida Sales Tax - Calhoun
FSTC	7%	Florida Sales Tax - Charlotte
FSTC	6%	Florida Sales Tax - Citrus
FSTC	7%	Florida Sales Tax - Clay
FSTC	6%	Florida Sales Tax - Collier
FSTC	7%	Florida Sales Tax - Columbia
FSTD	7%	Florida Sales Tax - De Soto
FSTD	7%	Florida Sales Tax - Dixie
FSTD	7%	Florida Sales Tax - Duval
FSTE	7.5%	Florida Sales Tax - Escambia
FSTF	7%	Florida Sales Tax - Flagler
FSTF	7%	Florida Sales Tax - Franklin
FSTG	7.5%	Florida Sales Tax - Gadsden
FSTG	7%	Florida Sales Tax - Gilchrist
FSTG	7%	Florida Sales Tax - Glades
FSTG	7%	Florida Sales Tax - Gulf
FSTH	7%	Florida Sales Tax - Hamilton
FSTH	7%	Florida Sales Tax - Hardee
FSTH	7%	Florida Sales Tax - Hendry
FSTH	6.5%	Florida Sales Tax - Hernando
FSTH	7%	Florida Sales Tax - Highlands
FSTH	7%	Florida Sales Tax - Hillsborough
FSTH	7%	Florida Sales Tax - Holmes
FSTI	7%	Florida Sales Tax - Indian River
FSTJ	7.5%	Florida Sales Tax - Jackson
FSTJ	7%	Florida Sales Tax - Jefferson
FSTJ	7%	Florida Sales Tax - Lafayette
FSTL	7%	Florida Sales Tax - Lake
FSTL	6%	Florida Sales Tax - Lee
FSTL	7.5%	Florida Sales Tax - Leon
FSTL	7%	Florida Sales Tax - Levy
FSTL	7%	Florida Sales Tax - Liberty
FSTM	7.5%	Florida Sales Tax - Madison
FSTM	6.5%	Florida Sales Tax - Manatee
FSTM	6.5%	Florida Sales Tax - Marion
FSTM	6.5%	Florida Sales Tax - Martin
FSTM	7%	Florida Sales Tax - Miami-Dade
FSTM	7.5%	Florida Sales Tax - Monroe
FSTN	7%	Florida Sales Tax - Nassau
FSTO	6%	Florida Sales Tax - Okaloosa
FSTO	7%	Florida Sales Tax - Okeechobee
FSTO	6.5%	Florida Sales Tax - Orange
FSTO	7%	Florida Sales Tax - Osceola
FSTP	6.5%	Florida Sales Tax - Palm Beach
FSTP	7%	Florida Sales Tax - Pasco
FSTP	7%	Florida Sales Tax - Pinellas
FSTP	7%	Florida Sales Tax - Polk
FSTP	7%	Florida Sales Tax - Putnam
FSTS	6%	Florida Sales Tax - Saint Johns
FSTS	7%	Florida Sales Tax - Santa Rosa
FSTS	7%	Florida Sales Tax - Seminole
FSTS	7%	Florida Sales Tax - Sumter
FSTS	7%	Florida Sales Tax - Suwannee
FSTT	7%	Florida Sales Tax - Taylor
FSTU	7%	Florida Sales Tax - Union
FSTV	6.5%	Florida Sales Tax - Volusia
FSTW	7%	Florida Sales Tax - Wakulla
FSTW	7%	Florida Sales Tax - Walton
FSTW	7%	Florida Sales Tax - Washington

Buyer's Premiums:

From (Incl.)	To (Excl.)	Premium
0.00	Infinite	22%

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This lot is part of the auction: Treasure, World Coin & Paper Money Auction 40 Back To Catalog Listing

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From (Incl.)	To (Excl.)	Increment
0.00	50.00	2.00
50.00	100.00	5.00
100.00	200.00	10.00
200.00	300.00	20.00
300.00	500.00	25.00
500.00	1,000.00	50.00
1,000.00	2,000.00	100.00
2,000.00	3,000.00	200.00
3,000.00	5,000.00	250.00
5,000.00	10,000.00	500.00
10,000.00	20,000.00	1,000.00
20,000.00	30,000.00	2,000.00
30,000.00	50,000.00	2,500.00
50,000.00	100,000.00	5,000.00
100,000.00	200,000.00	10,000.00
200,000.00	300,000.00	20,000.00
300,000.00	500,000.00	25,000.00
500,000.00	Infinite	50,000.00

LOT / Treasure, World Coin & Paper Money Auction 40 / COLOMBIA, Bogotá, gold bust 8 escudos, Char...

COLOMBIA, Bogotá, gold bust 8 escudos, Charles III ("rat nose" bust), 1769 JV, extremely rare, NGC M

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