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Cartagena, Colombia, cob 2 escudos, 162(2) SF, posthumous Philip III, from the Santa Margarita (1622

Currency:USD Category:Coins & Paper Money / World Coins - World Start Price:12,250.00 USD Estimated At:15,000.00 - 25,000.00 USD
Cartagena, Colombia, cob 2 escudos, 162(2) SF, posthumous Philip III, from the Santa Margarita (1622
SOLD
12,500.00USD+ (2,250.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2009 Oct 21 @ 12:22UTC-4 : AST/EDT
All items are genuine unless noted. Most shipwreck coins and artifacts come with a certificate of authenticity (please check the description for each item.

Buyer's fee
18% with Credit or Paypal
15% with check and wire transfer.


Cartagena, Colombia, cob 2 escudos, 162(2) SF, posthumous Philip III, from the Santa Margarita (1622). S-C5, KM-4.3, CT-16. 6.7 grams. Highly touted as "the first gold coin struck in the Americas," this 1622 issue shows a mysterious SF mintmark without an assayer, as the die was engraved in Spain before the assayer was known (another, less popular theory being that the F is a broken-E assayer-mark), which is also why the legend indicates Philip III, who died in 1621. This specimen (one of only 7 known) shows a nice full shield and SF and bold king's name and clear ordinal III, but the date is mostly off the edge, and the cross and part of the shield are plagued by areas of flatness (otherwise UNC), the non-flat parts nevertheless bold and graced with dark, contrasting sediment. Also desirable for its provenance and early certificate (in fact probably the first specimen ever found, but not known to numismatists until 2008). From the Santa Margarita (1622), with Fisher photo-certificate #178-M-80, and pedigreed to our Treasure Auction #3, lot #23.