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Lima, Peru, cob 8 escudos, 1712M, choice specimen from the 1715 Fleet, ex-Frank Sedwick collection,
Currency:USD
Category:Coins & Paper Money / World Coins - World
Start Price:10,000.00 USD
Estimated At:15,000.00 - 30,000.00 USD
SOLD
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This item SOLD at 2010 Apr 08 @ 08:56UTC-4 : AST/EDT
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Lima, Peru, cob 8 escudos, 1712M, choice specimen from the 1715 Fleet, ex-Frank Sedwick collection, Practical Book of Cobs Plate Coin. S-L28; KM-38.2; CT-23. 26.8 grams. Frank Sedwick, known to Florida treasure fans as "Dr. Cobs," left a distinguished professorial career to become a full-time coin dealer in the 1980s, and soon carved his niche as the world's expert in cob coins, specializing in gold cobs from the 1715 Fleet. Literally thousands of gold cobs passed through his hands, and, like any self-respecting numismatist, naturally he kept some of the best specimens to study and photograph; but at some point the reason for their being off the market gravitated more toward collector's cupidity. Frank's collection remained intact even after his unexpected death in 1996. Now, however, with record prices at auction for coins inferior to Frank's "finest known" specimens, it made no sense to keep these gems off the market any longer. We are sure that Dr. Cobs would enjoy knowing that his coins are appreciated in every sense. This specific coin shows bold legends on a large, round flan, with particularly bold second date 712, choice full crown and pillars-and-waves and cross-lions-castles, lovely butter-yellow gold color faintly tinged with orange, fully Mint State and lustrous, maybe not the finest but certainly among the top five of this common date. From the 1715 Fleet, east coast of Florida, and pedigreed to the study collection of Frank Sedwick, with special photo-certificate, also Plate Coin in the second edition of The Practical Book of Cobs (1990).
Auction Location:
P.O Box 1964, Winter Park, Florida, 32790, United States
Previewing Details:
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Taxes:
| Tax | Rate | Desc. |
| FST6 |
6% |
Florida Sales Tax |
| FSTH |
6.5% |
Florida Sales Tax |
| FST7 |
7% |
Florida Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
15% |
Additional Fees:
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Daniel Frank Sedwick, LLC
PO BOX 1964
Winter Park, FL 32790
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TERMS AND CONDITIONS - Treasure Auction #7
1) Each lot will be sold to the highest bidder unless the reserve or starting price is not met. Bids may be submitted in person or by mail, telephone, fax, email, or live on the Internet until each lot is closed during the live session. All bids must be received before the auction session begins. Daniel Frank Sedwick, LLC (hereinafter referred to as the Auctioneer) or any of its employees individually cannot be responsible for errors in bidding or the loss or delay of any bids that do not reach us by the closing date and time, or for any technical glitches that prevent internet bids from being executed. All bids are in U.S. dollars.
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13) For any won lots that are sent to a Florida address, Florida sales tax (6% to 7.5%, depending on your county) will be added to all purchases of items that are NOT coins or bullion. Coins and bullion are also taxed if the total coin and/or bullion purchase is less than $500.
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15) This auction is conducted in accordance with the auction laws of the State of Florida. The licensed auctioneer is Daniel Frank Sedwick, AU#3635, AB#2592.
