367
Medellin, Colombia, 10 pesos, 1886/74, encapsulated NGC AU-53, extremely rare, finest known.
Currency:USD
Category:Coins & Paper Money / Dr. Frank Sedwick Collection of Colombian Coins
Start Price:15,000.00 USD
Estimated At:15,000.00 - 20,000.00 USD
SOLD
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This item SOLD at 2011 Apr 26 @ 21:33UTC-4 : AST/EDT
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All items are genuine unless noted. Most shipwreck coins and artifacts come with a certificate of authenticity (please check the description for each item). By bidding in this auction you understand and agree to the Terms and Conditions posted here.
Medellin, Colombia, 10 pesos, 1886/74, encapsulated NGC AU-53, extremely rare, finest known. Sedwick-42. Restrepo-335. KM-141.2.a. Choice specimen, slightly softly struck but practically no wear, indisputably the finest known and the only specimen ever graded by NGC. This is the crowning glory of the 1885-6 triumvirate (2, 5, and 10 pesos) struck in .666 gold (the stated fineness punched over .900), as decreed in 1885 by President Núñez during a financial crisis begun around 1880. Unlike the two smaller pieces, which are reeded, this 10 pesos bears incuse lettering DIOS . LEI . LIBERTAD on the edge. Also the relative axes are rotated about 30 degrees. Sedwick estimated that only three or four examples existed (Restrepo says two known), which may or may not include a scratched VF that sold in Goldberg in 2007 for $14,000. Frank bought the present specimen in the March 31, 1981, auction by Freeman Craig, who described it as possibly unique, unflawed, and worth about $15,000. A much higher price now is certainly conceivable, especially if the buyer wishes to preserve the three-coin set as Frank did, a feat he felt might never be repeated. Freeman Craig 3/81, and prior to that, José Méndez. Dr. Frank Sedwick collection of Colombian Republic gold coins
Auction Location:
P.O Box 1964, Winter Park, Florida, 32790, United States
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
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TERMS AND CONDITIONS - Treasure Auction #9
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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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.
