256
Popayan, Colombia, 8 escudos, 1838UR, encapsulated NGC XF-45, possibly unique.
Currency:USD
Category:Coins & Paper Money / Dr. Frank Sedwick Collection of Colombian Coins
Start Price:12,000.00 USD
Estimated At:15,000.00 - 20,000.00 USD
NOT SOLD (BIDDING OVER)
0.00USD
This item WAS NOT SOLD. Auction date was 2011 Apr 26 @ 17:00UTC-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). By bidding in this auction you understand and agree to the Terms and Conditions posted here.
Popayan, Colombia, 8 escudos, 1838UR, encapsulated NGC XF-45, possibly unique. Sedwick-7. Restrepo-unlisted (cf. 166). KM-82.2. Truly for the advanced numismatic scholar, with notable differences from the rest of the series, particularly the bust, which resembles that of the popular Ecuador 8 escudos that began in the same year (also with the letters of POPAYAN more haphazardly spaced), in a tolerable grade with no problems. The wear on this coin, in fact, as well as its elegant old toning, is somewhat comforting, as it serves to authenticate the piece in the absence of any other specimens to compare with. Naturally it is RRRR in Sedwick and Rare in KM, not even mentioned in Restrepo, and Frank made it clear that no other pieces were ever recorded, at auction or elsewhere. Therefore it is impossible to accurately estimate its value, but we do know that in 1983 Frank turned down an offer of $10,000 for this piece. We could not even find a similar XF 1838 8 escudos from Ecuador to compare with (KM says $8,000), but note that the Eliasberg specimen in AU-55 realized $39,100. It remains to be seen if the present coin will appeal more to collectors of Ecuador than of Colombia (for Ecuador in fact was originally part of Colombia, and some of its smaller gold coins up through 1835 actually say EL ECUADOR EN COLOMBIA), but in theory both camps should have a strong interest. We just hope the new owner will be able to further the research and determine exactly why this coin exists at all. Stack's 6/77. 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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