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Popayan, Colombia, bust 8 reales, Ferdinand VII (bust of Charles IV), 1820 MF, extremely rare, NGC F

Currency:USD Category:Coins & Paper Money / World Coins - World (A-G) Start Price:5,000.00 USD Estimated At:5,000.00 - 10,000.00 USD
Popayan, Colombia, bust 8 reales, Ferdinand VII (bust of Charles IV), 1820 MF, extremely rare, NGC F
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This item SOLD at 2023 Nov 03 @ 11:20UTC-4 : AST/EDT
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Popayan, Colombia, bust 8 reales, Ferdinand VII (bust of Charles IV), 1820 MF, extremely rare, NGC Fine details / holed, finest and only example in NGC census, Restrepo Plate Coin. Restrepo-120.12; Cal-1370; KM-71. The key date of this series (which represent the only bust-type "dollars" of Colombia), in fact far rarer than any of the other confirmed dates. Only four examples are known or reported: this coin (traceable to the ANE auction of March 1975); the Armengol specimen (number 874 in Herrera's El Duro from 1914); the Eldorado specimen (plugged); and a Brazilian-countermarked example in Sao Paolo. All show some kind of overdate in the penultimate digit, which Restrepo and others used to call 2/1 but now is cataloged as plain 2, as we see on the NGC label here. Another aspect of at least two of the known 1820s is an off-center obverse (also slightly bulging and centrally weak), reminiscent of the 1822 Pasto 2-reales issues, in this case making it so that an unfortunate hole near the edge goes through the top of Charles' head like an assassin's kill shot. Despite that, all the details are clear and full and graced with a nice light toning. A unique opportunity for the complete Latin American crown collector. Pedigreed to the Gregorio Toulemonde Collection (stated on label) and the Cayon auction of December 2008 (lot 2286), Plate Coin on page 137 of Restrepo's Coins of Colombia (2012). NOTE: DO NOT CONFUSE THIS GENUINE ISSUE WITH A COUNTERFEIT ISSUE SHOWING ASSAYER MF.
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