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Daniel Frank Sedwick, LLC
Treasure Auction 19  18-19 May 2016
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Lot 1299

Starting price: 7000 USD
Price realized: 7000 USD
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Colombia, 2 reales "chipi-chipi," 1819JF, struck over a Venezuelan imitation-cob 2 reales dated "471," very rare, encapsulated NGC F 15, with WINGS gold sticker, ex-Leo Mooy. An exciting Revolutionary War type issued under the direct authority of Simon Bolivar, apparently not listed by KM, and the first example of this type we have handled. The original flan was very carefully clipped down from 6 to about 4 grams to provide additional silver for striking much-needed provisional coinage, and the clipping on this specimen was very well executed in that enough room was left to show the new coin's all-important legends and date, with full LIBERTAD AMERICANA 1819 is visible and the entire NUEVA GRANADA . 2R. J. F. (In contrast, an example sold at auction in September 2011 for $8,625 lacked so much of the legends that the only words visible were AMERICANA 1819 and NADA [pun intended?] 2R J.) The central area of the host is quite clear: Visible alongside the Indian bust of the overstrike is the host's denomination 2, with V-SVL of the motto and left pillar also in evidence as well as the date "471," with the reverse showing the host's cross and one lion around the pomegranate overstrike. While this piece clearly circulated (although perhaps not as much as the slab grade would indicate), it is totally unmarked and unflawed, and its toning is natural, light and attractive. The pedigree is not certain but appears to be linked to the Pena collection from the late 19th century. Acquired from Leo Mooy of Caracas.

Estimate: $7000 - 14000
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