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Daniel Frank Sedwick, LLC
Treasure Auction 20  12-14 Nov 2016
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Lot 48

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Starting Price: 20 000 USD
Price realized: 20 000 USD

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Bogota, Colombia, cob 8 escudos, 1744S, E-S to right (8-F to left), very rare, encapsulated NGC XF 45, finest and only specimen in NGC census, Restrepo Plate Coin. Restrepo-M84.4; S-B27; KM-24; CT-146. 26.93 grams. Royal-like specimen on a broad flan with 100% full and bold date and king's name in legend (the rest of the peripheries flat), nice full shield and cross, elegant toning on fields, one of just a handful of full-date specimens from this mint that seem to have been intended as presentation pieces, so great is the contrast between them and the regular issues with only partially or non-visible dates. Restrepo's theory for the apparent E (not F) to right is that it is the counterpart to the 8 on the left, making it 8-E for 8 escudos. As a type, this Philip V issue is much tougher than the Ferdinand VI type that followed. Pedigreed to the Ponterio auction of January 2004, lot #548, also Plate Coin in Coins of Colombia (4th ed, 2012), by Restrepo. ($20000-30000)
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