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Daniel Frank Sedwick, LLC
Treasure Auction 22  2-3 Nov 2017
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Lot 824

Starting price: 3500 USD
Price realized: 3600 USD
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Bogota, Colombia, 1 peso, 1858, encapsulated NGC MS 63. Restrepo-198.9; KM-118. Finest known in NGC census by FOUR GRADES, an important condition rarity, virtually impossible to duplicate, and thus a trophy coin for the serious collector of either Colombia or Latin American crowns in general. One of only two coins of the entire four-year type graded Mint State by either NGC or PCGS. The other (1855 NGC MS 65) sold in the 2014 Lissner sale (lot 1471) for over $10,000 with buyer's fee. As a type, even rarer in Mint State than the "Confederacion Granadina" peso that followed (KM-126), the best of which is probably an MS 63 that brought $6400+ in Heritage's January 2015 auction. Well struck, with no significant planchet or striking flaws, nearly full strike in center of shield and on condor's head, all covered in a thin layer of multicolored iridescent toning exhibiting cartwheel luster when brightly illuminated. NGC #2806790-021.
($3500-5000)
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