Stack's Bowers & Ponterio
January 2018 NYINC Auction 11-13 Jan 2018
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COLOMBIA. (1627-28)-P 8 Reales. Santa Fe de Nuevo Reino (Bogotá) mint. Philip IV (1621-1665). Restrepo M44.6. VF-30 (PCGS).
26.82 grams. A sharply defined and very attractive example of this early 8 Reales type, a coin that has an incomparable provenance. The shield is well defined but for a small area of softness in the middle of its lower portion. The N/R/P mintmark and assayer initial on the left side of the shield is perfectly struck, and the denomination VIII on the right is also plain. The cross is ideally rendered, as are both castles and the lion in the lower right quadrant. 16 of the date is crisp, as are other design elements. The surfaces show attractive old envelope toning in their intricacies, but both sides are otherwise appealing medium gray. Based on style, this is likely a 1627. This example is very appealing, and its historic provenance adds further interest.
In the mid-1950s, Clyde Hubbard located a hoard of early Colombian silver coins in Medellín, which, despite the low interest among silver cobs at the time, he was able to rescue from the melting pot. In 1958, Robert I. Nesmith published a paper on the 46-piece hoard in The Centennial Publication of the American Numismatic Society. Of those 46 coins, 41 are here, offered at public auction for the first time. Many have served as plate coins in Restrepo, Restrepo-Lasser, and other books, and their discovery revolutionized the understanding of the earliest silver coins of Colombia.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
26.82 grams. A sharply defined and very attractive example of this early 8 Reales type, a coin that has an incomparable provenance. The shield is well defined but for a small area of softness in the middle of its lower portion. The N/R/P mintmark and assayer initial on the left side of the shield is perfectly struck, and the denomination VIII on the right is also plain. The cross is ideally rendered, as are both castles and the lion in the lower right quadrant. 16 of the date is crisp, as are other design elements. The surfaces show attractive old envelope toning in their intricacies, but both sides are otherwise appealing medium gray. Based on style, this is likely a 1627. This example is very appealing, and its historic provenance adds further interest.
In the mid-1950s, Clyde Hubbard located a hoard of early Colombian silver coins in Medellín, which, despite the low interest among silver cobs at the time, he was able to rescue from the melting pot. In 1958, Robert I. Nesmith published a paper on the 46-piece hoard in The Centennial Publication of the American Numismatic Society. Of those 46 coins, 41 are here, offered at public auction for the first time. Many have served as plate coins in Restrepo, Restrepo-Lasser, and other books, and their discovery revolutionized the understanding of the earliest silver coins of Colombia.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
From a hoard discovered by Clyde Hubbard in Medellín in the 1950s and subsequently published by Robert I. Nesmith. Plated in Nesmith's "A Hoard of the First Silver Coins of Nuevo Reino de Granada (Colombia)," 1958, coin #1, illustrated on plate XXIX and in a line drawing on p. 515.
Estimate: $1500.00- $3000.00