COLOMBIA. 1657-PoRS 8 Reales. Santa Fe de Nuevo Reino (Bogotá) mint. Philip IV (1621-1665). Restrepo M46.24. EF-45 (PCGS).
27.65 grams. A piece of extraordinary aesthetic and technical quality, with a famous old provenance. Fine envelope toning of red and gold hides within the recesses and enlivens choice medium gray surfaces. The obverse is firmly struck and aligned to the left, allowing for much of HISPANARIVUM ET IND to be visible at the right. The assayer is perfectly crisp and the date is bold, though double striking has affected the mintmark and legend just a bit. A fissure crosses the left pillar below the P of PoRS, while another crosses the top of the right pillar and begins anew above it. On the reverse periphery, PHILIP is clear, just a bit soft on HI. The denomination is present but affected by double striking, which renders the shield details a bit blurred as well. There are very few 1657 8 Reales of Santa Fe more attractive and better preserved than this one.
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 #7, illustrated on plate XXXI and in a line drawing on p. 525.
Estimate: $2000.00- $4000.00