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Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
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Lot 11067

Starting price: 375 USD
Price realized: 950 USD
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COLOMBIA. 1627-P 2 Reales. Santa Fe de Nuevo Reino (Bogotá) mint. Philip IV (1621-1665). Restrepo M28.3. VF-30 (PCGS).
6.66 grams. Bright envelope toning adds colorful highlights in the recesses, contrasting with glossy medium gray surfaces. Superb metal quality and eye appeal, with the oval planchet capturing the full length of the shield, some of the crown, the II denomination to the left, and most of the P assayer mark below it. The reverse shows only a portion of the cross, but the date is clear, with the bottom half of the 6 and the 27 easy to make out at the periphery. Evidence of a die clash, presumably with the base of the crown, is visible between the final date digit and H of HISPANARIVM. A beautiful example of this earliest 2 Reales of Bogotá, one that boasts a fascinating provenance.

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 #3b, illustrated on plate XXIX and in a line drawing on p. 517.

Estimate: $750.00- $1500.00

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