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Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
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Lot 11165

Starting price: 1000 USD
Price realized: 1850 USD
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COLOMBIA. 1767-J 8 Escudos. Popayán mint. Carlos III (1759-1788). Restrepo M70.9. EF-45 (PCGS).
Rich medium yellow gold with deeper color and good luster around design elements. The rims are a bit crude, showing both softness of strike and scattered marks and abrasions. Other tiny marks are noted on both sides, and a thin hairline scratch stretches from the truncation of the bust to between IND and REX. The reverse die is broken near the collar below M of MAGNA, marking it as the same reverse die that was used on the 1762-J and 1763/2-J 8 Escudos offered in the current sale. No coins of this denomination were struck at Popayán between 1763 and 1767, and the die looks to be in more or less the same die state even four years later. An attractive circulated specimen of this scarce type.

From the Eldorado Collection of Colombian and Ecuadorian Coins.

From Christie's Geneva sale of the Kurt Homme Collection, November 25-26, 1981, lot 700.

Estimate: $2000.00- $4000.00

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