NumisBids
  
Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
View prices realized

Lot 11362

Starting price: 12 500 USD
Price realized: 36 000 USD
Find similar lots
Share this lot: Share by Email
ECUADOR. 1838-STA 8 Escudos. Quito mint. KM-23.1. MS-62 (PCGS).
An exceptional specimen of this rarity, the first 8 Escudos struck in the name of Ecuador. Richly lustrous and boldly reflective, with choice deep yellow gold color that is tinted with a tinge of copper rose on the reverse. Well struck on both sides, ideally centered on the obverse but aligned to 11:00 on the reverse, with a broad arc of denticles beneath QUITO. The sun face is bold. A tiny natural lamination is seen on the reverse rim between REPUBLICA and DEL, and another one shows some peeling at the asterisk that follows ECUADOR. Some scattered trivial hairlines are present, minor rim bruise at Qs left of the date. A really lovely example, finer than (though not as colorful as) the Eliasberg coin that brought $39,100 in 2005. PCGS has graded six examples of this design type at Mint State grades; four of them are in the present offering.

From the Eldorado Collection of Colombian and Ecuadorian Coins.

From Stack's sale of the Mortimer Hammel Collection, September 1982, lot 827.

Estimate: $25000.00- $50000.00

Question about this auction? Contact Stack's Bowers & Ponterio