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Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
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Lot 11371

Starting price: 12 500 USD
Price realized: 40 000 USD
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ECUADOR. 1845-MV 8 Escudos. Quito mint. KM-31. MS-61 (PCGS).
Rich coppery toning frames beautiful medium yellow gold centers. Abundantly lustrous and positively beautiful. A thin hairline crosses the right obverse field below CI of CONSTITUCION, and some scattered hairlines are noted, but no major problems are seen. The back of Bolívar's head is a bit soft, opposite the softness among the flags on the right side of the reverse, and the soft spot at IV of BOLIVAR at the bust truncation aligns with the somewhat flatly struck condor. The centering is ideal on both sides, and the aesthetic appeal is incomparable. This is the Hammel coin, fresh to the market after 35 years, and was plated in Calicó's Onza book.

From the Eldorado Collection of Colombian and Ecuadorian Coins.

From Stack's sale of the Mortimer Hammel Collection, September 1982, lot 829.

Estimate: $25000.00- $50000.00

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