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Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
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Lot 11373

Starting price: 10 000 USD
Price realized: 26 000 USD
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ECUADOR. 1848-GJ 8 Escudos. Quito mint. KM-34.1. AU-58 (PCGS).
A trophy coin, perhaps the finest known example of this issue, plated in the Calicó catalog and the Calicó Onza book ever since its last auction appearance in 1982. Deeply reflective surfaces are toned lovely even medium yellow gold, barely deepening with coppery shades around the design elements and peripheries. A tiny planchet split at the rim above ER of PODER on the obverse extends into a lamination at PUB of REPUBLICA on the reverse. Fully struck on both sides with excellent detail on both sides. A light scrape on the forehead is the only notable flaw, along with scattered minor hairlines whose appearance is only notable because of the prooflike texture of the fields. Far finer than the Eliasberg coin that brought $25,300 in 2005. An exceptionally nice piece.

From the Eldorado Collection of Colombian and Ecuadorian Coins.

From Stack's sale of the Mortimer Hammel Collection, September 1982, lot 831.

Estimate: $20000.00- $40000.00

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