Stack's Bowers & Ponterio
January 2018 NYINC Auction 11-13 Jan 2018
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ECUADOR. 1862 pattern 4 Reales. Paris mint. KM-Pn7. SP-62 (PCGS).
Light silver gray with subtle golden toning that deepens at the peripheries. Boldly struck and reflective, with particularly deep mirrors on the reverse. A high wire rim frames the upper portion of the reverse. Light hairlines are noted, and a short dig is seen between the portrait's hair bun and the legend. Only 10 specimens are thought to have been coined with this finish in Paris. Only a fraction still exist, most showing significant handling. An NGC Proof-61 brought $14,100 in the August 2014 Heritage sale. Carlos Jara and Dale Seppa's The Strange Concurrence of Coinage in Francos and Reales in Ecuador from 1858 to 1862 covers these patterns, and the related 50 francos of 1862, revealing the full story of this intriguing and very rare issue.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
Estimate: $7500.00- $15000.00
Light silver gray with subtle golden toning that deepens at the peripheries. Boldly struck and reflective, with particularly deep mirrors on the reverse. A high wire rim frames the upper portion of the reverse. Light hairlines are noted, and a short dig is seen between the portrait's hair bun and the legend. Only 10 specimens are thought to have been coined with this finish in Paris. Only a fraction still exist, most showing significant handling. An NGC Proof-61 brought $14,100 in the August 2014 Heritage sale. Carlos Jara and Dale Seppa's The Strange Concurrence of Coinage in Francos and Reales in Ecuador from 1858 to 1862 covers these patterns, and the related 50 francos of 1862, revealing the full story of this intriguing and very rare issue.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
Estimate: $7500.00- $15000.00