Stack's Bowers & Ponterio
January 2018 NYINC Auction 11-13 Jan 2018
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COLOMBIA. 1777-JJ 2 Reales. Santa Fe de Nuevo Reino (Bogotá) mint. Carlos III (1759-1788). Restrepo 42.9. EF-45 (PCGS).
Among the very finest examples of this type known, and almost certainly the finest known specimen of the date, this coin has been off the market since the 1985 Norweb sale. The surfaces are toned an ideal medium gray with faint golden highlights and some luster surviving in protected areas. Both sides show excellent detail, and no problems are seen. It would be hard to imagine a more choice specimen for the grade, in fact, even the centering is perfect. This reverse appears to be unlisted by Restrepo, who lists three varieties of this very rare date: with pellet between NR and JJ, with no pellet between NR, and with no pellet between JJ. This example shows no pellets between either NR or JJ. The Murias specimen was a lovely EF that looked better in hand than in its photograph; it brought $11,500. This example is nicer still. The Murias coin was billed as "the finest known specimen of Charles III 2R of Colombia" as a type. Given that, it seems likely this is the finest known example of the date and, were it not for the 1772 in this collection, would be under consideration for finest known of the entire type.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
Among the very finest examples of this type known, and almost certainly the finest known specimen of the date, this coin has been off the market since the 1985 Norweb sale. The surfaces are toned an ideal medium gray with faint golden highlights and some luster surviving in protected areas. Both sides show excellent detail, and no problems are seen. It would be hard to imagine a more choice specimen for the grade, in fact, even the centering is perfect. This reverse appears to be unlisted by Restrepo, who lists three varieties of this very rare date: with pellet between NR and JJ, with no pellet between NR, and with no pellet between JJ. This example shows no pellets between either NR or JJ. The Murias specimen was a lovely EF that looked better in hand than in its photograph; it brought $11,500. This example is nicer still. The Murias coin was billed as "the finest known specimen of Charles III 2R of Colombia" as a type. Given that, it seems likely this is the finest known example of the date and, were it not for the 1772 in this collection, would be under consideration for finest known of the entire type.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
From Christie's sale of the Norweb Collection, November 1985, lot 702. Earlier, from Fred Baldwin.
Estimate: $6000.00- $9000.00