Stack's Bowers & Ponterio
January 2018 NYINC Auction 11-13 Jan 2018
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COLOMBIA. 1850 16 Pesos. Bogotá mint. Restrepo M213.3. MS-62 (PCGS).
An extraordinary coin, the only specimen of the entire type to be certified in Mint State by PCGS. This piece brought an astounding $6,000 in the 1982 Hammel sale. The only examples sold recently, the 2011 Frank Sedwick specimen and the 2004 Morris Geiger coin, were both EF with rim damage. Norweb lacked this date entirely. This piece is fully lustrous, toned in dramatic deep orange, with outstanding visual appeal. A little lamination is noted on the cheek, but otherwise both fields and devices are free of serious blemishes. An important high grade type coin and a rarity even within the context of this rare series.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
An extraordinary coin, the only specimen of the entire type to be certified in Mint State by PCGS. This piece brought an astounding $6,000 in the 1982 Hammel sale. The only examples sold recently, the 2011 Frank Sedwick specimen and the 2004 Morris Geiger coin, were both EF with rim damage. Norweb lacked this date entirely. This piece is fully lustrous, toned in dramatic deep orange, with outstanding visual appeal. A little lamination is noted on the cheek, but otherwise both fields and devices are free of serious blemishes. An important high grade type coin and a rarity even within the context of this rare series.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
From Superior Galleries' sale of December 1993, lot 656.
Estimate: $5000.00- $8000.00