Stack's Bowers & Ponterio
January 2018 NYINC Auction 11-13 Jan 2018
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COLOMBIA. 1862-M 5 Pesos. Medellín mint. Restrepo M233.1. AU-58 (PCGS).
As described by Frank Sedwick, this issue was "unknown until Stack's auction of September 16, 1982, and no other specimen has appeared since then." This is thus the plate coin in every reference that illustrates a specimen, including Sedwick, Restrepo, and the Krause-Mishler catalogs. Its surfaces are attractive medium yellow gold with good frost and abundant luster, richest at the rims. Scattered tiny marks are seen, none serious, though a rim abrasion at 1:00 on the obverse is noted. The reeding is fairly soft and crude, as is the planchet, which shows an oval lamination at the base of the first S in PESOS and another outside the border beading below L of LEI. The strike is bold, and all details are clear. Of the highest rarity and importance, coined as part of the first gold emission of the mint at Medellín.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
As described by Frank Sedwick, this issue was "unknown until Stack's auction of September 16, 1982, and no other specimen has appeared since then." This is thus the plate coin in every reference that illustrates a specimen, including Sedwick, Restrepo, and the Krause-Mishler catalogs. Its surfaces are attractive medium yellow gold with good frost and abundant luster, richest at the rims. Scattered tiny marks are seen, none serious, though a rim abrasion at 1:00 on the obverse is noted. The reeding is fairly soft and crude, as is the planchet, which shows an oval lamination at the base of the first S in PESOS and another outside the border beading below L of LEI. The strike is bold, and all details are clear. Of the highest rarity and importance, coined as part of the first gold emission of the mint at Medellín.
From the Eldorado Collection of Colombian and Ecuadorian Coins.
From Stack's sale of the Mortimer Hammel Collection, September 1982, lot 772.
Estimate: $7500.00- $15000.00