Watch List notes:

Ecuador en Colombia Medio Real 1833 of early Transitional Variety, KM12.1, modified from KM 12.2 (this specific transitional item is not listed, per se, in KM). VF30 ANACS. The first year of Ecuadorian national coinage is discussed in various of our Dana Roberts' catalogues. Within this denomination, of which there are perhaps less than 10% as many pieces from all known varieties remaining than for the total population of the prolific One Real, this is an important TRANSITIONAL item. It is highly likely that the very earliest issues of this size and value used the oft employed symbol for one half, i.e. "1/2"; an example is the lot prior to this. For whatever reason, this popular and commonly employed symbol was replaced by the use of the abbreviation for Medio (translates to "half"), i.e. "Mo". That "Mo" was again used on the 1848-49 type and has confused some casual cataloguers who assumed it must represent the Mexico City mint so often prolific. But in 1833 when the change was being made, the dies were so difficult to create that it was evidently most viable to simply overstamp the prior "1/2" fraction with the new "Mo" symbol. That overstriking is clearly evident on this piece. As might be inferred by ANACS' obtuse grading assignment of VF-EF, the host die used to overpunch the value designation was already pretty much "shot" or "spent" or "abused beyond its useful expectancy for production". Thus this transitional type is very likely much more rare than currently realized, and it is the only one Dana catalogued among his many 1833 pieces, covering three denominations, which he acquired over about 40 years. In this catalogue one will find all four of the clearly different varieties of this important earliest national coinage of the lowest circulating denomination.Dana Roberts Collection and Study Group. Krause catalog price(s) for this item: $325 in VF, $650 in EF.

Estimate: 1000.00-2000.00 USD