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Stack's Bowers & Ponterio
January 2021 Auction  15-16 Jan 2021
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Lot 21040

Starting price: 9000 USD
Price realized: 18 000 USD
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ECUADOR. 8 Escudos, 1840-QUITO MV. Quito Mint. PCGS MS-62 Gold Shield.
KM-23.1; Onza-1758. Variety with triple colon (⫶) after denomination. One of only two Mint State example certified for the date, with incredibly intricate detail remaining in the designs, few marks and only a few trivial hairlines in the fields and alluring copper-orange tone at the edges that serves to intensify the appearance. VERY RARE, both in overall quality, and as a variety, with this being only the second example we've found with the triple colon legend after the denomination. Interestingly, the reverse die used on this piece is also significantly different than those usually seen, with finer texture in the mountains, but less overall contour. Perfect for the elite type collector or specialist in the series, as either way, this coin would be essentially impossible to replace!

From the Oro del Nuevo Mundo Collection.

Ex: Eldorado Collection (Stack's Bowers 1/2018) Lot # 11364.

Ex: Swiss Bank Corp. (1/1988) Lot # 3065.

Estimate: $15000.00- $25000.00

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