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Stack's Bowers & Ponterio
January 2021 Auction  15-16 Jan 2021
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Lot 21048

Starting price: 2400 USD
Price realized: 4600 USD
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EL SALVADOR. 20 Colones, 1925-Mo. Mexico City Mint. PCGS MS-65 Gold Shield.
KM-132; Fr-5. Mintage: 200. Stuck to commemorate the 400th anniversary (quadricentennial) of the founding of San Salvador. An entirely original example of this key 20th century issue, with a pleasing "skin" resting over the carefully preserved surfaces that was acquired from decades of storage in a presentation box . All considered, a RARE coin that is even more so in this delightful quality.

This interesting type features an appropriate blend of the past and the present, as it displays the jugate busts of the conquistador Pedro de Alvarado, conquering much of what is now Central America for Spain, and current President Alfonso Quinonez Molina, ruling El Salvador with an autocratic flair. Both men, though successful in their earlier careers as a solider and physician, respectively, treated their roles in power differently, and have since each garnered a rather negative view from their time in command.



From the Oro del Nuevo Mundo Collection.

Estimate: $4000.00- $7000.00

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