ECUADOR. 2 Escudos, 1835-QUITO FP. Quito Mint. PCGS AU-50.
Fr-1; KM-16; Seppa/Anderson-EGC79a; Carr-71. This EXTREMELY RARE gold minor with assayer's letters "FP" is one of only three confirmed examples and is the rarest issue from the series. This handsome little gold coin exhibits a bold strike with moderate even wear primarily contained to the high points and exposed areas. The surfaces exhibit signs of handling consistent for the grade displaying a pale gold color on the high points with a light honey-gold patina that deepens towards the edges and protected areas. This wholly original looking piece is pleasing to the eye and is certain to be a welcome addition to the next collection it enters. Numismatic treasures of Ecuador such as this piece do not present themselves often; serious consideration should be taken for the opportunity to acquire one of the rarest from the entire series.
Ex: Spink (New York 12/2000) Lot # 369 where is sold for an astonishing $51,750-.
Specifically mentioned in the "Standard Catalog of Ecuadorian Coins" by Dale Seppa and Michael J. Anderson.
Estimate: $4000 - $6000