ECUADOR. Real, 1837-QUITO FP. Quito Mint. PCGS MS-62.
KM-20; Seppa/Anderson-EC35; Carr-29. Variety with transposed obverse and reverse legends. The single finest certified of the date on either the NGC or PCGS population reports, for either legend variety. Vastly superior than normally encountered and should be considered EXTREMELY RARE is this elite state of preservation. This wholly original looking minor silver issue boasts boldly struck devices with smooth surfaces displaying rich mottled earthen hued patina. Usually encountered in well worn conditions with problems that when pieces of high quality appear they demand much attention and consideration. This lovely little minor coin offers much originality is and pleasing to the eye worthy of a premium bid from advanced collectors.
It is interesting to note that in the 2002 UBS auction they stated "The second-best piece VF/EF sold by Almeida with luster in 1981 for c. $1800.-. This specimen is far better than the Almeida coin. Full, sharp strike, nice rims, unmarked fields and attractive luster."
Ex: Coins of Ecuador - A Special Collection (UBS Zurich 9/2002) Lot # 4498.
Estimate: $2000 - $3000