Stack's Bowers & Ponterio
November 2013 Baltimore Auction - Online Sess. D-E 12 November 2013
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WORLD CROWNS & MINORS
ECUADOR. Colombian War for Independence. 2 Reales, 1822-O. Pasto Mint. PCGS GOOD-6 Secure Holder.
KM-A1 (Ecuador); Restrepo-type-115#1; Cal-973. Struck from machinery that was transported from the Colombian Mint of Popayan. With Bolivar's insurgent forces approaching the city of Popayan, it became evident that the city would fall from Royalist control. Officials at the Popayan Mint loaded what machinery could be carried on the backs of mules for transport to Quito, in order to prevent it from falling into Insurgent hands. Due to their size, the larger screw presses for the production of 4 and 8 Reales were not able to be transported. The largest press that was able to be moved was for the production of 2 Reales. Initially the equipment was intended to be relocated to Quito, where a new mint was to be established in accordance with the authorization which came on 26 December 1821. However, due to delays in transit and the dire need for coinage, the equipment was re-routed to Pasto where it was used to produce the present coin. This issue is historically very important as it documents important events that took place during the War of Independence. Also, it is technically the first coin of Ecuador and the only New World issue to use the legend in reference to the Spanish Constitution of Ferdinand VII.PCGS GOOD-6 Secure Holder.
Estimate: $70
ECUADOR. Colombian War for Independence. 2 Reales, 1822-O. Pasto Mint. PCGS GOOD-6 Secure Holder.
KM-A1 (Ecuador); Restrepo-type-115#1; Cal-973. Struck from machinery that was transported from the Colombian Mint of Popayan. With Bolivar's insurgent forces approaching the city of Popayan, it became evident that the city would fall from Royalist control. Officials at the Popayan Mint loaded what machinery could be carried on the backs of mules for transport to Quito, in order to prevent it from falling into Insurgent hands. Due to their size, the larger screw presses for the production of 4 and 8 Reales were not able to be transported. The largest press that was able to be moved was for the production of 2 Reales. Initially the equipment was intended to be relocated to Quito, where a new mint was to be established in accordance with the authorization which came on 26 December 1821. However, due to delays in transit and the dire need for coinage, the equipment was re-routed to Pasto where it was used to produce the present coin. This issue is historically very important as it documents important events that took place during the War of Independence. Also, it is technically the first coin of Ecuador and the only New World issue to use the legend in reference to the Spanish Constitution of Ferdinand VII.PCGS GOOD-6 Secure Holder.
Estimate: $70