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Heritage World Coin Auctions
Signature Sale 3029  14-16 January 2014
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Lot 30046

Estimate: 3000 USD
Price realized: 7000 USD
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Ecuador
Selections from the Eric P. Newman Collection of World Coins. Republic gold Escudo 1835 GJ-QUITO, KM15, MS62 NGC. A scarce date and the finest thus far certified at NGC, this example has shimmering luster in the obverse fields and a gleaming semi-prooflike appearance on the reverse. As was often the case for the early Republic types of Latin America, quality control at the various mints was inconsistent at best, and the present example serves as an interesting reminder of that fact. In the left obverse field, the remains of an uneven planchet adjustment (as made) can be seen and partially obscures ECUADOR in the legends. A looping lint mark (as made) also resides in the field behind Libertad. Despite these mint-made imperfections few, if any, of the survivors retain this much detail, a fact that surely won't be lost on the specialist. Krause catalog price(s) for this item: $900 in VF, $1850 in EF.

Estimate: 3000-3500 USD
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