Heritage World Coin Auctions
NYINC Signature Sale 3037 Sess. 1 4 January 2015
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Colombia
Charles III Pillar Real 1760 NR-JV VF35 PCGS, Nuevo Reino mint, KM34, Restrepo-36.1. A wholesome coin, choice for the designation with only limited wear and quite handsome toning over attractive and problem-free surfaces. Considerable detailing of the handsome design remains visible to the naked eye, including the "PLUS" and "ULTRA" inscriptions on the pillars. The minor coins struck in Nuevo Reino with the pillar type design have traditionally been praised as part of the classical and more desirable rarities of the entire Spanish Colonial series. Only two denominations were issued (½ Real and 1 Real, both dated 1760) with a total confirmed population of less than fifteen examples (the ½ Real being currently unique and impounded in a major collection). Most of the surviving specimens (struck from the same pair of dies, as could be expected since obviously struck in very limited numbers) of the very rare 1 Real 1760 NR-JV are worn and/or impaired. The only two pieces showing more detail than the present example have issues: the obviously Mint State ex-Restrepo coin (his plate coin, sold by Sedwick 11/2014, lot 753 for $3,500) has a rather large piercing, while the ex-Emilio Ortiz/Jorge Ortiz has two small letters engraved on the reverse. Other specimens in legendary holdings such as Patterson (Bonhams 7/1996) and Amat (Ponterio 3/1991) were worn and pierced. It could thus be argued that the present coin – clearly among the very finest known -is the most desirable of all publicly available examples in the last 30 years. As such, we expect strong attention from the specialists of this ever popular series: this may well represent the only opportunity to secure and unflawed and attractive example of this issue for many years.
Estimate: 5000-7000 USD
Charles III Pillar Real 1760 NR-JV VF35 PCGS, Nuevo Reino mint, KM34, Restrepo-36.1. A wholesome coin, choice for the designation with only limited wear and quite handsome toning over attractive and problem-free surfaces. Considerable detailing of the handsome design remains visible to the naked eye, including the "PLUS" and "ULTRA" inscriptions on the pillars. The minor coins struck in Nuevo Reino with the pillar type design have traditionally been praised as part of the classical and more desirable rarities of the entire Spanish Colonial series. Only two denominations were issued (½ Real and 1 Real, both dated 1760) with a total confirmed population of less than fifteen examples (the ½ Real being currently unique and impounded in a major collection). Most of the surviving specimens (struck from the same pair of dies, as could be expected since obviously struck in very limited numbers) of the very rare 1 Real 1760 NR-JV are worn and/or impaired. The only two pieces showing more detail than the present example have issues: the obviously Mint State ex-Restrepo coin (his plate coin, sold by Sedwick 11/2014, lot 753 for $3,500) has a rather large piercing, while the ex-Emilio Ortiz/Jorge Ortiz has two small letters engraved on the reverse. Other specimens in legendary holdings such as Patterson (Bonhams 7/1996) and Amat (Ponterio 3/1991) were worn and pierced. It could thus be argued that the present coin – clearly among the very finest known -is the most desirable of all publicly available examples in the last 30 years. As such, we expect strong attention from the specialists of this ever popular series: this may well represent the only opportunity to secure and unflawed and attractive example of this issue for many years.
Estimate: 5000-7000 USD