Goldberg Coins and Collectibles

Sale 46

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Lot 1024

Colombia. 8 Reales, 1811 P-JF (Popayan). Eliz-3; WR-6; KM-71. 26.94 grams. Ferdinand VII, 1808-1833. Laureate, draped, and cuirassed bust of Charles IV right. Reverse: Reverse: Crowned Bourbon arms, flanked by bannered pillars. The strike choice and fully detailed. The fields reflective. Exceptionally attractive dusky gray toning, with overtones of blue on the obverse and golds on the reverse. The fields particularly clean, with a minor rim bump. Rare, even more so in this condition. The finest known specimen. NGC graded EF-45.

Interestingly enough, the silver 8 Reales of Colombia are actually rarer than the gold 8 Escudos. Both silver and gold coins of Ferdinand VII were struck for 12 years in Colombia, yet all bear the portrait of Charles IV. Obviously, it could not take so long for the dies to arrive. There seemed to be little interest to fix this anomaly.
Estimated Value $10,000 - 12,500.
Ex Calbeto plate coin. Another example, lot 607 (a Choice Very Fine and with a very obvious rim bruise, but considered one of the finest known), realized in a Superior, December 1-2, 1990, auction a price of $9500, against a $3000 estimate; Illustrated in Money of the World, coin 160.

Realized $17,250

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