Lot 1036
Colombia - Republica de la Nueva Granada. Pattern 8 Reales, 1849 (Bogota). Silver KM-Pn-21. 20.96 grams. Tripartite shield of arms, showing Panama, wreath around. Reverse: Circular ribbon-wrapped wreath with value within; purity below. Plain edge. Sharp and clean. Fine deep smokey toning comprised of lovely deep golds to copper, overlaid with cobalt, blue-greens, and violets to create an almost neutral warmth. NGC graded Proof 64.
Panama remained a part of Colombia until 1903. In 1903, Panama, with the help of the United States, declared its independence. The United States wanted to build the Panama Canal, and Colombia was against the idea. Many in Panama wanted independence, and the United States just "encouraged" the movement. The canal work was begun by the US in 1904.
Estimated Value $4,000 - 5,000.
Ex. Norweb Collection.
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| Realized $16,675 |
