Ecuador 1835-FP 2 escudos

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from the Stack's Bowers 2018 NYINC sale, lot 11390
Ecuador SB118-11390r.jpg

This specimen was lot 11390 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $9,600. The catalog description[1] noted,

"Very Rare 1835-FP 2 Escudos. ECUADOR. 1835-FP 2 Escudos. Quito mint. UNC Detail — Filed Rims (PCGS). Rated as RRRR by Frank Sedwick and listed as '3 known' in KM, this is the rarest issue of this series. It was missing from Eliasberg and the September 1996 Smith & Daughter sale. When this coin was last offered, in the 1981 Maulme sale, it was described as 'the only piece with these assayer initials known to the catalogers. Extremely rare, perhaps unique.' Deep orange gold with plentiful luster and a blush of rose-violet toning in the left obverse field. Sharp and well struck, with excellent eye appeal. A natural rim flaw is hidden by the encapsulation above C of COLOMBIA. A little notch on the edge below the date and atop the reverse appears to have been a very deft mount removal, thus inspiring the "filed rims" notation from PCGS. Despite this flaw, it's hard to imagine a finer example exists. From the Eldorado Collection of Colombian and Ecuadorian Coins. From Henry Christensen's sale of the Maulme Collection, October 1981, lot 121."

This type was struck 1833-35 and, like all Ecuadorian predecimal gold coins, is rare and expensive.

Recorded mintage: unknown.

Specification: 6.77 g, 0.875 fine gold.

Catalog reference: Fr-1, KM-16.

Source:

  • [1]Ponterio, Richard, Kyle Ponterio, John Kraljevich and Cris Chatigny, The January 2018 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Eldorado Collection of Colombian and Ecuadorian Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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