Ecuador 1837-FP real KM-20

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from the Stack's Bowers 2022 NYINC sale, lot 2247
SB122-2247r.jpg

This specimen was lot 2247 in Stack's Bowers NYINC sale (New York, January 2022), where it sold for $1,920. The catalog description[1] noted, "ECUADOR. Real, 1837-QUITO FP. Quito Mint. PCGS MS-62. Variety with transposed obverse and reverse legends. The single finest certified of the date on either the NGC or PCGS population reports, for either legend variety. Vastly superior than normally encountered and should be considered EXTREMELY RARE is this elite state of preservation. This wholly original looking minor silver issue boasts boldly struck devices with smooth surfaces displaying rich mottled earthen hued patina. Usually encountered in well worn conditions with problems that when pieces of high quality appear they demand much attention and consideration. This lovely little minor coin offers much originality is and pleasing to the eye worthy of a premium bid from advanced collectors. It is interesting to note that in the 2002 UBS auction they stated "The second-best piece VF/EF sold by Almeida with luster in 1981 for c. $1800.-. This specimen is far better than the Almeida coin. Full, sharp strike, nice rims, unmarked fields and attractive luster." Ex: Coins of Ecuador - A Special Collection (UBS Zurich 9/2002) Lot # 4498." This type was struck 1837-38 and normally encountered in Fine or lower. It is lightweight and debased, similar to the infamous Bolivian one real of 1830. All pre-decimal Ecuadorian coinage is hard to find and hotly pursued.

Recorded mintage: unknown.

Specification: 3.4-3.9 g, 0.667 fine silver.

Catalog reference: KM-20; Seppa/Anderson-EC35; Carr-29.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 NYINC Sale: World and Ancient Coins, featuring the Mark and Lottie Salton Collection and the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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