Ecuador 1889-H sucre

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from Stack's Bowers 2016 ANA sale, lot 20375
Ecuador SB816-20375r.jpg

This specimen was lot 20375 in Stack's Bowers ANA sale (Anaheim, CA, August 2016), where it sold for $1,527.50. The catalog description[1] noted, "ECUADOR. Sucre, 1889. Heaton Birmingham. NGC MS-62. A single point from finest graded at NGC, and a condition rarity as such, with most surviving examples worn, cleaned or both. Light to medium almond colored tone that shows no variation between the open fields and protected areas of the coin. A few very light marks on the chin are the only attributes preventing full choice, and even then only detectable with close inspection. Well struck with sharp rims and crisp devices. Very attractive with subtle underlying luster." After a period of striking reales, pesos and escudos which must be regarded as failure, Ecuador ceased minting coins in 1862. In 1884, the government tried again, this time with coinage produced on contract by the Heaton mint in Birmingham, England. A new currency conforming to the Latin Monetary Union was introduced, the sucre, with its division the centavo. Silver sucres were produced at Heaton 1884-95, at Santiago, Chile, 1888-89, and at Lima, Peru, 1890-97. The specimen shown is from Heaton. The type is not common but reasonably available in circulated condition.

Recorded mintage: 150,000.

Specification: 25 g, 0.900 fine silver, .723 troy oz ASW.

Catalog reference: KM-53.1.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.
  • [1]Ponterio, Richard, The August 2016 Anaheim ANA Auction: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2016.

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