Ecuador 1892-L TF 2 decimos

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from the Stack's Bowers October 2021 Collector's Choice sale, lot 70504
SB1021-70504r.jpg

This specimen was lot 70504 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, October 2021), where it sold for $156. The catalog description[1] noted, "ECUADOR. 2 Decimos, 1892/89-LIMA TF. Lima Mint. PCGS MS-62. Overstruck as is common for the type, however RARE in this state of preservation. Not surprisingly, tied for the finest certified by PCGS. Mostly gray in color with some brilliant iridescence remaining." After a period of striking reales, pesos and escudos which must be regarded as a 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. This type was struck 1884-90 at Heaton, England, 1889-96 at Lima and 1895 at Philadelphia. The overdate shown here is priced lower than the regular date.

Recorded mintage: 1,138,000.

Specification: 5 g, 0.900 fine silver, 23 mm diameter.

Catalog reference: KM-51.3.

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 October 2021 Collector's Choice sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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