File:Colombia SB118-11051o.jpg

This specimen was lot 11051 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $60,000. The catalog description^[1] noted,

"One of Two Known 1722 Santa Fe 8 Reales. The Elizondo, Calicó, and Restrepo Plate Coin. COLOMBIA. 1722-SAN 8 Reales. Santa Fe de Nuevo Reino (Bogotá) mint. Philip V (1700-1746). Restrepo M76.6. EF-40 (PCGS). 26.80 grams. Another very special 8 Reales of Philip V. Medium gray with traces of luster on both sides and fine multicolored highlights in recessed areas. The designs of this piece, struck under assayer José Sánchez, are significantly different from the previous type, coined under Buenaventura de Arce. The date appears only at the perimeter, seen here between 9:00 and 11:00, with the bases of 722 apparent. The initial S for the assayer appears on the right of the obverse pillars, while SAN is spelled out to the left of the shield on the reverse. Both assayer initials are crisply defined here, as is the denomination right of the shield. The planchet is tight and chunky, but the visual appeal of this coin is superb. Offered on its own, this coin would be a landmark. Plated in Elizondo, Calicó, and Restrepo, it is the best known of the two recorded SAN 8 Reales. Of the highest rarity and importance, one of the highlights of this entire collection. From the Eldorado Collection of Colombian and Ecuadorian Coins."

KM 18, 27.07 g, .931 fine silver, 1721-ARC and 1722-NR SAN only. also KM 18a (.917 fine) for 1742.