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Colombia. 1759-J 2 escudos. Popayan mint. Ferdinand VI. AU-53 (PCGS Secure).

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Colombia. 1759-J 2 escudos. Popayan mint. Ferdinand VI. AU-53 (PCGS Secure).

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Details

Colombia. 1759-J 2 escudos. Popayan mint. Ferdinand VI. AU-53 (PCGS Secure). An unusually even and attractive example of this type. Well struck and boldly detailed on both sides. The surfaces are frosty light yellow gold, lustrous at the peripheries, free of the planchet flaws or roughness often seen on this denomination. The devices are crisp, not muddy, and nothing more than the most minor scattered circulation marks are seen. While Carlos III 2 escudos are occasionally encountered, Ferdinand VI (here in the last year of his reign) is a very tough type to find; exploration of decades of listings in the Heritage archives (for instance) reveals just two Colombian 2 escudos of Ferdinand VI of any date, both of which were given "Details" grades. The Calico plate coin for the type (dated 1758) is perhaps VF, and the Restrepo plate piece (dated 1760, a scarcer issue) is also well circulated. This type was known as a "pistole" in early America, easily the most common gold denomination of the Spanish-American mints in North America (the 8 escudos, though occasionally seen, wasn't a common circulating coin). It even inspired the name of a pre-Revolutionary upheaval against the power of the government to tax colonists, the so-called "Pistole Fee Dispute" in Virginia in 1753-54. A pre-Revolutionary gold coin collection including a half Joe of Brazil or Portugal, a French Louis d'or, a Spanish-American pistole, and an English guinea lays a good groundwork for a more expansive assemblage of the gold coins likely to have been seen by American colonists. 

Additional Information

Grading Service PCGS
Grade AU53
Designation N/A
Mint Location Philadelphia
Strike Type Business
Circulated/Uncirc Uncirculated
Grade Add On N/A
SKU or Cert # 28143387

Listed below are blog articles related to this product listing, if applicable:

Description

Details

Colombia. 1759-J 2 escudos. Popayan mint. Ferdinand VI. AU-53 (PCGS Secure). An unusually even and attractive example of this type. Well struck and boldly detailed on both sides. The surfaces are frosty light yellow gold, lustrous at the peripheries, free of the planchet flaws or roughness often seen on this denomination. The devices are crisp, not muddy, and nothing more than the most minor scattered circulation marks are seen. While Carlos III 2 escudos are occasionally encountered, Ferdinand VI (here in the last year of his reign) is a very tough type to find; exploration of decades of listings in the Heritage archives (for instance) reveals just two Colombian 2 escudos of Ferdinand VI of any date, both of which were given "Details" grades. The Calico plate coin for the type (dated 1758) is perhaps VF, and the Restrepo plate piece (dated 1760, a scarcer issue) is also well circulated. This type was known as a "pistole" in early America, easily the most common gold denomination of the Spanish-American mints in North America (the 8 escudos, though occasionally seen, wasn't a common circulating coin). It even inspired the name of a pre-Revolutionary upheaval against the power of the government to tax colonists, the so-called "Pistole Fee Dispute" in Virginia in 1753-54. A pre-Revolutionary gold coin collection including a half Joe of Brazil or Portugal, a French Louis d'or, a Spanish-American pistole, and an English guinea lays a good groundwork for a more expansive assemblage of the gold coins likely to have been seen by American colonists. 

Additional

Additional Information

Grading Service PCGS
Grade AU53
Designation N/A
Mint Location Philadelphia
Strike Type Business
Circulated/Uncirc Uncirculated
Grade Add On N/A
SKU or Cert # 28143387

Related Blog Article(s)

Listed below are blog articles related to this product listing, if applicable:

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