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Colombia. 1772-JS 1 real. Popayan mint. Extremely Fine, holed.

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Colombia. 1772-JS 1 real. Popayan mint. Extremely Fine, holed.

In stock

SKU: 7008

$425.00

Details

Colombia. 1772-JS 1 real. Popayan mint. Extremely Fine, holed. An important issue from this Colombian mint, one which struck almost exclusively gold until well into the 19th century. This is the single largest portrait coin of Carlos III struck in Popayan, a one year type and a very scarce one at that. Popayan also struck a 1774 half real depicting Carlos III, also a major rarity. While Restrepo indicates that this issue "may be found with relative ease in very fine condition," it is telling that Heritage has never sold one (not one, ever, in any grade), none appear on Coin Archives, and the specimen that Sedwick offered in the Jorge Ortiz Murias sale of April 2011 sold for more than three times its high estimate of $1000. This piece shows essentially identical sharpness. It is, of course, holed, a problem that those who collect rarities in the Pillar and Portrait series are used to dealing with. The surfaces are light silver gray and show evidence of a fine cleaning long ago, but it is not bright or unattractive. An old scrape is noted at the base of the reverse shield. Collecting sets of all the different mints and monarchs is very popular among those who enjoy the Spanish colonial silver series; the first collection I ever formed of these was one representing all the different mints that struck one reales in the 18th century. To complete such an endeavor, this coin is a necessity. 

Additional Information

Grading Service RAW
Grade N/A
Designation N/A
Mint Location No
Strike Type No
Circulated/Uncirc No
Grade Add On No
SKU or Cert # 7008

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

Description

Details

Colombia. 1772-JS 1 real. Popayan mint. Extremely Fine, holed. An important issue from this Colombian mint, one which struck almost exclusively gold until well into the 19th century. This is the single largest portrait coin of Carlos III struck in Popayan, a one year type and a very scarce one at that. Popayan also struck a 1774 half real depicting Carlos III, also a major rarity. While Restrepo indicates that this issue "may be found with relative ease in very fine condition," it is telling that Heritage has never sold one (not one, ever, in any grade), none appear on Coin Archives, and the specimen that Sedwick offered in the Jorge Ortiz Murias sale of April 2011 sold for more than three times its high estimate of $1000. This piece shows essentially identical sharpness. It is, of course, holed, a problem that those who collect rarities in the Pillar and Portrait series are used to dealing with. The surfaces are light silver gray and show evidence of a fine cleaning long ago, but it is not bright or unattractive. An old scrape is noted at the base of the reverse shield. Collecting sets of all the different mints and monarchs is very popular among those who enjoy the Spanish colonial silver series; the first collection I ever formed of these was one representing all the different mints that struck one reales in the 18th century. To complete such an endeavor, this coin is a necessity. 

Additional

Additional Information

Grading Service RAW
Grade N/A
Designation N/A
Mint Location No
Strike Type No
Circulated/Uncirc No
Grade Add On No
SKU or Cert # 7008

Related Blog Article(s)

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

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