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Day 2 of Sedwick & Associates Auction 36 Reaches New Heights with Record-Breaking Success

10 Nov

Orlando, FL — November 8, 2024

Building on the strong foundation set by Day 1, Day 2 of Sedwick & Associates Auction 36 surpassed expectations with remarkable record-breaking results and standout performances across numerous categories. This historic day showcased an array of Spanish colonial coins, especially the coveted pieces from the Luis Roberto Ponte Collection of Lima & Potosí Cobs, as well as shipwreck coins & ingots, Latin American rarities, and vintage Chinese coins. For the first time in Sedwick & Associates’ history, sales topped $5 million, marking an exciting new milestone and ushering in an era of expansion and continued success.

The day featured these prominent collections:

  • The John M. O’Brien Reference Collection of Peruvian Coins
  • The Emilio M. Ortiz Collection of Cuban Gold Coins, Part I
  • The Jorge Becerra Collection of Colombian Colonial Coins
  • The JEAS Collection of Gold Coins of Independent Colombia

Sedwick & Associates extends its heartfelt gratitude to our consignors for their trust and to our bidders, both in person and online, for making this auction such an outstanding success. Closing out 2024 with this achievement fuels our excitement as we head into 2025, ready to embrace new offices, talented additions, and ambitious growth. Here’s to more excellence and innovation ahead. Thank you for being an essential part of this journey. – Prices realized Auction 36

SOME TOP HIGHLIGHTS SOLD AT AUCTION 36 – November 7-8, 2024:

Gold bar ingot from Colombia, 915 grams, marked with fineness XXII (22K), circular tax stamp, and fo

75 – Gold bar ingot from Colombia, 915 grams, marked with fineness XXII (22K), circular tax stamp, and fo

Sedwick & Associates, LLC

Gold bar ingot from Colombia, 915 grams, marked with fineness XXII (22K), circular tax stamp, and foundry stamp (B)ARBACO(A)S, ex-1715 Fleet, ex-AnderBidding Has Concluded

Estimate : 60,000.00 – 90,000.00

Sold for (95,000.00 + 19,000.00BP) = 114,000.00

Large silver ingot 632 from Potosi, 84 lb 5.12 oz troy, Class Factor 1.0, with markings of mine/date

82 – Large silver ingot 632 from Potosi, 84 lb 5.12 oz troy, Class Factor 1.0, with markings of mine/date

Sedwick & Associates, LLC

Large silver ingot 632 from Potosi, 84 lb 5.12 oz troy, Class Factor 1.0, with markings of mine/date Po1622, manifest IULXXIX (1079), fineness IIUCCCLBidding Has Concluded

Estimate : 35,000.00 – 70,000.00

Sold for (70,000.00 + 14,000.00BP) = 84,000.00

PERU, Lima, "Star of Lima" type, cob 8 reales presentation strike, 1659 V, mintmark * above LIMA, V

263 – PERU, Lima, “Star of Lima” type, cob 8 reales presentation strike, 1659 V, mintmark * above LIMA, V

Sedwick & Associates, LLC

PERU, Lima, “Star of Lima” type, cob 8 reales presentation strike, 1659 V, mintmark * above LIMA, V to left and 8 to right, rare, NGC AU d…Bidding Has Concluded

Estimate : 25,000.00 – 50,000.00

Sold for (70,000.00 + 14,000.00BP) = 84,000.00

Gold oval ingot, 645.26 grams, tested at 0.819 fine gold (19.656K), marked with V-over-upside-down-V

77 – Gold oval ingot, 645.26 grams, tested at 0.819 fine gold (19.656K), marked with V-over-upside-down-V

Sedwick & Associates, LLC

Gold oval ingot, 645.26 grams, tested at 0.819 fine gold (19.656K), marked with V-over-upside-down-V monogram and XXIII, ex-Luz (1752), ex-Sotheby&#…Bidding Has Concluded

Estimate : 40,000.00 – 60,000.00

Sold for (55,000.00 + 11,000.00BP) = 66,000.00

CHINA, Kansu, Kanzhou mint, dollar, Sun Yat-sen, Year 17 (1928), 民国17年

908 – CHINA, Kansu, Kanzhou mint, dollar, Sun Yat-sen, Year 17 (1928), 民国17年

Sedwick & Associates, LLC

CHINA, Kansu, Kanzhou mint, dollar, Sun Yat-sen, Year 17 (1928), 民国17年甘肃省造Bidding Has Concluded

Estimate : 20,000.00 – 30,000.00

Sold for (55,000.00 + 11,000.00BP) = 66,000.00

CHINA, Tientsin mint, dollar, Tsao-Kun, (1923), military attire, very rare, 曹锟[x

906 – CHINA, Tientsin mint, dollar, Tsao-Kun, (1923), military attire, very rare, 曹锟[x

Sedwick & Associates, LLC

CHINA, Tientsin mint, dollar, Tsao-Kun, (1923), military attire, very rare, 曹锟像宪法成Bidding Has Concluded

Estimate : 50,000.00 – 75,000.00

Sold for (47,500.00 + 9,500.00BP) = 57,000.00

PERU, Cuzco, gold cob 1 escudo, 1698 M, extremely rare, NGC AU 58 (1715 Fleet Shipwreck Label).

311 – PERU, Cuzco, gold cob 1 escudo, 1698 M, extremely rare, NGC AU 58 (1715 Fleet Shipwreck Label).

Sedwick & Associates, LLC

PERU, Cuzco, gold cob 1 escudo, 1698 M, extremely rare, NGC AU 58 (1715 Fleet Shipwreck Label). S-CZ1; KM-A27; Cal-811; Fr-6. 3.36 grams. Excellent fuBidding Has Concluded

Estimate : 30,000.00 – 60,000.00

Sold for (45,000.00 + 9,000.00BP) = 54,000.00

SPAIN, Seville, gold milled 8 escudos, Philip V, 1714 M, NGC MS 65, finest known in NGC census.

1429 – SPAIN, Seville, gold milled 8 escudos, Philip V, 1714 M, NGC MS 65, finest known in NGC census.

Sedwick & Associates, LLC

SPAIN, Seville, gold milled 8 escudos, Philip V, 1714 M, NGC MS 65, finest known in NGC census. Cal-2284; KM-260; Fr-247. A very lustrous and pristineBidding Has Concluded

Estimate : 50,000.00 – 100,000.00

Sold for (45,000.00 + 9,000.00BP) = 54,000.00

PERU, Cuzco, gold cob 2 escudos, 1698 M, HISPANIRVM error, broad flan ("Lima" cut), very rare, NGC M

310 – PERU, Cuzco, gold cob 2 escudos, 1698 M, HISPANIRVM error, broad flan (“Lima” cut), very rare, NGC M

Sedwick & Associates, LLC

PERU, Cuzco, gold cob 2 escudos, 1698 M, HISPANIRVM error, broad flan (“Lima” cut), very rare, NGC MS 64 (1715 Fleet Shipwreck Label), &qu…Bidding Has Concluded

Estimate : 20,000.00 – 40,000.00

Sold for (37,500.00 + 7,500.00BP) = 45,000.00

BOLIVIA, Potosí, cob 8 reales Heart, 1709 Y, NGC XF details / environmental damage, finest and only

655 – BOLIVIA, Potosí, cob 8 reales Heart, 1709 Y, NGC XF details / environmental damage, finest and only

Sedwick & Associates, LLC

BOLIVIA, Potosí, cob 8 reales Heart, 1709 Y, NGC XF details / environmental damage, finest and only example in NGC census, ex-von Schuckmann. S…Bidding Has Concluded

Estimate : 25,000.00 – 50,000.00

Sold for (36,250.00 + 7,250.00BP) = 43,500.00

PERU, Lima, gold cob 8 escudos, 1711 M, legend starting at 6 o'clock, NGC MS 64 (1715 Fleet Shipwrec

307 – PERU, Lima, gold cob 8 escudos, 1711 M, legend starting at 6 o’clock, NGC MS 64 (1715 Fleet Shipwrec

Sedwick & Associates, LLC

PERU, Lima, gold cob 8 escudos, 1711 M, legend starting at 6 o’clock, NGC MS 64 (1715 Fleet Shipwreck Label). S-L28; KM-38.2; Cal-2119; Fr-7. 26…Bidding Has Concluded

Estimate : 20,000.00 – 30,000.00

Sold for (32,500.00 + 6,500.00BP) = 39,000.00

BOLIVIA, Potosí, cob 8 reales Royal (galano), 1704/3 Y, rare, NGC AU 55, finest known in NGC census.

654 – BOLIVIA, Potosí, cob 8 reales Royal (galano), 1704/3 Y, rare, NGC AU 55, finest known in NGC census.

Sedwick & Associates, LLC

BOLIVIA, Potosí, cob 8 reales Royal (galano), 1704/3 Y, rare, NGC AU 55, finest known in NGC census. S-P43a; KM-unl (R31 for type); Cal-unl (Ty…Bidding Has Concluded

Estimate : 15,000.00 – 30,000.00

Sold for (30,000.00 + 6,000.00BP) = 36,000.00

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Sedwick & Associates presents Treasure, World, U.S. Coin and Paper Money Auction 36 Live In-Person & on the Internet, Thursday-Friday, November 7 & 8, 2024

8 Oct

This auction is one of our biggest to date, with many important rarities in coins, currency, and artifacts!
In our Gold Cobs section you will find such trophies as a Seville, Spain, 1681/0/79 S gold cob 8 escudos graded NGC MS 61 (Lot 23) and the finest known Seville, Spain, 1659 (R) gold cob 8 escudos graded NGC MS 63 (Lot 17). Also note a lovely Lima, Peru, 1748 R gold cob 8 escudos graded NGC MS 63 (Lot 37).
Shipwreck Ingots hosts one of the finest selections of shipwreck gold bars that we’ve had so far, with several unique gold ingots from the “Golden Fleece” wreck, the Atocha, the 1715 Fleet, the Luz, and the “Nanking Cargo” (Lots 73-77). Four large silver bars from the Atocha in this sale make a veritable grade set with Class Factors 0.7 up to the perfect 1.0 available for bidding (Lots 82-85).
A new feature in Shipwreck Coins is that gold cobs are now included with their respective wrecks. The Silver Banks Collection hosts over 60 silver cobs recovered from the Concepción by Captain Tracy Bowden (Lots 132-195). There’s an incredible selection of Capitana and Maravillas cobs from the Luis R. Ponte Collection including numerous countermarked pre-1652 shield-type 8 reales along with transitional and post-transitional types. The popular 1715 Fleet features a strong assortment of high-grade gold cobs including a fantastic Mexico City, Mexico, 1715 J cob 8 escudos graded NGC AU 58 (Lot 296) and the spectacularly rare Cuzco, Peru, 1698 M cob 1 escudo graded NGC AU 58 (Lot 311). A selection of U.S. shipwreck coins from the S.S. New York, S.S. Central America, and the S.S. Republic are up for sale including a rare San Francisco Assay Office gold $10 graded PCGS XF45 recovered from the S.S. Central America (Lot 424).
Mexico Silver Cobs has a small but nice group of rare “Early” and “Late” Series Charles-Joanna reales (Lots 448-451). Within Lima Silver Cobs, there are several Philip II rarities including a 4 reales of Assayer Rincón plated in Grunthal-Sellschopp’s The Coinage of Peru (Lot 457) along with many more choice pieces pedigreed to the Luis R. Ponte Collection.
Our robust Potosí Silver Cobs section features more key coins from the Luis R. Ponte Collection including a Philip II cob 8 reales of assayer L (1st period) with denomination o-VIII over P-M to right, a rarity also plated in Grunthal-Sellschopp (Lot 518). A number of very rare Royals from the Potosí Mint are being offered: Watch for the finest known 1704/3 Y cob 8 reales Royal graded NGC AU 55 (Lot 654) and the extremely rare 1709 Y cob 8 reales Heart ex-von Schuckmann (Lot 655) in this section.
Several very important collections are featured in World Coins including the Jorge Becerra Collection of Colombian Colonial Coins, the JEAS Collection of Gold Coins of Independent Colombia, Part I of the Emilio M. Ortiz Collection of Gold Coins, and Part I of the John M. O’Brien Reference Collection of Peruvian Coins. Collectors of classic Chinese coin rarities should watch for Lots 870 through 911 for numerous vintage Chinese coins from the imperial and republican eras with particular highlights being the eye-appealing Tsao-Kun military attire silver dollar of 1923 graded PCGS MS 64 (Lot 906) and the ever-popular Kweichow Year 17 (1928) “Auto” dollar graded PCGS VF 30 (Lot 909). A key coin in this session is the rare Jamaica GR countermarked of 1758 on a Lima, Peru, gold bust 8 escudos of 1751 J graded NGC c/s AU strong pedigreed to the Farouk and Rudman collections (Lot 1282). Spanish gold milled 8 escudos are well represented with several finest known and “top pop” pieces up for bidding including the gorgeous and finest known Seville, Spain, 1714 M gold 8 escudos graded NGC MS 65 (Lot 1429). Chile is another very strong area in this sale with many Spanish colonial and Republic gold and silver types available for the expert collector including the very rare Coquimbo 1828 TH “volcano” peso graded NGC AU 50 (Lot 830).
The curated Medals and Decorations section hosts several tough Bolivian medals and orders including a gold Ingaví millitary decoration of 1841 (Lot 1458). We also present another selection of Admiral Vernon medals from the prestigious John Adams Collection (Lots 1465-1486). Within U.S. Coins, Medals, and Tokens there are several important early American rarities, notably an amazing 1787 Fugio cent graded NGC MS 66 Brown—a lofty “top pop” grade for this historical type (Lot 1500). Other highlights include a 1883-S gold $20 double eagle graded PCGS AU53 from the Saddle Ridge Hoard (Lot 1490) as well as an 1894 gold proof $2½ quarter eagle graded NGC PF 58 (Lot 1491). The U.S. Paper Money section has several tough Obsoletes including two Civil War-era State of Florida notes (Lots 1506 and 1507). World Paper Money hosts many beautiful, high-grade, Latin American specimens and proofs including the finest known Costa Rica Banco Mercantil specimen 20 colones graded PMG Superb Gem UNC 67 EPQ (Lot 1523) and a very rare PMG-graded set of five Dominican Republic progressive proofs from 1978-1982 (Lot 1536).
The fifth session of our sale starts with Ancient and Medieval coins with many popular Ancient Greek, Roman, and Byzantine designs, including a beautifully toned Imperial Roman silver “elephant” denarius of Julius Caesar (Lot 1561) and a lustrous NGC-graded Mint State Byzantine Empire gold solidus of Justinian II (Lot 1565). Following that, the popular Coin Jewelry section hosts many gold and silver shipwreck, Spanish colonial, and ancient coins mounted into settings and ready for wearing.
This auction has a very strong Shipwreck Artifacts section featuring many pieces from the Concepción salvage work done by Captain Tracy Bowden as well as pieces he recovered from Bannister’s pirate ship Golden Fleece sunk off the Dominican Republic in 1686—an historic first offering of a new pirate shipwreck!—in addition to items from the Guadalupe and Tolosa of 1724. The Non-Wreck Artifacts section holds an array of fossils (Lots 1640-1650) as well as historical items like a sword presented in 1856 to Heinrich Halfeld for engineering work in Minas Gerais, Brazil (Lot 1654). We close out the sale with the online-only Express session featuring over 400 lots from all categories.
We wish you all good luck and hope you find the next great treasures for your collection in this sale!

For more details about the auction email us or call us.

Event Summary
Start Date: Wednesday, November 6, 2024 (Lot viewing and educations talks)

Educational Talks:
2:00 – 2:45 PM: Jorge Becerra Leon (Bogotá,) – “Colonial Colombian Coins”
3:00 – 3:45 PM: Jorge Ugaz (Lima,) – “The Cob Coinage of El Peru” (Spanish)
4:00 – 4:45 PM: Ignacio Gutierrez (Madrid) – “Los Doblones de a Ocho”
5:00 – 5:45 PM: Emilio M. Ortiz (Puerto Rico,) – “Gold Coinage of The Caribbean”
6:00 – 6:20 PM: Charlie Winn – (Representing The 1715 Fleet Society)
6:45 – 8:00 PM: Invitation-only cocktail reception at SpringHill Suites.

Thursday, November 7, 2024
9:00 AM: Floor auction with live internet bidding begins Gold Cobs | Shipwreck Ingots | Shipwreck Coins | Silver Cobs by mint

Friday, November 8, 2024
9:00 AM: Floor auction with live internet bidding continues:
World Coins (by country) | Medals and Decorations | U.S. Coins | Paper Money
Ancient Coins | Coin Jewelry | Artifacts

9:00 PM: Express Session (selected items from all categories)

Saturday, November 9, 2024
9:00 – 11:30 AM: Lot pick-up

For Hotel reservations please follow this LINK

SpringHill Suites Winter Park 1127 North Orlando Avenue | Winter Park, Florida, USA, 32789

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400-year-old gold bar from famous shipwreck to be sold in May auction

26 Apr

When the Spanish treasure galleon Nuestra Señora de Atocha sank in 1622 off what is now Key West, Florida, she took down untold treasures in gold and silver. And now a particularly famous piece of treasure from the wreck is crossing the auction block.

One of the largest gold bars ever recovered from a Spanish colonial shipwreck is up for sale on May 7th in an auction conducted by Daniel Frank Sedwick, LLC in Winter Park, Florida.

The gold bar, listed in the sale as lot 96, weighs over 5 pounds (2,274 grams), measures 8-3/4” x 1-1/2” x ¾”, and consists of 17-karat gold mined in the New World. The unique bar features eight circular royal tax stamps bearing the King of Spain’s name as PHILIPPVS III along with five XVII (17-karat) gold fineness markings. The bar also possesses a single foundry and assayer mark reading SEBATN / ESPANOL at the center, a mark that is both unattributed and only found on two gold bars recovered from the Atocha.

This 5-pound gold bar recovered from the famous Atocha shipwreck sunk in 1622 is up for auction on May 7th in Daniel Frank Sedwick, LLC’s Treasure Auction 35

The gold bar’s pre-auction estimate is $200,000 and up.

“This Atocha gold bar is a crowning treasure piece from the most popular salvaged shipwreck treasure ever,” said Daniel Frank Sedwick, owner and founder of the auction firm. “With its high intrinsic value in Spanish colonial gold plus its incredible historical value, it will be a trophy piece for its next owner.”

The gold bar was created in the early 1600s at a Spanish colonial foundry processing gold and silver mined throughout South America. After being transported overland to Panama City, this gold bar, among others, was loaded in mid-1622 aboard the Spanish treasure galleon Nuestra Señora de Atocha. The Atocha, a three-masted galleon constructed just two years prior, was to carrya vast treasure of gold and silver ingots, Colombian emeralds, and silver coins all bound for mainland Spain.

When the Atocha departed her final port at Havana, Cuba on September 4th, 1622, she was the almiranta, the lead ship, of the 28-ship 1622 Fleet. The Fleet was a vital link in Spain’s finances as the gold and silver from the New World funded the royal treasuries. In addition to the treasures on board, the Atocha carried her crew along with soldiers and passengers, around 265 people in all, intending to cross the Atlantic Ocean and return to Europe.

Just two days out from Havana, the Fleet was engulfed by a hurricane while approaching the Florida Straits. Amid the storm, the Atocha was wrecked and torn apart upon a reef off the Florida Keys. Only five people survived the sinking, having clung to the highest remaining mast of the ship as it sank. The wreck of the Atocha was further scattered just a month later during another storm, preventing the Spanish colonial authorities from salvaging any of her precious cargo spilled across the ocean floor.

“Atocha Meets Her Fate,” by Ralph Curnow (2009)

The treasure of the Atocha did not see light again until 1971, when the first coins were found by the now-famous salvager Mel Fisher and his divers. Throughout legal battles and personal tragedies, the salvage group eventually recovered the bulk of the treasure in 1985 and thereby unleashed the largest supply of silver cobs and ingots the market has ever seen.

This gold bar will be auctioned along with its photo-certificate issued by the Fisher salvage company in 1985. The bar also boasts a pedigree to the Christie’s Atocha auction of June 1988 as lot 90.

Other treasures from the Atocha in the upcoming Sedwick auction include:

– a large silver ingot from Oruro weighing over 88 troy pounds (Lot 105) estimated at $30,000 and up.

– a silver ingot from Potosí weighing over 82 troy pounds (Lot 106) estimated at $25,000 and up.

This large silver “piña” ingot weighing 5,335 grams, one of just three recovered from the Atocha shipwreck, is also featured in auction

– a very rare silver piña ingot, one of only three known from the Atocha, weighing 5,335 grams (Lot 107) estimated at $15,000 and up.

– over 180 silver coins from Potosí, Mexico City, and Lima including 19 high grade pieces from the Bill Barman Collection of Atocha Research Coins

“To have this amazing gold bar alongside all these other treasure pieces from Atocha in a single auction is a feat not seen on this market in decades,” said Sedwick. “And it won’t be seen again anytime soon.”

The three-day auction will be held live online at auction.sedwickcoins.com. The Atocha gold bar can be viewed on the auction site here: https://auction.sedwickcoins.com/Large-gold-ingot-77-2274-grams-marked-with-fineness-XVII-17K-foundry-assayer-cartouche-SEBATN_i52415344. For more information, contact Daniel Frank Sedwick, LLC by email at office@sedwickcoins.com.

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Time to Sell in Sedwick’s next Treasure, World, U.S. Coin & Paper Money Auction

29 Jul

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Looking to consign? Contact us today! Email us at office@sedwickcoins.com or call our office at 407.975.3325 (Consignment deadline August 20, 2018)

Our sixth live floor auction (Treasure, World, U.S. Coins & Paper Money Auction #24) will take place on November 2-3, 2018 at the DoubleTree Suites Hotel at Disney Springs, just minutes from Walt Disney World. We invite you to attend and take part in the outstanding opportunities this event offers, whether as a consignor or a bidder:

  • Educational presentations the day before the auction (November 1) by numismatic and shipwreck experts from around the world, including: Barry Clifford, underwater explorer and discoverer of the pirate treasure ship Whydah (1717); Dr. Kris E. Lane, Tulane University professor of colonial Latin American history and researcher on the colonial history of the Andes, mining, piracy, and global trade; and Emilio M. Ortiz, professional numismatist, researcher and author.
  • Networking with other collectors and dealers at our pre-auction dinner (November 1)
  • Lot viewing for all lots the day before and during the live auction right next to the auction room in the hotel
  • Live bidding in our state-of-the-art auction room

The special room rate will be available until October 9th or until the group block is sold out, whichever comes first. Booking a reservation is simple: Just click here to receive our preferred group rate: “Book a Room“

If you prefer to make your reservation by phone, please call 1-800-222-TREE(8733) and specify group code “SED”. Hotel address and details as follows: DoubleTree Suites by Hilton Orlando – Disney Spring Area | 2305 Hotel Plaza | Lake Buena Vista, Orlando, Florida – USA 32830 – Tel: +1-407.934.1000 | Fax: +1-407.934.1015

Interested in selling your collection or individual pieces? Take advantage of this unique opportunity to consign to our Fall Floor Auction. Now is a great time to buy or sell thanks to a robust market, our expertise and integrity in Spanish colonial and shipwreck coinage, and our exhaustive marketing efforts. Every item in our auctions is well researched, cataloged and photographed, and presented in professionally printed catalogs that become important references. We take auction lots to coin shows around the country for viewing, send out promotional literature, and personally get in touch with important collectors around the world.

¡Hablamos su idioma! Our multilingual staff deals with the most important Latin American bidders and buyers on the market. We are able to travel and talk to all our Hispanic bidders and consignors, which creates a level of comfort that draws even the most private participants to our venue.

  Contact us now to place your items in our upcoming sale! Here is what we are seeking:

•  Choice and important Spanish colonial cobs from Mexico, Lima and Potosí
•  Collections of Latin American coins, particularly Costa Rica, Cuba, Mexico, and Peru
•  Gold bars and artifacts from the Spanish Fleets of 1622 (Atocha and Santa Margarita)
•  US coins and world paper money

Please come see us at the following show to consign to our auction:
• August 14-18, 2018: ANA World’s Fair of Money (booth #1333), Philadelphia, PA

And at the following shows to view the auction lots:
•  October 11-13, 2018: U.S. Mexican Numismatic Association Convention, Scottsdale, AZ
•  October 25-27, 2018: Whitman Baltimore Winter Expo, Baltimore, MD

Our auctions are known worldwide as the best place to buy and sell the kinds of coins and artifacts you love to collect or sell! We look forward to hearing from you soon to help you with your collecting or selling needs, and we hope to see you at one of our upcoming shows AND in Orlando in November for our live floor auction.

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Historical regulated $15 gold coin to appear in Sedwick auction

13 Mar

In the early years of the United States of America, a lack of gold coinage forced citizens to utilize an unusual but practical source. Known as regulated gold, these were foreign gold coins adjusted by respected goldsmiths to weights compatible with US dollars. One such piece, an NGC-graded XF 40 Lima, Peru, cob 8 escudos dated 1741 struck during the reign of Philip V of Spain and regulated by Boston goldsmith Joseph Edwards, Jr. (1737-1783) to $15 in circulating value, will cross the auction block in Daniel Frank Sedwick’s Treasure Auction 23. The sale will be held online at auction.sedwickcoins.com on May 15-16, 2018. The auction firm’s estimate for this coin is $100,000 and up.

regulated

An NGC-graded XF 40 $15 regulated gold piece made from a Lima, Peru, cob 8 escudos dated 1741 by Boston goldsmith Joseph Edwards, Jr., ca. late 1700s.

“This is a very important piece for both the Spanish colonial coin collector as well as the US collector,” said company president Daniel Sedwick. “Never before have we offered such a significant gold coin; the dual-nation history it represents goes far beyond a simple countermark.”

The lot represents the only known gold piece regulated by Joseph Edwards, Jr. Edwards was a third-generation goldsmith from a prominent Boston family. He learned his craft from one of his uncles, Thomas or Samuel, and became a prosperous metalworker himself. The coin is also unique with a US dollar-denominated regulation on a Spanish colonial 8 escudos cob. Furthermore, it is pedigreed to the Julius L. Brown collection and was sold in the S.H. Chapman auction of 1911 as lot 343.

Also appearing in Sedwick’s auction is a group of ingots recovered from seven different shipwrecks. The top ingot lots are three large silver bars recovered from the Atocha, sunk in 1622 in the Gulf of Mexico. The finest one is a Class Factor 1.0-graded bar (the highest grade attainable for bars from the wreck) weighing in at 88 troy pounds, 3.84 troy ounces and dated 1621. It has an estimate of $30,000 and up. The other two large bars, with Class Factors 0.7 and 0.9, are estimated at $20,000 to $30,000 each. Another Atocha ingot of note in this auction is a rare cylindrical “piña” weighing 4,312 grams, estimated at $15,000 and up.

9879833_1

Tax stamps in the name of King Philip III of Spain and fineness markings can be seen on the top of this unique “piña” ingot from the Atocha (1622).

Other top lots include:

  • A Lima, Peru, gold cob 8 escudos dated 1712 recovered from the 1715 Fleet and graded by NGC as MS 62, estimated at $12,500.
  • Half of a gold “finger” bar weighing 439 grams recovered from the “Golden Fleece wreck,” sunk ca. 1550 in the northern Caribbean, estimated at $17,500 and up.
  • A Costa Rica 8 reales 1846JB counterstamp on a Guatemala cob 8 reales dated 1739, estimated at $7,000 to $10,000.
  • An 1856-S Coronet Head Liberty $20 graded by NGC as UNC Details / sea salvaged from the “Fort Capron treasure,” estimated at $3,000 to $4,500.
  • A Puerto Rico 20 pesos specimen bank note circa 1889 graded by PMG as Gem UNC 65 EPQ (the finest and only known example in the PMG census), estimated at $1,500 and up.
  • Selections from the Richard Stuart collection mainly focusing on Honduras and Nicaragua provisional issues.
  • The James Bevill collection of Mexican coins and paper money, including several plated in his Texas history book The Paper Republic.
  • The Ricardo Muñiz collection of Mexico City, Mexico, pillar 1 reales.

Bidders can register for the auction at www.auction.sedwickcoins.com. The auction catalog will be available mid-April at www.sedwickcoins.com. For more details, please contact Daniel Frank Sedwick, LLC at office@sedwickcoins.com.

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