Unique! Colombia 2 Escudos 1701/1699 "From 1715 Fleet Shipwreck!" NGC 62
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Colombia 2 Escudos 1701/1699 "UNIQUE 4 DIGIT OVER DATE!" From the 1715 Fleet Shipwreck" NGC 62!
Yet, another UNIQUE / FINEST KNOWN 1701/1699 Over Date offered by PIRATE GOLD COINS. Weight 6.76 grams, Diameter 22mm
This is a discovery coin of some historical interest. Lasser (2000) and Restropo (2007) in their definitive studies of the Spanish Colonial coinage of Colombia state that the Bogota escudos 1700-1714 were struck in the name of Carlos II, the final Hapsburg Spanish monach whose death in 1700 triggered the War of the Spanish of Succession. This coin proves that Lasser and Restropo were wrong, but perhaps not far wrong. No other Bogota two escudos 1700-1714 has ever been found with the name of Philip V to the right of the shield (where the reigning soverigns' name belongs). There are other surviving dated 1801 Bogotas recovered from the Fleet, but all of them Carolus II issues. No other specimens from these dies is known to exist!
I speculate that this Philip V die was used only very briefly at the Bogota, perhaps onnly for a day, before nervous higher authorities intervened and ordered the mint to issue no gold in the name of the new and disputer Bourbon monarch Philip V. Philip's accecession was being disputed by a Hapsburg scion who intended to rule as Carolus III. Whatever the political situaiton in Bogota, it must have been very unsettled, because the authorities were clearly afraid to publicly declare their allegiance to the Bourbon Philip. This coin is unique evidence of their panic when they saw a Bourbon coinage emanating from the Bogota mint. Bogota played it safe and issued no other Philip gold until 1715!
Joe Lasser found a single undated Bogota two escudos struck in the name of Carolus II but with Philip's name placed irregularly on the reverse (cross side). Lasser concluded this was an error, though he treasured the coin as a highlight of his collection. It sold in January 2005 for more than $3,700 and subsequently resold for considerably more.
This bogota two escudos also has special numismatic interest for another reason. It is a four digit 1701 over 1699 overdate! Unique as such. Between the 0 and 1 is puzzling lump of metal. The die cutters in trying to efface the first 9 of the 1699 cut too deep and the die chipped, creating an ususable pit in the die. Undaunted, they simply left their mistake and moved to the right, positioning the final 1 of the 1701 over the second 9. No other overdate of this sort is known!
'Click Here to read more about 1715 Plate Fleet Shipwreck'
Yet, another UNIQUE / FINEST KNOWN 1701/1699 Over Date offered by PIRATE GOLD COINS. Weight 6.76 grams, Diameter 22mm
This is a discovery coin of some historical interest. Lasser (2000) and Restropo (2007) in their definitive studies of the Spanish Colonial coinage of Colombia state that the Bogota escudos 1700-1714 were struck in the name of Carlos II, the final Hapsburg Spanish monach whose death in 1700 triggered the War of the Spanish of Succession. This coin proves that Lasser and Restropo were wrong, but perhaps not far wrong. No other Bogota two escudos 1700-1714 has ever been found with the name of Philip V to the right of the shield (where the reigning soverigns' name belongs). There are other surviving dated 1801 Bogotas recovered from the Fleet, but all of them Carolus II issues. No other specimens from these dies is known to exist!
I speculate that this Philip V die was used only very briefly at the Bogota, perhaps onnly for a day, before nervous higher authorities intervened and ordered the mint to issue no gold in the name of the new and disputer Bourbon monarch Philip V. Philip's accecession was being disputed by a Hapsburg scion who intended to rule as Carolus III. Whatever the political situaiton in Bogota, it must have been very unsettled, because the authorities were clearly afraid to publicly declare their allegiance to the Bourbon Philip. This coin is unique evidence of their panic when they saw a Bourbon coinage emanating from the Bogota mint. Bogota played it safe and issued no other Philip gold until 1715!
Joe Lasser found a single undated Bogota two escudos struck in the name of Carolus II but with Philip's name placed irregularly on the reverse (cross side). Lasser concluded this was an error, though he treasured the coin as a highlight of his collection. It sold in January 2005 for more than $3,700 and subsequently resold for considerably more.
This bogota two escudos also has special numismatic interest for another reason. It is a four digit 1701 over 1699 overdate! Unique as such. Between the 0 and 1 is puzzling lump of metal. The die cutters in trying to efface the first 9 of the 1699 cut too deep and the die chipped, creating an ususable pit in the die. Undaunted, they simply left their mistake and moved to the right, positioning the final 1 of the 1701 over the second 9. No other overdate of this sort is known!
'Click Here to read more about 1715 Plate Fleet Shipwreck'
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