Two key Spanish high-denomination rarities are set to draw much attention during Daniel Frank Sedwick’s Nov. 4-5 Treasure Auction 30 to be held live in-person and online.
The first is a gold 4 excelentes struck at the Segovia Mint during the reign of King Ferdinand and Queen Isabel of Spain. The design is notable for featuring detailed portraits of both the King and Queen facing each other on the obverse. This example is graded by NGC as AU 50 and boasts a pedigree to the Archer M. Huntington Collection of Coins from the Hispanic World. The auction firm’s estimate for the coin is $30,000 and up.
Another important Spanish coin to be sold is a massive 50 reales, also struck at the Segovia Mint, dated to 1620 during the reign of King Philip III. Also known as a “cincuentin,” this coin has a diameter of 75 millimeters and weighs in at 170 grams. It is the highest-denominated silver reales coin struck by the Kingdom of Spain. This example is graded by NGC as XF 40 and, because it bears the overdate of 1620/10, it is the sole coin listed for its type in the NGC census. The estimate on the coin is $30,000 to $45,000.
Serious Spanish collectors will also want to view the J.O.B. Collection of Seville 8 Escudos offered in the auction. This collection was built over several decades with a goal of assembling the finest examples that could be found on the market. Thus, many of the lots offered are the finest examples seen by NGC.
A key coin in the J.O.B. Collection is a gold cob 8 escudos dated 1644 with assayer initial R graded NGC MS 63. This piece is the only coin in the NGC census with none graded by PCGS. It is also the plate coin for its type in Calico’s La Onza (2004) reference book. The coin’s estimate is $25,000 and up.
As the foremost expert on shipwreck coins, Sedwick is offering in this auction many coins from important shipwrecks like the Atocha (1622), Capitana (1654) and the 1715 Plate Fleet. A notable rarity to be sold is a Mexico gold cob 8 escudos Royal dated 1711 with assayer’s initial J recovered off Florida’s Treasure Coast from a 1715 Fleet wrecksite. A scant number of these specially struck coins have been salvaged from the 1715 Fleet and very few have ever been offered publicly. This piece, graded by NGC as UNC details and pedigreed to the Rudman Numismatic Cabinet, is estimated at $25,000 and up.
A pair of Asian coin rarities will appear in the sale’s World Coins section. A Japanese proof silver 20 sen dated Meiji year 13 (1880) graded NGC PF 62 is thought to be only the second example to appear on the market in recent times. It is the second finest example of just two listed in the NGC census, with none listed in the PCGS census. The coin is estimated is $35,000 and up.
Another rarity to be offered is a Chinese silver “Memento” Sun Yat-sen dollar dated 1912 with the desirable lower five-pointed stars variety. It is graded PCGS MS62 and has an estimate of $10,000 and up.
The auction catalog became available in early October for online viewing and pre-bidding. Interested bidders can register in advance at auction.sedwickcoins.com.