Skip to main content
Go to accessibility notice

    Description

    Quito Transposed Legends 1 Real 1838 -ST, KM20, XF40 PCGS. Completing the remarkable trio offered in this sale from the Real of Quito in 1838 is the transposed legends sub-type. For unexplained but obviously intentional reasons, sometime in 1837 (under assayer FP), and apparently only very briefly during 1838 (under assayer ST, an individual who only worked this year), the position of the primary central motif details were switched from one side to the other. It could be that this was done to control some particular batch of emissions, perhaps prepared for a different area of the country or political zone. Another possibility is that the assayer FP, who had been the assayer only for about two years, beginning sometime around the end of 1835 or beginning of 1836, left his position suddenly and thus before new dies (with some new assayer's letters) could be prepared. Noting that the 8 Escudos, essential a presentation coin in impoverished Ecuador in 1838, exists in all three assayers (FP, ST and MV), one might conjecture that some competition for the assayer position in 1838 caused the advent of the atypical assayer appearances, variations and production levels. Do also note the awkward location of the ST within the transposed legends, positioned on the side not containing the date. This rarity is slightly nicer than the Dana Roberts' collection piece offered in Chicago last year under lot 23819 which sold for $2300.
    From The Glenn Gilman.


    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    World and Ancient Coin Bibliography

    Auction Info

    Auction Dates
    Apr-May, 2012
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 302

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 10 days left to consign to the 2019 March 13 - 16 US Coins Signature Auction!

    Learn about consigning with us

    I want to thank you for all of your assistance relative to my coin collection.
    Alan D.,
    Boston, MA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 January 9 - 14 FUN US Coins Signature Auction - Orlando
    2019 January 9 - 14 FUN US Coins Signature Auction - Orlando
    REALIZED $43,653,528
    2019 January 15 - 16 World Coins Signature Internet Auction - Dallas
    2019 January 15 - 16 World Coins Signature Internet Auction - Dallas
    REALIZED SO FAR $2,746,346
    2019 January 10 - 14 FUN World Currency Signature Auction - Orlando
    2019 January 10 - 14 FUN World Currency Signature Auction - Orlando
    REALIZED SO FAR $2,430,907