4 Escudo    (sold for $16450.0)

1841,
COSTA RICA. 4 Escudos, ND (Decree of December 24, 1841). San Jose Mint. PCGS AU-53 Secure Holder.

Finest Certified Countermarked Costa Rican 4 Escudos

Fr-2a; KM-29; Gurdian-pg.63, Type VII; Resello de Costa Rica-pg.23. Type-II countermark: Radiant six pointed star, rosette at center all in a 4 mm circle. On a central American Republic 1837-CR-E 4 Escudos applied at the base of the Ceiba tree. According to Jorge Murillo, author of "Historia de las Monedas de Costa Rica", due to the introduction of counterfeit ounce and a half ounce gold coins (8 and 4 Escudos) by Julian Fabrega in Leon, a full investigation was launched in Nicaragua. By the decree of December 24, 1841 it was stated that all coins bearing the seal of the Central American Republic and any foreign coins, no matter what size were to be countermarked. Only the silver coinage that was countermarked has a small circular piece extracted to test the purity and to pay for the work of countermarking. The only known genuine host coins for the gold issues are the 1837-CR-E 4 Escudos and 1835-CR-F 2 Escudos of which we have been able to track down five specimens of the 4 Escudos, with this piece being a newly discovered sixth example. Of the six examples, we have determined that this is the finest. VERY RARE and very interesting. Sharply struck with virtually full details in the leaves of the Ceiba tree, with only slight signs of wear. The reverse is fully struck up with full details in the face and mountains. Lustrous with light attractive toning. Contermark AU Details, host coin

PCGS#: 708697
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Price
This coin has been sold for   $16450.0 / 2014-06-13

Transaction details: https://www.hobbyray.com/page-cache/2ae27f6e851f403da4be7a6885ca4aeb.html
Posted by: anonymous
2015-05-01
Coin Group
 Denomination: 4 Escudo
 Metal: Gold
 State: Costa Rica
Federal Republic of Central America ...
 Catalog reference:
  KM-29 16
  Fr-2
 
Description:   English
Coin variations: 4 instance(s)
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