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1858/7, Colombia (Estados Unidos). Gold 10 Pesos Coin. Rare Date! PCGS XF-45!

Mint Place: Bogota Denomination: Gold 10 Pesos Reference: KM-122.1 ($2150 in XF40!) Mint Year: 1858 (last digit re-engraved from 7!) Condition: Certified and graded by PCGS as XF-45!          Material: Gold (.900) Weight: 16.2gm

Obverse: Female head left, wearing  inscribed head-band. Legend: REPUBLICA DE LA NUEVA GRANADA / 1858/7

Reverse: Condor pearched on bannered coat-of-arms, flanked by four flags. Mint name (BOGOTA) below. Legend: DIEZ PESOS * G . 15, 129 *          BOGOTA * LEI 0,900 *

The United States of Colombia (Spanish: Estados Unidos de Colombia) was the name adopted in 1861 through the Rionegro Constitution for the Granadine Confederation, modern-day Brazil, Colombia, Panama and Peru, following years of civil war.

The civil war between 1860-1862 resulted in the dissolution of the Granadine Confederation which had been increasingly subjected to efforts by conservatives to centralize rule over the federal states. The liberal leader, General Tomás Cipriano de Mosquera, defeated the conservative government of President Bartolomé Calvo in 1862 and was installed as new leader. Much power was distributed back to the states from the government in Bogotá.

Following the reforms of earlier years, before the creation of the new federation, the liberals aimed to build the United States of Colombia upon a decentralized, free market system. As with previous liberal presidencies, such as de Mosquera's first two terms as president, a tough stance towards the Catholic Church was taken, much to the dismay of conservatives. Land held by the Church was seized and transferred to industrialists and the influence and rights of the Church was severely limited.

In 1871, the drive for modernization and economic reform led to the Colombian peso being pegged to the French franc as part of the international gold standard.

After several years of intermittent civil wars, in 1886 the Colombian Conservative Party led by President Rafael Núñez proclaimed a new constitution of centralist character that abolished the United States of Colombia and created the Republic of Colombia. The conservatives immediately withdrew Colombia from the gold standard and the subsequent increase of printed currency led to troubling inflation levels.           Meanwhile the new state would continue to be plagued by conflict between liberal and conservative factions, which eventually would lead to the secession of Panama in 1903.