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Winter Park, FL, United States, 2012/10/05 - With a pre-auction low estimate of over $1.5 million Daniel Frank Sedwick, LLC presents their highest-value auction to date - SedwickCoins.com.
As you browse the 1884 lots, you will see trophy after trophy (MANY “finest knowns coins”) interspersed with solid material in gold and silver coins and ingots, plus all kinds of artifacts.
The catalog starts with a bang, featuring a collection of 30 Lima, Peru, 8 escudos among the 85 total gold cobs, most of them from shipwrecks and many in Mint State grade, with lots of rare dates.The World Gold Coins section after that features significant selections from Brazil, including an 1827 Pedro I 6400 reis in AU-55 grade (lot 114), plus an MS-63 dobrão (20,000 reis) of 1726-M (lot 102). All of the Spanish colonies and Latin American republics are well represented, one highlight being a very rare Popayán, Colombia, 10 pesos of 1870 in AU condition (lot 160).
The highest value items, however, are in the Shipwreck Ingots and Shipwreck Artifacts sections: the former includes the largest gold bar (over 2.5kg) we have ever offered from the Atocha (1622) (lot 294), and the latter features several gold chains and an ornate gold vase from the 1715 Fleet (lot 1797) that we believe was meant for anointing the new Queen of Spain!
As always, the bulk of this auction is in shipwreck silver coins and silver cobs. There are several very rare wrecks represented, like the Warwick (1619) and the Whydah (1717), as well as a huge selection of countermarked Potosí cobs from the Capitana (1654) and Maravillas (1656) shipwrecks. An excellent article written by Cori Sedwick Downing about Mexican Charles-Joanna coins precedes a type-collection of choice specimens from that series. Both the Lima and Potosí cobs sections feature several Royal presentation pieces, with more “Star of Lima” cobs than they have ever offered in one auction. The Potosí Rincón 8 reales (lot 1023)--officially the first “dollar” of that mint is an classic rarity and no usually offered at auction--following this rarity there is a long date-runs of pillars-and-waves 8 reales. There are even rare Panama and Colombia cobs.
The World Silver Coins section is dominated by Latin American issues, as always, with several significant trophies in Chile (Valdivia 8 reales 1822, lot 1355), Colombia (Bogotá 8R “pillar dollar” 1770 in MS-63 grade, lot 1367) and Mexico (non-salvage 8R “pillar dollar” 1732, lot 1493), as well as a significant selection of rare early Peruvian Republic. There is even a US “fugio cent” of 1787 (lot 1685)! Also Sedwick features a large selection of medals, mostly from South America, some in gold.
The auction is complemented with artifacts, including cannons, guns and swords among gold chains, emeralds and rare silver and gold items recovered from shipwrecks like The Atocha (1622) and The 1715 Plate Fleet.