Lot 1038
Colombia - Granadine Confederation. 20 Pesos, 1859 (Bogota). Fr-87; KM-130. 32.24 grams. Diademed head of Liberty left. Reverse: Bannered arms surmounted by Condor; value, finess, and mint. Centers a little soft as typical. Fields proof-like and quite clean. Rare in this state of preservation. One year type, and one of the finest known. NGC graded AU-58.
The Grenadine Confederation was a short lived (1858-1863), attempt to placate the various states of Colombia that desired more autonomy. The history of this period, including the violent Civil War, was very complex. Suffice it to say, it was a power struggle between the individual states who wanted greater autonomy, and the central government, which wanted more central control. There are parallels here to the Civil War of the United States. Similar to the conflict in the United States, the central government eventually won.
Estimated Value $8,000 - 9,000.
Illustrated in Money of the World, coin 172.
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| Realized $21,275 |
