2018-10-27 Sat

Daniel Frank Sedwick’s Treasure Auction 24 will be offering several interesting coins on 2nd and 3rd November. One of the highlights is a set of Cuban gold coins with all six denominations - 1, 2, 4, 5, 10 and 20 pesos, struck in 1915 by the Philadelphia mint for the Republic of Cuba. Designed by U.S. Mint Chief Engraver Charles Barber, all coins in the set are graded as specimen strikes by NGC. They are the only existing examples of their type.

The 5 pesos does not have the specimen surfaces like other coins in the set. However, it was well struck and specially handled. Graded NGC MS 66+, it us the finest known coin of its type. The 1 peso coin has an estimated value of $2,000 while the 20 pesos coin has an estimated value of $20,000. The set will be a part of Treasure Auction. The Auction house hopes to attract a lot of coin lovers and experts for the bidding.

Another highlight in the Treasure Auction is an NGC MS 64 1715 Mexico gold cob 8 escudos which was discovered from the 1715 Fleet shipwreck. The coin has an even, round planchet with clear designs. It was being transported in a ship from the 1715 Fleet. The ship sank near Florida’s east coast on 31st July 1715. The Real Eight Company discovered the coin after almost 250 years. It was last offered at the Schulman auction in November 1972. This time, the coin has an estimated value of $35,000 to $50,000.

Image Courtesy: Sedwick’s Treasure Auction