Caracas 1814 1/8 real

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Ponterio sale 159, lot 10652
Courtesy Stack's Bowers Auctions

This is a specimen of a type issued 1802-18 by the royalists in Caracas, Venezuela. Like most local issues produced outside the major mints (Lima, Potosi, etc.), it usually comes crudely struck. The city fell to the Colombians in 1821, who issued silver quarter reales (KM C31). Venezuela attained separate independence in 1830.

This specimen was lot 10652 at the Ponterio March 2011 Baltimore Auction, where it sold for $7,670. The catalog description[1] reads: "VENEZUELA. Caracus. 1/8 Real, 1814. Ex: Ponterio 7 Associates Auction #117, January 2002, Lot #7 where it hammered for $7,250. EXTREMELY RARE. Slightly double struck, exceptional condition, some mint luster remaining. CHOICE EXTREMELY FINE."

Recorded mintage: 12,000.

Specification: 2 g, copper.

Catalog reference: Cayón-14799, KM C-1; ST-70 (C1)f.

Source:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Stohr, Tomas, El Circulante en la Capitania General de Venezuela, Caracas, Banco Central de Venezuela, 1998.
  • Stohr, Tomas, Catalogo de Monedas, Ensayos, Fichas y Resellos de Venezuela, Caracas, 1975.
  • Stohr, Tomas, Macuquinas de Venezuela, Caracas, 1992.
  • [1]Ponterio, Richard, Ponterio sale 159: the March 2011 Baltimore Auction, featuring the Len Novotny collection, Irvine, CA: Stack's-Bowers & Ponterio, 2011.

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