Paraguay (1865-70) real

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Sedwick Treasure Auction 28, lot 1148
Sed28-1148r.jpg
Heritage sale 3094, lot 35010
H3094-35010r.jpg

The first specimen was lot 1148 in Sedwick Treasure Auction 28 (Winter Park, FL, November 2020), where it sold for $2,880. The catalog description[1] noted,

"Paraguay (War of the Triple Alliance), 1 real, countermark "S" inside toothed oval (1865-70) on a wavy-edge 1/5 cut of a Bolivian Republic 4 soles of the mid-1800s, very rare, NGC VF 25, ex-Lingford, ex-Baldwin. Bold full countermark (meaning unknown) on a worn host with minimal visible details, sharply-angled cuts, nice old toning (darker in crevices, good contrast). While a slightly different cut from the previous lot, it is clearly Paraguayan (curved) and not Brazilian (zigzagged), from an issue of necessity coinage struck during the war against the Triple Alliance of Argentina, Brazil and Uruguay. H.M. Lingford was a client of A.H. Baldwin in the 1930s and 1940s, who purchased most of his collection intact after his death by suicide in 1950. Pedigreed to the H.M. Lingford collection (stated on label), with original ticket from 1948 stating a pedigree of "AHB coll" (A.H. Baldwin)."

The second specimen was lot 35010 in Heritage sale 3094 (Chicago, August 2021), where it sold for $1,440. The catalog description[2] noted, "Paraguay: Republic Cut Real ND (1865-1870) VF20 NGC. Generally accompanied by a countermark for necessity during the War of the Triple Alliance, and cut vertically from a Bolivia 4 Soles (1853-1859) with a wavy edge, this makes for a rare opportunity to acquire such a fine example without the standard "Co" or "200" countermarks. Ex. Whittier Collection (Heritage Auction #410, June 2006, Lot 17367). From the Long Island Collection." The cut one reales shown in the SCWC as KM B2 and KM C2 have a large "1" counterstamped on them.

Recorded mintage: unknown.

Specification: silver, this specimen 1.87 grams.

Catalog reference: Pratt-MR8; KM-unl.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Sedwick, Daniel Frank, Augi Garcia and Cori Sedwick Downing, Treasure Auction 28, featuring the Dr. Peter Jones and John O'Brien collections, Winter Park, FL: Daniel Frank Sedwick LLC, 2020.
  • [2]Cristiano Bierrenbach, Warren Tucker and Sam Spiegel, ANA WFOM World & Ancient Coins Platinum Night Signature Auction #3094, featuring the Cape Coral Collection, the WTR Collection and the Monaco Collection, Dallas, TX: Heritage Auction Galleries, 2021.

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