Philippines (1832-34) c/s 8 reales KM-A84

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Stack's Bowers 2021 ANA sale, lot 41292
photo courtesy Stack's Bowers LLC

This specimen was lot 41292 in Stack's Bowers ANA sale (Costa Mesa, CA, August 2021), where it sold for $31,200. The catalog description[1] noted,

"Very Attractive High Grade Early Cuzco, PHILIPPINES. Philippines - Peru. 8 Reales, ND (ca. 1832-34). Manila Mint. Ferdinand VII. NGC AU-50; C/S: AU Standard. Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the obverse of a 1826-CUZco G Peru Republic 8 Reales. Always in demand mint, the early dates (1826-29) are scarce to EXTRMELY RARE, especially in this high state of preservation. For this early type we have only eight examples documented bearing the F.7.0 countermark, all 5-4-1-C crown variety, for this date we have only the present piece recorded. The countermark is deeply impressed with bold details and hints of remaining luster in the protected areas. This highly attractive representative of the early type exhibits light signs of handling consistent for the grade with wear primarily confined to the high points and exposed fields. The surfaces are relatively smooth with trivial marks or abrasions as would be expected from its preservation, displaying lovely cabinet patina with plenty of underlying luster. From the Angelita and Benito Legarda Collection."

This counterstamp was applied 1832-34 to Latin American pesos arriving in Manila from the newly independent republics, none of which were recognized by Spain. The SCWC lists over forty different types receiving this counterstamp. Counterstamped minor coinage is rare.

Recorded mintage: unknown.

Specification: host coin 27.07 g, 0.903 fine silver.

Catalog reference: KM-A84; Basso-55; PNM#6-Not listed; PNM#16-147; PNM#21-VI-123; Cacho-Not listed; Gil-5-4-1-C.

Source:

  • Basso, Aldo P., Coins, Medals and Tokens of the Philippines, Menlo Park, CA: 1968.
  • Ganzon de Legarda, Angelita, Piloncitos to Pesos, A Brief History of Coinage in the Philippines, Manila: Bancom Development Corporation, 1976.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, 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.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The August 2021 ANA sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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