Philippines (1834-37) c/s 8 reales KM-109

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Stack's Bowers 2015 NYINC sale, lot 1400
photo courtesy Stack's Bowers LLC

This specimen was lot 1400 in Stacks-Bowers NYINC sale (New York, January 2015), where it sold for $998.75. The catalog description[1] noted, "PHILIPPINES. 8 Reales, ND (Decree of December 20, 1834, suppressed March 31, 1837 (By Decree of February 1, 1836). Type VI countermark, Crowned Y.II. within circle. On an 1835-Ba RS Colombia 8 Reales. Scarce host coin. Countermark weakly struck, uneven and off center, with die crack at 7 o'clock. Remnants of mount removal at 12 o'clock and 6 o'clock. Light wear with light attractive toning. Countermark VERY FINE, host coin NGC AU Details--Mount Removed." This counterstamp was applied 1834-37 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: 27.07 g, 0.903 fine silver.

Catalog reference: Cayón-17161, KM-109; Basso-43; PNM#6-217; PNM#16-199; Cacho-Type IX CS-006; Lopez-Chavez Yriarte-Type IV group A; Gil-Crown variety not listed (5-2-2).

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 Felipe VI, 1474 a 2020, Barcelona: Aureo & Calicó, 2019.
  • [1]Ponterio, Richard, The January 2015 NYINC Auction: Ancient Coins, World Coins & Paper Money, Featuring the John W. Adams and Ray Czabor Collections, Irvine, CA: Stack's Bowers LLC, 2014.

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