Philippines 1828 c/s 8 reales KM-24

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Stack's Bowers 2021 ANA sale, lot 41275
photo courtesy Stack's Bowers LLC

This specimen was lot 41275 in Stack's Bowers ANA sale (Costa Mesa, CA, August 2021), where it sold for $8,400. The catalog description[1] noted,

"PHILIPPINES. Philippines - Peru. 8 Reales, 1828. Manila Mint. Ferdinand VII. NGC VF Details--Cleaned. Type I Manila Overstrike, with serrated boarders and reverse legend. Overstruck on a 1826-LIMA JM Peru Republic 8 Reales. A somewhat more available host under-type, for this date (1826-LIMA JM) we have only 11 examples recorded. The strike is strong with bold four-digit date and "MANILA" fully struck up with minor remnants of the serrated boarder to the left of the central design, though slightly unevenly struck with much of the original host design elements such as the mint mark, denomination and assayer's letters being clear. The arms of Spain are nicely detailed and clear with only minor portions of the shields bottom frame missing. A small section of the legend on the left side "LITADO" is mostly clear with other faint remnants around. Evidence of being cleaned long ago as indicated on the NGC insert, now attractively toned displaying light smokey gray patination with areas of slate in the protected areas. A handsome and wholesome looking example with a good amount of the under-type visible and nicely detailed overstrike. From the Benito and Angelita de Legarda Collection. Plated in Monetario de Las Islas Filipinas by Angelita G. de Legarda and Jose P. Bantug pg. 9, published Banco Central de Filipinas, Manila 1979. Plated in Piloncitos to Peso: A brief History of Coinage in the Philippines by Angelita Ganzon de Legarda, M.D. pg. 31 Published Manila, Philippines July 1976."

The authorities in Manila used this counterstamp for a brief period in 1828 to validate incoming pesos for circulation in the Philippines. This does not seem to have been a success so a simple "F-7o" was used after 1832. The SCWC lists thirteen different types receiving this counterstamp with none known on minors.

Recorded mintage: unknown.

Specification: host coin 27.07 g, 0.903 fine silver.

Catalog reference: KM-24; Basso-52; PNM#6-12; PNM#16-24; PNM#21-I-15; Cacho-I-CS-011.

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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