Chile 1833-I peso

Heritage sale 3064, lot 30592

photo courtesy Heritage Auction Galleries

This specimen was lot 30592 in Heritage sale 3064 (Chicago, April 2018), where it sold for $2,160. The catalog description^[1] noted, "Republic Volcano Peso 1833 SANTIAGO-I AU55 NGC, Santiago mint. An issue scarce to find in high grades, this fabulous specimen boasts lightning-strikes of luster through a deep silver-gray patina, precisely struck details showing little wear and the fields showing no significant detracting marks. An unusually highly certified example, and one which is rarely encountered finer. A similar offering graded AU50 NGC in our auction 3057 September 2017 achieved $1,600 hammer." This "volcano peso," one of the most popular South American crowns, was struck 1817-34 in some numbers but the majority of survivors are dated 1817. Circulated specimens are available for a price but uncirculated pieces are rare. The volcano design also appears on silver half, one and two reales of 1833-34.

Recorded mintage: 88,000.

Specification: 27 g, 0.900 fine silver.

Catalog reference: KM 82.2.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
• Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
• Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.
• ^[1]Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.

Link to:

• 1832 peso
• 1833 ½ real
• 1833 ¼ real
• Valparaiso (1833) 4 reales c/m on an Argentina 4 reales
• 1833 escudo
• 1833 2 escudos
• 1834 real
• 1834 2 reales
• 1837-S^O 8 reales
• Coins and currency dated 1833
• return to coins of Chile