Chile 1786-So DA 8 reales

from the Stack's Bowers 2020 NYINC sale, lot 20218

This specimen was lot 20218 in Stack's Bowers NYINC sale (New York, January 2020), where it sold for $4,320. The catalog description^[1] noted, "CHILE. 8 Reales, 1786-So DA. Santiago Mint. Charles III. NGC EF-45. A very boldly struck coin that faces up rather well with perfect centering, light even wear and moderate gray and purple toning that traverses both sides. Upon magnified inspection, a small amount of residue on Charles III's cheek and some intentional circular handling in the right obverse field are observed, but both occurrences have only trivial influence on the in-hand appearance. A RARE to VERY RARE date, this piece is the finest of two certified, with the other piece receiving an EF - Details grade at NGC. From the Santa Fe Collection. Ex. Garcia Collection (Chile)." Despite what seems to be a fairly substantial recorded mintage and nearly continuous production during 1773-89, Santiago portrait eight reales of Charles III are almost as scarce as pillar dollars from that mint.

Recorded mintage: 149,000.

Specification: 27.07 g, 0.903 fine silver.

Catalog reference: Cayón-12117, KM-31; FC-24; EL-35; Cal-Type-110 # 1025.

Source:

• 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.
• Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
• Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
• ^[1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The January 2020 NYINC Sale: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 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.

Link to:

• 1784 8 reales
• 1786 real
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• Guatemala 1786-NG M 8 reales
• Peru 1786-L MI 8 reales
• Mexico 1786-Mo FM 8 reales
• Bolivia 1786-PTS PR 8 reales
• 1786 escudo
• 1786 8 escudos
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• Coins and currency dated 1786