Venezuela
Caracas. Republic copper 1/8 Real 1812 XF40 PCGS, Caracas mint, C-21. A rare denomination, the surfaces showing even brown color with most of the loss of detail resulting from an uneven strike and not actual circulation wear. Only the second example we have sold, the last being an NGC VF35 that brought $7,475 in our April 2015 CICF auction.
Estimate: 4000-5000 USD