NumisBids
  
Daniel Frank Sedwick, LLC
Treasure Auction 19  18-19 May 2016
View prices realized

Lot 1180

Starting price: 3500 USD
Price realized: 4000 USD
Find similar lots
Share this lot: Share by Email
Argentina (River Plate Provinces), Potosi mint, 1 sol, 1815FL, encapsulated NGC MS 66, with WINGS gold sticker, rare, finest known in NGC census by three grades, ex-Derman (stated inside slab). A perfect coin for the rare type (note the lack of photo in KM), with choice centering, full and deep luster, and light reddish toning highlighting the sunface detail, more deeply and evenly struck than any other specimen of this type we have ever seen. Particularly noteworthy is the full thumb on the clasped hands holding the Liberty Cap, an aspect that is seen on only a few of the crown-sized 8 soles. Nothing remotely similar to this kind of detail can be found on any other minors of this series. For comparison we could find records of only two sales of this issue: A worn and holed specimen in the Dana Roberts collection, and a VF-XF we sold in Auction #17 that was pedigreed to three famous collections. In fact, prior to 1978 when the current coin was obtained out of Buenos Aires, the local scholars of the time (including both Dermans and Dr. Jorge Ferrari) studied it very carefully and determined that the extra clarity of strike on this specimen made it a probable "first strike" or presentation piece of some sort (only one die is known for both obverse and reverse). This theory has not been further explored till now due to the fact that this coin has been off the market and residing in North America since 1978. A true numismatic gem deserving of placement in a top Argentine or Potosi-mint collection. Acquired from Alberto "Coco" Derman in 1978.

Estimate: $3500 - 7000
Question about this auction? Contact Daniel Frank Sedwick, LLC