Stack's Bowers & Ponterio
August 2016 ANA Auction - Sess. A-C 10-12 August 2016
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PERU. South Peru. 8 Escudos, 1838-MS. Cuzco Mint. NGC MS-63.
Fr-92; KM-171. Later Republic type with REPUB. SUD PERUANA obverse legend, and CONFEDERACION lower reverse legend. Peru was partitioned in 1836 after Bolivian dictator Andres Santa Cruz crushed an army rebellion against Peruvian president Luis Jose de Orbegosos, and created a new confederation. The new state consisted of North and South Peru, which were both then joined administratively to Bolivia. The union was short lived, and ended with the Battle of Yungay (January 20, 1839) when Chile (aligned with dissident Peruvians) toppled the new state. Santa Cruz then fled into exile. The years following the fall of the confederation saw prolonged internal conflict and chaos within both Peru and Bolivia. The piece offered here was from the last year of relative stability. The design features four stars representing the four constituent departments of South Peru, which were comprised of Ayacucho, Cuzco, Arequipa and Puno. The reverse depicts features of South Peru including a volcano and a Inca fortress. The state of preservation is astonishing, with highly reflective nearly prooflike surfaces seen throughout the fields on both sides. Well struck overall, with the fortress and volcano displaying every last detail. A touch of weakness is seen in the lower left flag of the obverse, a trait detectable only because of the complete absence of wear on the balance of the coin. Superior luster and flash overall, and without a trace of tone. For the type, an outstanding example, and a coin that is sure to add significant depth and weight to the collection it joins. NGC MS-63.
Estimate: $15000.00- $18000.00
Fr-92; KM-171. Later Republic type with REPUB. SUD PERUANA obverse legend, and CONFEDERACION lower reverse legend. Peru was partitioned in 1836 after Bolivian dictator Andres Santa Cruz crushed an army rebellion against Peruvian president Luis Jose de Orbegosos, and created a new confederation. The new state consisted of North and South Peru, which were both then joined administratively to Bolivia. The union was short lived, and ended with the Battle of Yungay (January 20, 1839) when Chile (aligned with dissident Peruvians) toppled the new state. Santa Cruz then fled into exile. The years following the fall of the confederation saw prolonged internal conflict and chaos within both Peru and Bolivia. The piece offered here was from the last year of relative stability. The design features four stars representing the four constituent departments of South Peru, which were comprised of Ayacucho, Cuzco, Arequipa and Puno. The reverse depicts features of South Peru including a volcano and a Inca fortress. The state of preservation is astonishing, with highly reflective nearly prooflike surfaces seen throughout the fields on both sides. Well struck overall, with the fortress and volcano displaying every last detail. A touch of weakness is seen in the lower left flag of the obverse, a trait detectable only because of the complete absence of wear on the balance of the coin. Superior luster and flash overall, and without a trace of tone. For the type, an outstanding example, and a coin that is sure to add significant depth and weight to the collection it joins. NGC MS-63.
Estimate: $15000.00- $18000.00