Heritage World Coin Auctions
NYINC Signature Sale 3051 8-9 January 2017
View prices realized
► Sale information
Find similar lots
Mexico
Unknown. "TP" countermark on 1711 Mo-J Philip V "Royal" 8 Reales XF Details (Holed) NGC, KM-Unlisted (upon KM-R47), Lazaro-67 (R3). 44mm/25.68g. An incredible rarity, a numismatic mystery and a stunning presentation all wrapped into one. As a "Royal" strike of the date, very rarely encountered, with a somewhat crudely engraved design (compare to the 1717-dated example of Philip V in the next lot), but bold placement on a broad, nicely rounded flan. A neatly placed hole has been made near 7 o'clock on the obverse, but it's overall detriment is near inconsequential. More vital to the eye-appeal is the exceptional patina that adorns both sides, with lime-green, blue and mauve that ring the outer edges and mostly gold and silver color in the centers. The further addition of a conjoined "TP" with beaded border monogram (confused by NGC for the "R" monogram of El Salvador which is somewhat similar in appearance) stamped on the reverse, adds the aforementioned mystery. Combined, these elements are assuredly unique, and push desirability of this piece to extreme heights. For the specialist, an immense opportunity.
On the "TP" Monogram:
Often thought to be a modern forgery of the "PATRIA" monogram countermark issued in Argentina, the "TP" monogram punch is undoubtedly a genuine item for the period, as proven by the several hosts found for the issue, including lot 1691 in the Gibbs collection (H. Schulman 3/1966), a Central American Republic 2 Reales 1831 T-F previously (or after?) countermarked with the Los Altos ND (1838) stamp. What remains uncertain is its true origin, and whether it was an official country application (presently unmatched to a decree) or placed by a privateer goldsmith. With further research, hopefully this mystery will one day be solved.
Ex. Richard Stuart Collection
Estimate: 50000-65000 USD
Unknown. "TP" countermark on 1711 Mo-J Philip V "Royal" 8 Reales XF Details (Holed) NGC, KM-Unlisted (upon KM-R47), Lazaro-67 (R3). 44mm/25.68g. An incredible rarity, a numismatic mystery and a stunning presentation all wrapped into one. As a "Royal" strike of the date, very rarely encountered, with a somewhat crudely engraved design (compare to the 1717-dated example of Philip V in the next lot), but bold placement on a broad, nicely rounded flan. A neatly placed hole has been made near 7 o'clock on the obverse, but it's overall detriment is near inconsequential. More vital to the eye-appeal is the exceptional patina that adorns both sides, with lime-green, blue and mauve that ring the outer edges and mostly gold and silver color in the centers. The further addition of a conjoined "TP" with beaded border monogram (confused by NGC for the "R" monogram of El Salvador which is somewhat similar in appearance) stamped on the reverse, adds the aforementioned mystery. Combined, these elements are assuredly unique, and push desirability of this piece to extreme heights. For the specialist, an immense opportunity.
On the "TP" Monogram:
Often thought to be a modern forgery of the "PATRIA" monogram countermark issued in Argentina, the "TP" monogram punch is undoubtedly a genuine item for the period, as proven by the several hosts found for the issue, including lot 1691 in the Gibbs collection (H. Schulman 3/1966), a Central American Republic 2 Reales 1831 T-F previously (or after?) countermarked with the Los Altos ND (1838) stamp. What remains uncertain is its true origin, and whether it was an official country application (presently unmatched to a decree) or placed by a privateer goldsmith. With further research, hopefully this mystery will one day be solved.
Ex. Richard Stuart Collection
Estimate: 50000-65000 USD