Stack's Bowers & Ponterio
January 2018 NYINC Auction 11-13 Jan 2018
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BOLIVIA. Melgarejo, 1865-FP. NGC MS-62.
KM-146; EL-126. Tied for second finest certified with one other example at NGC and one finer (MS-65), none in mint state at PCGS. VERY RARE in this state of preservation. Mariano Melgarejo (1820-71), 18th president of Bolivia, obtained his office by gunning down his predecessor, Belzu, in 1864. After allegedly giving away Bolivian territory to Brazil in exchange for a beautiful white horse, he was toppled in a coup and assassinated six months later in Lima. Few wept at his demise. A handsome, lustrous example with a good strike of this usually well-worn type, struck in debased .666 fine silver. Light attractive champagne tone. NGC MS-62.
From the Alex Siegel Collection.
KM-146; EL-126. Tied for second finest certified with one other example at NGC and one finer (MS-65), none in mint state at PCGS. VERY RARE in this state of preservation. Mariano Melgarejo (1820-71), 18th president of Bolivia, obtained his office by gunning down his predecessor, Belzu, in 1864. After allegedly giving away Bolivian territory to Brazil in exchange for a beautiful white horse, he was toppled in a coup and assassinated six months later in Lima. Few wept at his demise. A handsome, lustrous example with a good strike of this usually well-worn type, struck in debased .666 fine silver. Light attractive champagne tone. NGC MS-62.
From the Alex Siegel Collection.
Ex: Stack's Bowers & Ponterio ANA auction August 16, 2011, lot# 20286.
Estimate: $1000.00- $1500.00