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Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
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Lot 21406

Starting price: 600 USD
Price realized: 850 USD
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TIMOR. Pataca, ND (Decree of 13 June 1900). PCGS Genuine--Scratch, AU Details Secure Holder.
KM-8(for basic type); Gomes-01.07(for date only); Vaz-TI.04(for date only). VERY RARE and seldom offered. Cross of Christ countermark on a 1894-GaJS 8 Reales of Mexico. The Cross of Christ is the insignia of the Order of Our Lord Jesus Christ established in Portugal in the fourteenth century and symbol of Portuguese discoveries overseas. Due to a large influx of counterfeit coins entering the colony the local government was forced to take steps to fight against them by applying the Cross of Christ to all accepted genuine pieces. This mark is only known on Mexican "Cap & Ray" 8 Reales. The Details designation is the result from light old scratches under the eagle's right wing from long ago now toned. Attractive mottled old tone. Countermark deeply impress and clear. Countermark AU Details, host coin PCGS Genuine--Scratch, AU Details Secure Holder.

The last Timor countermarked 8 Reales to appear in our sales was a Chihuahua issue we sold in 2014 (October Baltimore sale, lot 1538 where is hammered down at $3,250).

Estimate: $1000.00- $1500.00
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