Watch List notes:

Cuzco, Peru, 8 reales, 1837BA, raised edge-lettering, NGC MS 63, ex-Millennia (stated on label). KM-170.1. Frosty and prooflike, with matte details against lustrous fields, the attractive and highly artistic design totally devoid of wear and with no more than a few scattered bagmarks, even the raised lettering on the edge pristine. This South Peru design with sunface on obverse and Incan Temple of the Sun (among other symbols) on reverse is considered one of the most beautiful of all the coinage of the Americas, and it is unique to this area (mints of Cuzco and Arequipa) and to this brief period (1837-9). KM states that only five specimens are known of this one-year issue with FEDERACION and raised edge-lettering--the rarest of the series--but no less than thirteen entries appear in the NGC census, only four of which are Mint State and only one of which (the Lissner example at MS 65) grades higher than ours. Pedigreed to the Millennia collection (Goldberg auction of May 2008, lot #1189). NGC #1950245-006.
(6000 - 9000 USD)