Watch List notes:

La Rioja, Argentina, 8 reales, 1840, "rebel peso," very rare, PCGS XF45. Janson-58; KM-10. A rather handsome example of the "Rebel Peso," a rare and desirable one-year type without CONFEDERADA in legend, as struck by rebel leaders under General Brizuela, governor of the province of La Rioja, breaking from his long-time ally Juan Manuel Rosas (governor of Buenos Aires) and federalist rule. This famous issue, the key to the Argentina crown series by type, is known in Argentina as the "unitarian" issue versus the normal "federal" issue of 1838-40. The present specimen is boldly struck with attractive toning around the details, with a small and unobtrusive natural rim-flaw below date (carrying over to other side as well). We note that a PCGS XF40 example hammered for $5,000 in Stack's-Bowers 2012 NYINC auction. PCGS #31333953.
(1500 - 2250 USD)