Stack's Bowers & Ponterio
January 2019 NYINC Auction 11-12 Jan 2019
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PHILIPPINES. Pattern Peso Struck in Silver, 1857. Madrid Mint. PCGS SP-64 Gold Shield.
KM-Pn2(listed as a Real), Basso-75(72), Cal-unlisted. Plain edge. A pattern struck in silver for a projected gold peso which eventually became KM-142. Superior to the previous two records we were able to locate. The most recent being of an NGC MS-63 sold in the Auction World Co., Ltd Auction #13 July 14, 2018 Lot #1376 where it hammered for an impressive 1,200,000 Yen (approximately $10,676). The other example was graded NGC VF-30 in the Heritage CICF auction April 10, 2014 Lot #25628 where it hammered for $2,000-. The consignor notes that this was the only example he could recall seeing in 50+ years of collecting. An exceptional example with sharp devices and intricate details. Though this pattern is certainly not unique it is without a doubt EXTREMELY RARE and highly sought after and destined to be a highlight of any collection of Philippines. Deeply toned with hints of iridescence.
From the Ray Czahor Collection.
KM-Pn2(listed as a Real), Basso-75(72), Cal-unlisted. Plain edge. A pattern struck in silver for a projected gold peso which eventually became KM-142. Superior to the previous two records we were able to locate. The most recent being of an NGC MS-63 sold in the Auction World Co., Ltd Auction #13 July 14, 2018 Lot #1376 where it hammered for an impressive 1,200,000 Yen (approximately $10,676). The other example was graded NGC VF-30 in the Heritage CICF auction April 10, 2014 Lot #25628 where it hammered for $2,000-. The consignor notes that this was the only example he could recall seeing in 50+ years of collecting. An exceptional example with sharp devices and intricate details. Though this pattern is certainly not unique it is without a doubt EXTREMELY RARE and highly sought after and destined to be a highlight of any collection of Philippines. Deeply toned with hints of iridescence.
From the Ray Czahor Collection.
Ex: Ponterio & Wyatt Auction #8 November 5, 1982 lot 254.
Estimate: $6000.00- $8000.00