Stack's Bowers & Ponterio
January 2019 NYINC Auction 11-12 Jan 2019
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PHILIPPINES. Pattern Centavo Struck in Copper, 1894. Madrid Mint. PCGS SP-64 BN Gold Shield.
KM-Pn18; Basso-93; Cal-pg. 844. Bust of young King Alfonso XIII facing left; Reverse: Coat of Arms with half-wreath. Far less encountered than its larger denomination counterpart the 2 Centavos. Superior to the example sold in the Cayon auction December 11, 2012 lot #1140 where it hammered for 15,500 Euro (approximately $20,000) plus buyers fee. EXTREMELY RARE and highly sought after. Sharply struck displaying lovely mahogany surfaces with hints of cinnamon at the periphery. A choice pattern never intended for circulation, and seemingly spared from.
From the Ray Czahor Collection.
KM-Pn18; Basso-93; Cal-pg. 844. Bust of young King Alfonso XIII facing left; Reverse: Coat of Arms with half-wreath. Far less encountered than its larger denomination counterpart the 2 Centavos. Superior to the example sold in the Cayon auction December 11, 2012 lot #1140 where it hammered for 15,500 Euro (approximately $20,000) plus buyers fee. EXTREMELY RARE and highly sought after. Sharply struck displaying lovely mahogany surfaces with hints of cinnamon at the periphery. A choice pattern never intended for circulation, and seemingly spared from.
From the Ray Czahor Collection.
Ex: Lyn Knight Currency Auctions June 10, 2012, lot 5446 "The Dr. Greg Pineda Philippine Collection".
Estimate: $10000.00- $15000.00