Stack's Bowers & Ponterio
August 2019 Hong Kong Auction 19-21 Aug 2019
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CAMBODIA. Gold Piastre Pattern Restrike, 1860. Phnom Penh Mint. Norodom I. PCGS SPECIMEN-60 Gold Shield.
28.7 gms. Fr-2; KMX-Pn11; Lec-84; D-P88l; Maz-unlisted; VG-unlisted. Plain edge. A landmark offering of an EXTREMELY RARE, highly prized and historically significant type and is THE KEY to the entire Cambodian series. Exhibiting a sharp strike giving clear definition of the frosty design features. The fields are bright and flashy with light tangerine tone radiating from the devices. We do notice some light wispy hairlines and a few insignificant disturbances in the fields on the reverse within tolerance of the designated grade mentioned for accuracy. The most recent offering of this type that we are aware of was in the Hong Kong Coin Auction # 42 August 30, 2007 Lot # 756 where it was presented in a manner not befitting its importance, described simply as "MINT STATE and EXTREMELY RARE". An opportunity to acquire such a monumental numismatic treasure is not to be missed as this type seldom appears on the market and may not occur again for many years.
28.7 gms. Fr-2; KMX-Pn11; Lec-84; D-P88l; Maz-unlisted; VG-unlisted. Plain edge. A landmark offering of an EXTREMELY RARE, highly prized and historically significant type and is THE KEY to the entire Cambodian series. Exhibiting a sharp strike giving clear definition of the frosty design features. The fields are bright and flashy with light tangerine tone radiating from the devices. We do notice some light wispy hairlines and a few insignificant disturbances in the fields on the reverse within tolerance of the designated grade mentioned for accuracy. The most recent offering of this type that we are aware of was in the Hong Kong Coin Auction # 42 August 30, 2007 Lot # 756 where it was presented in a manner not befitting its importance, described simply as "MINT STATE and EXTREMELY RARE". An opportunity to acquire such a monumental numismatic treasure is not to be missed as this type seldom appears on the market and may not occur again for many years.
This type represents an attempt on Cambodia's part to issue a Trade Dollar to compete against the Mexican 8 Reales and other circulating specie. The obverse depicts the bust of King Norodom I facing left, legend around; Reverse: Royal arms of Cambodia, multi-language legend around with Chinese, French, Spanish and Khmer all indicating the intended denomination. Unfortunately, this type never saw fruition and remains a pattern and pattern restrike issue only. The restrikes can be distinguished from originals by the appearance of die rust in the fields and devices. Apparently the King liked handing out souvenirs which accounts for the number of varieties seen from the whole series such as weight variance and metal type. They would eventually make their way into commerce and then the numismatic community.
Ex: King Farouk Collection.
Estimate: $125000.00- $175000.00