Heritage World Coin Auctions
NYINC Signature Sale 3081 12-13 Jan 2020
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Chile
Charles III 8 Reales 1773 So-DA VF25 PCGS, Santiago mint, KM31. The extremely rare first year of issue for these bust type 8 Reales, decreed in Chile for 1772 but not produced until the following year. Only two specimens have been graded by NGC or PCGS, both VF; the supposed mintage for 1773 was 27,000 pieces but the vast majority appear to have been melted down. As such, with only a handful known, the majority of Latin American cabinets will lack an example. The present offering is evenly worn yet with a great deal of silvery luster, the peripheries toned to a light gold. An exceptional rarity sure to encourage spirited bidding.
https://coins.ha.com/itm/chile/chile-charles-iii-8-reales-1773-so-da-vf25-pcgs-/a/3081-30293.s?type=CoinArchives3081
HID02906262019
© 2019 Heritage Auctions | All Rights Reserved
Estimate: 5000-7000 USD
Charles III 8 Reales 1773 So-DA VF25 PCGS, Santiago mint, KM31. The extremely rare first year of issue for these bust type 8 Reales, decreed in Chile for 1772 but not produced until the following year. Only two specimens have been graded by NGC or PCGS, both VF; the supposed mintage for 1773 was 27,000 pieces but the vast majority appear to have been melted down. As such, with only a handful known, the majority of Latin American cabinets will lack an example. The present offering is evenly worn yet with a great deal of silvery luster, the peripheries toned to a light gold. An exceptional rarity sure to encourage spirited bidding.
https://coins.ha.com/itm/chile/chile-charles-iii-8-reales-1773-so-da-vf25-pcgs-/a/3081-30293.s?type=CoinArchives3081
HID02906262019
© 2019 Heritage Auctions | All Rights Reserved
Estimate: 5000-7000 USD