Daniel Frank Sedwick, LLC
Treasure Auction 28 17-19 Nov 2020
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Paraguay (War of the Triple Alliance)
Paraguay (War of the Triple Alliance), 2 reales, countermark "Co" inside toothed square (1865-70) on a wavy-edge 1/2 cut of a Bolivian Republic 4 soles of the mid-1800s, very rare, NGC VF 30, finest and only example in NGC census, ex-Peltzer, ex-Gibbs, Guttag Plate Coin.Pratt-unl; KM-unl.5.88 grams.Deep, old toning befitting such a pedigreed specimen, with nearly full countermark, sharply angled cuts and much bold host detail, including mintmark and denomination. A very rare issue believed to be made by the Compania Oriental of Paraguay during the war against the Triple Alliance of Argentina, Brazil and Uruguay (see our Auction 24 for a 1/4 cut example, which is Pratt-MR9). This is the only example in the NGC census today, but we note that the Whittier specimen (the only other one we can trace) was formerly NGC F 12.Pedigreed to and plated in the Peltzer collection (Glendining auction of June 1927, lot 655A) and the Guttag collection (cataloged by Edgar Adams in 1929, plate coin #1549A) and the Gibbs collection (Hans M.F. Schulman auction of March 1966, lot 1373), all (in error) as "possibly Curacao," all the pedigrees stated on the label.
Estimate: 2000-4000 USD
Paraguay (War of the Triple Alliance), 2 reales, countermark "Co" inside toothed square (1865-70) on a wavy-edge 1/2 cut of a Bolivian Republic 4 soles of the mid-1800s, very rare, NGC VF 30, finest and only example in NGC census, ex-Peltzer, ex-Gibbs, Guttag Plate Coin.Pratt-unl; KM-unl.5.88 grams.Deep, old toning befitting such a pedigreed specimen, with nearly full countermark, sharply angled cuts and much bold host detail, including mintmark and denomination. A very rare issue believed to be made by the Compania Oriental of Paraguay during the war against the Triple Alliance of Argentina, Brazil and Uruguay (see our Auction 24 for a 1/4 cut example, which is Pratt-MR9). This is the only example in the NGC census today, but we note that the Whittier specimen (the only other one we can trace) was formerly NGC F 12.Pedigreed to and plated in the Peltzer collection (Glendining auction of June 1927, lot 655A) and the Guttag collection (cataloged by Edgar Adams in 1929, plate coin #1549A) and the Gibbs collection (Hans M.F. Schulman auction of March 1966, lot 1373), all (in error) as "possibly Curacao," all the pedigrees stated on the label.
Estimate: 2000-4000 USD