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Stack's Bowers & Ponterio
January 2021 Auction  15-16 Jan 2021
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Lot 21095

Starting price: 7200 USD
Price realized: 20 000 USD
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PERU. South Peru (Republic of). 8 Escudos, 1838-CUZCO MS. Cuzco Mint. NGC MS-63.
KM-171; Onza-2082. REPUB. SUD PERUANO / CONFEDERACION legend type. Endlessly sought as a type, with the ever-captivating sunface design illuminating the obverse, while a symbolic collage comprised of a fortress, erupting volcano, cornucopia and sailing ship fills the reverse. A rather choice example thereof, this example was struck from fresh dies which have resulted in charming semi-reflective fields. As one might expect from the grade, very few marks appear in those fields and the designs remains clear as well. A patch of slight softness around 12 o'clock on both sides, which seemingly was caused by the pre-strike planchet adjustment process, appears to be the only imperfection that limits a higher grade. Even so, still among the finest seen, with five graded at this level between NGC and PCGS and only five appearing finer.

From the Oro del Nuevo Mundo Collection.

Estimate: $12000.00- $17000.00
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