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March Signature Sale 3096  25-27 Mar 2021
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Lot 30079

Estimate: 30 000 USD
Price realized: 70 000 USD
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Argentina
La Rioja. Provincial gold 8 Escudos 1842-R AU55 NGC, La Rioja mint, KM14 (Rare), Fr-10, Onza-1575 (few examples known), Janson-51. Exceedingly scarce in this conditional state, the 1842 La Rioja 8 Escudos is described as "rare" in the Standard Catalog of World Coins, with Onza similarly noting that only a few examples are known. The present offering, immensely well-preserved for this elusive issue, displays an appeal that easily exceeds the expected appearance of the vast majority of gold coins of the age. Toned to a lovely honeyed amber, the surfaces possess a marvelous multi-hued iridescence that conveys a sense of originality which only heightens the appeal of its indisputable rarity. Underneath, aurous luster cascades over the surfaces upon rotation, confirming that this specimen is indeed on the cusp of Mint State, this observation further bolstered by an expression of detail that extends admirably to all but the highest points, where a small degree of rub is traceable throughout. As the self-styled "Restorer of the Laws," Juan Manuel de Rosas played an important role in the historical events of Argentina, and we can think of no more fitting homage to this age-gone-by than this laudable 8 Escudos.

https://coins.ha.com/itm/argentina/la-rioja/argentina-la-rioja-provincial-gold-8-escudos-1842-r-au55-ngc-/a/3096-30079.s?type=CoinArchives3096

HID02906262019

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Estimate: 30000-40000 USD
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