PHILIPPINES. Philippines - Peru. 8 Reales, 1828. Manila Mint. Ferdinand VII. NGC VF-20.
KM-26.1; Basso-52; PNM#6-13; PNM#16-25; PNM#21-I-16; Cacho-Not listed. Type I Manila Overstrike, with serrated boarders and reverse legend; dies prepared by Don Benito de los Reyes. Overstruck on a 1826-CUZCO G Peru Republic 8 Reales. A VERY RARE and popular early Cuzco mint issue, we have only four examples of this date as a host coin recorded. This wholesome survivor exhibits a good strike, nice even wear and bold fully struck up four-digit date and "MANILA", faint evidence of the serrated boarder is noticed at about 7 near the second "N" of "UNION". The arms of Spain are nearly fully struck up with faint areas of the crown, which is a bit flat. The section of the legend with the kings name and ordinal "ERN. VII" is clearly seen in the lower right quadrant adding to its desirability. This highly attractive and original looking survivor offers a pleasing appearance displaying lovely rich mottled gray to slate patina that is complemented by a golden gray sheen on the obverse while the reverse displays an iridescent blue sheen adding to its eye appeal.
From the Angelita and Benito Legarda Collection.
Estimate: $3000 - $6000