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Stack's Bowers & Ponterio
August 2021 ANA Auction  16-21 Aug 2021
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Lot 41278

Starting price: 360 USD
Price realized: 3600 USD
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PHILIPPINES. Philippines - Bolivia. 8 Reales, ND (ca. 1832-34). Manila Mint. Ferdinand VII. NGC VF-30; C/S: XF Strong.
KM-51; Basso-55; PNM#6-76; PNM#16-39; PNM#21-VI-10; Cacho-VIII-CS-055; Gil-5-4-1-C (1 over *). Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the obverse of a 1828-PTS JM Bolivia Republic 8 Soles. A somewhat more available host type. For this date we have only six recorded examples for all F.7.0 crown variations. This very attractive survivor exhibits nice honest wear with beautiful, mottled patina displaying medium gray on the high points, dove gray in the open areas and graphite in the protected areas with a blue iridescent sheen on the reverse. This is an example where the designated grade does not reflect the quality. Free of planchet defects, the host is nicely preserved with a deeply impressed bold countermark. Clear diagnostics of the countermark show the characteristic crack at the very edge of the punch directly across from the "F" in the King's ordinal as well as the re-punching of the central pearl in the crown of a lozenge over a single bead. A lovely example boasting great eye appeal.

Interesting to note that the central pearl of the crown in the shape of a lozenge has been re-punched over a single pearl. This can be further confirmed by the shape and style of the letters and crown and proves that the order of the F.7.0 countermarks is in fact 5-4-* (1832), 5-4-1 (1832-34) and then finally 5-4-!(2) (1833-34).



From the Angelita and Benito Legarda Collection.

Estimate: $600 - $800

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