Stack's Bowers & Ponterio
August 2021 ANA Auction 16-21 Aug 2021
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PHILIPPINES. Philippines - Brazil - Mexico. 8 Reales, ND (ca. 1832-34). Manila Mint. Ferdinand VII. NGC AU Details--Cleaned; C/S: UNC Strong.
KM-52; Basso-55; PNM#6-84; PNM#16-47; PNM#21-VI-20; Cacho-Not listed; Gil-5-4-1-C. Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the obverse of a 1815-B Brazil 960 Reis of Joao (VI) as Prince Regent which is overstruck on an 1803-08-Mo TH Mexico colonial bust 8 Reales of Charles IIII (IV). An EXTREMELY RARE host type from this with very few examples known bearing a Philippine countermark. We only have six examples documented for this host country, all are F.7.0 (5-4-1-C crown variety) evenly split between the Rio De Janeiro and Bahia Mints. This nicely preserved example boasts a strong strike obliterating all, but minor traces of the under-type. The pertinent details of the original host such as the mint mark, denomination and partial king's name and ordinal, although faint, are legible under magnification. Upon close inspection remnants of the mint mark and denomination are noticed at 12:00 at the end of the cross, while a portion of the king's name and ordinal "OLUS . I" can be seen at 6:00 on the reverse below the shield. The countermark is even and boldly applied with crisp definition of the fine details. This attractive representative of the type displays rich slate patina with areas of brighter coloration atop of the devices adding to its pleasing appearance and originality. Upon close inspection the open areas do show evidence of an old cleaning, as indicated on the NGC insert, now subdued by the lovely patination. A handsome survivor of this immensely popular and highly desirable type, the seldom encountered Brazilian host is one of the more interesting issues from this series.
KM-52; Basso-55; PNM#6-84; PNM#16-47; PNM#21-VI-20; Cacho-Not listed; Gil-5-4-1-C. Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the obverse of a 1815-B Brazil 960 Reis of Joao (VI) as Prince Regent which is overstruck on an 1803-08-Mo TH Mexico colonial bust 8 Reales of Charles IIII (IV). An EXTREMELY RARE host type from this with very few examples known bearing a Philippine countermark. We only have six examples documented for this host country, all are F.7.0 (5-4-1-C crown variety) evenly split between the Rio De Janeiro and Bahia Mints. This nicely preserved example boasts a strong strike obliterating all, but minor traces of the under-type. The pertinent details of the original host such as the mint mark, denomination and partial king's name and ordinal, although faint, are legible under magnification. Upon close inspection remnants of the mint mark and denomination are noticed at 12:00 at the end of the cross, while a portion of the king's name and ordinal "OLUS . I" can be seen at 6:00 on the reverse below the shield. The countermark is even and boldly applied with crisp definition of the fine details. This attractive representative of the type displays rich slate patina with areas of brighter coloration atop of the devices adding to its pleasing appearance and originality. Upon close inspection the open areas do show evidence of an old cleaning, as indicated on the NGC insert, now subdued by the lovely patination. A handsome survivor of this immensely popular and highly desirable type, the seldom encountered Brazilian host is one of the more interesting issues from this series.
It is interesting to note that foreign countermarks appearing on Brazilian host coins is a rather rare occurrence. The reason being was that the 960 Reis, intrinsically an 8 Reales equaling 870 Reis, was worth more in Brazil than abroad. For all intents and purposes when the present piece made its way to the Philippines it's value was decreased back down to that of an 8 Reales.
From the Angelita and Benito Legarda Collection.
Estimate: $5000 - $10000