Stack's Bowers & Ponterio
August 2021 ANA Auction 16-21 Aug 2021
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PHILIPPINES. Philippines - Chile. 8 Reales, ND (ca. 1832-34). Manila Mint. Ferdinand VII. NGC EF Details--Cleaned; C/S: AU Standard.
KM-56; Basso-55; PNM#6-Not listed; PNM#16-Not listed; PNM#21-Not listed; Cacho-Not listed; Gil-5-4-1-C. Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the reverse of a 1822-SANTIAGO FI Chile Volcano Peso. An EXTREMELY RARE and possibly UNIQUE host coin/countermark combination. Very few countermarked examples are known for early date Chile Volcano Pesos. We have only two other examples recorded of this host type bearing the F.7.0 countermark, an 1817-FJ and 1833-I. This popular host type is heavily sought after and highly prized by collectors, given the fact that so few survivors are known bearing the F.7.0 countermark. This nicely preserved and very attractive representative offers a pleasing appearance displaying a lovely mottled gray patina with richer coloration in the protected areas and faint iridescent sheen that pops out when tilted in the light. The obverse does exhibit mild signs of a past cleaning as indicated on the NGC insert, now subdued by the attractive patination.
From the Angelita and Benito Legarda Collection.
KM-56; Basso-55; PNM#6-Not listed; PNM#16-Not listed; PNM#21-Not listed; Cacho-Not listed; Gil-5-4-1-C. Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the reverse of a 1822-SANTIAGO FI Chile Volcano Peso. An EXTREMELY RARE and possibly UNIQUE host coin/countermark combination. Very few countermarked examples are known for early date Chile Volcano Pesos. We have only two other examples recorded of this host type bearing the F.7.0 countermark, an 1817-FJ and 1833-I. This popular host type is heavily sought after and highly prized by collectors, given the fact that so few survivors are known bearing the F.7.0 countermark. This nicely preserved and very attractive representative offers a pleasing appearance displaying a lovely mottled gray patina with richer coloration in the protected areas and faint iridescent sheen that pops out when tilted in the light. The obverse does exhibit mild signs of a past cleaning as indicated on the NGC insert, now subdued by the attractive patination.
From the Angelita and Benito Legarda Collection.
Plated in "Piloncitos to Peso: A brief History of Coinage in the Philippines" by Angelita Ganzon de Legarda, M.D. pg. 32 Published Manila, Philippines July 1976.
Estimate: $2000 - $4000