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Stack's Bowers & Ponterio
August 2021 ANA Auction  16-21 Aug 2021
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Lot 41281

Starting price: 3600 USD
Price realized: 7500 USD
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PHILIPPINES. Philippines - Guatemala. 8 Reales, ND (ca. 1832-34). Manila Mint. Ferdinand VII. NGC EF-45; C/S: AU Strong.
KM-55; Bass0-55; PNM#6-92; PNM#16-60; PNM#21-VI-32; Cacho-VIII-CS-008; Gil-5-4-1-C (1 over *). Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the reverse of a 1826-NG M Guatemala (Central American Republic) 8 Reales. A SCARCE and popular host type with a rather interesting countermark variety that shows 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. Though one of the more available dates for this host type, for this date we only have 16 recorded examples all of which are the 5-4-1-C (1 over *) crown variety. The countermark is deep and evenly impressed with bold details of the punch just slightly off center. The richly toned surfaces display a lovely slate patination with areas of lighter coloration and an iridescent sheen that pops out when tilted in the light adding to its originality and 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: $6000 - $8000

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