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Stack's Bowers & Ponterio
August 2021 ANA Auction  16-21 Aug 2021
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Lot 41285

Starting price: 600 USD
Price realized: 8000 USD
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PHILIPPINES. Philippines - Mexico. 8 Reales, ND (ca. 1832-34). Manila Mint. Ferdinand VII. NGC VF Details--Mount Removed; C/S: XF Standard.
KM-66; Basso-55; PNM#6-Not listed; PNM#16-94; PNM#21-VI-65; Cacho-VIII-CS-031; Gil-5-4-1-C. Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the obverse of a 1822-Mo JM Mexico 8 Reales of the Empire of Iturbide, first bust type with upright eagle. An VERY RARE and popular one-year type that seldom appears on the market bearing the F.7.0 countermark, we have only four documented examples all with the 5-4-1-C countermark variation. This highly attractive survivor exhibits even wear with trivial marks and abrasions one would expect to see from the designated grade. The surfaces display a light gray in the open areas and atop of the devices while the peripheries and crevasses show more of an ash coloration with an iridescent sheen that radiates from the edges adding to its pleasing appearance. As indicated on the NGC insert remnants of a mount removal can been seen, though hardly a distraction for such a desirable host.

From the Angelita and Benito Legarda Collection.

Estimate: $1000 - $2000
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