PHILIPPINES. Philippines - Mexico. 8 Reales, ND (ca. 1832-34). Manila Mint. Ferdinand VII. NGC EF Details--Cleaned; C/S: VF Standard.
KM-74; Basso-55; PNM#6-44; PNM#16-101; PNM#21-VI-70; Cacho-Not listed; Gil-5-4-1-C; DP-Zs01. Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the obverse of a 1825-Zs AZ Mexico Republic 8 Reales; Die style of 1825-42. A VERY RARE and popular date, this the first year of issue for this mint. Scarce on its own, combined with the rarity as a Philippines host elevates its desirability. We have 12 examples of this mint documented for all F.7.0 countermark varieties (5-4-1-C[10] and 5-4-!(2)-B[2]). For this date we have only the present piece in our records. The countermark somewhat shallow and is slightly uneven, though most of the pertinent details are clear. This attractive survivor displays nice even wear atop of the devices with signs of have handling consistent for the grade. Upon close inspection signs of an old cleaning, long since toned over, become apparent as indicated on the NGC insert.
From the Angelita and Benito Legarda Collection.
Estimate: $700 - $1000