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Stack's Bowers & Ponterio
August 2021 ANA Auction  16-21 Aug 2021
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Lot 41301

Starting price: 1800 USD
Price realized: 9000 USD
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PHILIPPINES. Philippines - Chile. 8 Reales, ND (ca. 1834-37). Manila Mint. Isabel II. NGC EF-40; C/S: AU Weak.
KM-108; Basso-56; PNM#6-Not listed; PNM#16-Not listed; PNM#21-Not listed; Cacho-Not listed; Gil-5-4-3-III. Type VI Countermark, crowned Y.II. within circle. Countermark applied to the obverse of a 1819-SANTIAGO FD Chile Peso. An extremely rare and probably UNIQUE early date host type with very few known countermarked examples, F.7.0 or Y.II., on dates prior to 1834. This popular host type appears on the market with frequency, dated 1834-IJ. We have well over 100 examples documented for this type, few other dates recorded, with about 75% of recorded examples bearing the countermark on the obverse. To our knowledge for this date the 1819-FD is the only known example with a countermark. The countermark is unevenly applied somewhat obscuring the left side of the crown to a beautifully preserved host. The surfaces are relatively smooth displaying lovely rich patina with areas of brighter coloration atop of some of the devices complemented by medium gray to slate patina in the open fields and protected areas. Iridescent hues radiate from many of the devices adding to this visually appealing survivor and offering much originality.

From the Angelita and Benito Legarda Collection.

Estimate: $3000 - $4000
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