Stack's Bowers & Ponterio
August 2021 ANA Auction 16-21 Aug 2021
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PHILIPPINES. Philippines - Costa Rica. 8 Reales, ND (ca. 1834-37). Manila Mint. Isabel II. NGC AU-53; C/S: UNC Strong.
KM-107; Basso-56; PNM#6-Not listed; PNM#16-Not listed; PNM#21-Not listed; Cacho-Not listed; Gil-5-4-1-II. Type VI Countermark, crowned Y.II. within circle. Countermark applied to the reverse of a 1831-CR F Costa Rica (Central American Republic) 8 Reales. This EXCEEDINGLY RARE and possibly UNIQUE host is captivating. Displaying light attractive mottled gray tone with a visual array of iridescent hues that complement the popular motif. By comparison, the other Central American Republic (Guatemala) issues found with Y.II. countermarks appear on the market with some frequency and are always heavily sought after. For all dates (1824-31) bearing Y.II. countermarks we have more than 30 examples recorded (countermark on the obverse[24] and reverse [9]), but only the present piece that displays the "CR" mint mark. The countermark is deeply applied and bold with good definition of the fine details on a wonderful looking host.
KM-107; Basso-56; PNM#6-Not listed; PNM#16-Not listed; PNM#21-Not listed; Cacho-Not listed; Gil-5-4-1-II. Type VI Countermark, crowned Y.II. within circle. Countermark applied to the reverse of a 1831-CR F Costa Rica (Central American Republic) 8 Reales. This EXCEEDINGLY RARE and possibly UNIQUE host is captivating. Displaying light attractive mottled gray tone with a visual array of iridescent hues that complement the popular motif. By comparison, the other Central American Republic (Guatemala) issues found with Y.II. countermarks appear on the market with some frequency and are always heavily sought after. For all dates (1824-31) bearing Y.II. countermarks we have more than 30 examples recorded (countermark on the obverse[24] and reverse [9]), but only the present piece that displays the "CR" mint mark. The countermark is deeply applied and bold with good definition of the fine details on a wonderful looking host.
It is important to point out that the Costa Rican mint had a significantly smaller output of silver, for local use not meant for trade, and is far less encountered than its Guatemalan counterparts. This would explain why others from this mint have not come to light with countermarks.
From the Angelita and Benito Legarda Collection.
Estimate: $9000 - $12000