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Stack's Bowers & Ponterio
August 2021 ANA Auction  16-21 Aug 2021
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Lot 41358

Starting price: 420 USD
Price realized: 4400 USD
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PHILIPPINES. Philippines - Mexico. 8 Reales, ND (1834-37). Isabel II. PCGS VF-30 Gold Shield; Countermark: EF Details.
KM-Unlisted; Basso-56; PNM#6-Not listed; PNM#16-321; PNM#21-VIII-131; Cacho-IX-CS-Not listed; Gil-5-4-3-III; DP-Mo13. Type VI Countermark, crowned Y.II. with circle. Issued by decree of 20 December 1834, suppressed 31 March 1837, by decree of 1 February 1836. Countermark applied to the obverse of a 1833-Mo ML Mexico republic 8 Reales; Die style of 1824-47. This surprisingly RARE host is not to be confused with the 1833-Mo with assayer's letter "JM" of which we have seven recorded examples, but is in fact much rarer, more desirable and is considered the second rarest date from this mint baring the "ML" assayer's letters. We have only two documented examples in our records with two different crown variants. The countermark is deeply impressed and bold with good definition of the fine details applied to a moderately worn host with a somewhat soft strike. The surfaces are relatively smooth with signs of handling consistent for the grade displaying lovely dove gray patina with areas of brighter coloration atop of the devices and a beautiful blue iridescent sheen that pops out when tilting in the light. A highly interesting host coin/countermark combination with lots of cross over potential that is sure to excite many advanced collectors.

Estimate: $700 - $1000
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