Stack's Bowers & Ponterio
August 2021 ANA Auction 16-21 Aug 2021
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VENEZUELA. Maracaibo. 2/4 Real, ND (1813). NGC AU-53.
KM-2. A RARE issue, this example displays reddish-brown color in the smooth fields that reflects very limited time spent in circulation. Some striking unevenness is seen, with softness on this piece mostly showing in the left quadrants of the crowned shied. The denomination, which appears on the other side, is quite nicely centered. Despite its overall crudeness, one of the nicer surviving examples of the type, it being the single finest to have been certified by NGC with a single AU-55 appearing in PCGS' population reports.
KM-2. A RARE issue, this example displays reddish-brown color in the smooth fields that reflects very limited time spent in circulation. Some striking unevenness is seen, with softness on this piece mostly showing in the left quadrants of the crowned shied. The denomination, which appears on the other side, is quite nicely centered. Despite its overall crudeness, one of the nicer surviving examples of the type, it being the single finest to have been certified by NGC with a single AU-55 appearing in PCGS' population reports.
According to new research, which included reading through many contemporary documents in Spain's institutions, well-known collector Luis Ponte has determined the Maracaibo attribution (previously they were attributed to Santo Domingo as well) on this issue is incorrect, and that they were in fact struck in Cuba. To learn more, please view Luis' presentation (see 2:35:53 for specific mention), which was recently given in conjunction with the Cartagena MMXXI conference.
Estimate: $1500 - $2500