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Stack's Bowers & Ponterio
August 2021 ANA Auction - Online  23-25 Aug 2021
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Lot 45549

Starting price: 120 USD
Price realized: 600 USD
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PHILIPPINES. Philippines - Peru. 8 Reales, ND (ca. 1832-34). Manila Mint. Ferdinand VII. NGC EF Details--Reverse Damage, Cleaned; C/S: AU Standard.
KM-83; Basso-55; PNM#6-64; PNM#16-155; PNM#21-VI-117; Cacho-VIII-CS-024; Gil-5-4-1-C. Type V Countermark, crowned F.7.0 within circular indent. Countermark applied to the obverse of a 1829-LIMA JM Peru Republic 8 Reales. One of the most frequently encountered types, the late date issues (1828-34) can be found in various states of preservation. For this date we have 13 pieces recorded for the F.7.0 5-4-1-C crown variety. The countermark is deeply applied with a thin die crack in the central design adding a bit of character and interesting diagnostics. Unfortunately, both the obverse and reverse show signs of past cleaning with many directional hairlines, now slightly subdued by a golden sheen. The reverse does show what appears to be a test punch of some nature accounting for the "Reverse Damage" designation from NGC. The opposing side of the damage shows post damage wear and in the opinion of this cataloger is no different than a chopmark.

From the Angelita and Benito Legarda Collection.

Estimate: $200 - $400
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