PHILIPPINES. Philippines - Peru. 8 Reales, ND (1832-34). Manila Mint. Ferdinand VII. PCGS Genuine--Environmental Damage, VF Details.
KM-83; Basso-55; PNM#6-Not listed; PNM#16-152; PNM#21-115; Cacho-Not listed; Gil-5-4-1-C. Type V Countermark, crowned F.7.0 within circular indent. Issued by decree of 2 October 1832, commencing 5 October 1832 until 20 December 1834. Countermark applied to the obverse of a 1828-LIMA JM Peru Republic 8 Reales. A SCARCE date from this mint, we have documented only four examples, all 5-4-1-C crown variety. The countermark is deeply impressed on a nicely preserved host displaying rich mottled gray patina with a slight iridescent sheen that pops out when rotated in the light. Minor encrustation is noticed near the edges and crevasses account for the detail's designation, but is hardly a distraction for this piece and adds a bit of character. Despite its shortcomings this presentable survivor is pleasing to the eye and sure to be a welcome addition to the next collection it enters.
Estimate: $150 - $250