Stack's Bowers & Ponterio
January 2022 NYINC Auction 14-16 Jan 2022
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CHILE. Mint Error -- Obverse Lamination -- 4 Escudos, 1789-So DA. Santiago Mint. Charles IV. NGC AU-55.
Fr-20; KM-41.1; Cal-1557. The finest certified of the type on either the NGC or PCGS population reports, with only two other examples being certified, a 1790 NGC XF Details and 1791 PCGS AU 50. First year of issue for this three-year transitional bust type with the bust of Charles III, but in the name of Charles IV (ordinal IV). EXTREMELY RARE and highly desirable, this charming example offers a pleasing appearance with a bold strike and light even wear primarily contained to the high points and exposed areas. Plenty of flash remains intact in the protected areas of the legends and amongst the devices with a hint of pale orange on the tops of the devices. The fields in front of the bust show a lamination, as indicated on the NGC insert, adding a bit a character to this seldom encountered issue. Despite its shortcomings this handsome survivor is sure to excite many collectors for the opportunity to acquire the elusive issue. To view all items from the Pat Johnson Collection, click here.
From the Pat Johnson Collection.
Fr-20; KM-41.1; Cal-1557. The finest certified of the type on either the NGC or PCGS population reports, with only two other examples being certified, a 1790 NGC XF Details and 1791 PCGS AU 50. First year of issue for this three-year transitional bust type with the bust of Charles III, but in the name of Charles IV (ordinal IV). EXTREMELY RARE and highly desirable, this charming example offers a pleasing appearance with a bold strike and light even wear primarily contained to the high points and exposed areas. Plenty of flash remains intact in the protected areas of the legends and amongst the devices with a hint of pale orange on the tops of the devices. The fields in front of the bust show a lamination, as indicated on the NGC insert, adding a bit a character to this seldom encountered issue. Despite its shortcomings this handsome survivor is sure to excite many collectors for the opportunity to acquire the elusive issue. To view all items from the Pat Johnson Collection, click here.
From the Pat Johnson Collection.
Ex: Norweb Collection (Spink America 3/1997) Lot # 138.
Estimate: $1500 - $2500