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Stack's Bowers & Ponterio
January 2022 NYINC Auction  14-16 Jan 2022
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Lot 2438

Starting price: 1800 USD
Price realized: 4600 USD
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PHILIPPINES. Philippines - Peru. 8 Reales, 1828. Ferdinand VII. NGC VF-25.
KM-25; Basso-52; PNM#6-20; PNM#16-30; Cacho-Type I CS-015. Type I Manila Overstrike, with serrated boarders and reverse legend. Overstruck on an 1828-LIMA JM Peru Republic 8 Reales. One of the more available dates for this mint, we have more than 20 examples recorded making it slightly less encountered then the 1827 from this mint where we have more than 40 recorded. The central strike bold with full "MANILA" and "1828" on the obverse while the reverse is a bit weak in the peripheries leaving remnants of the legend at 9 o'clock. Much of the original design is intact including full complete legends and a fair amount of the motif. This handsome looking piece displays attractive mottled gray patina with areas of richer coloration adding to its pleasing appearance.

Estimate: $3000 - $6000
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