Briggs & Bustos
Auction 1 9 Sep 2022
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KM# 412.5 - 5 Pesos 1877 Ho A. NGC UNC Details Rim Filing Denominación acuñada únicamente durante 3 años no consecutivos, 1874, 1877 y 1888. Una de las cecas más raras y que a lo largo de su historia presentó múltiples complicaciones en sus procesos de producción, ya sea en cuanto a la amonedación o al control de calidad la presente no es la excepción, exhibiendo una acuñación descuidada y de troqueles desgastados siendo esto más evidente por reverso, sin embargo, coincidimos con NGC en el grado otorgado, observamos una grafila ligeramente limada por ambos lados. Al ser homogéneo dicho limado concluimos que de algún modo pudo haberse realizado en la ceca para eliminar ligeros excesos de metal en bordes causados por los mismos troqueles deteriorados. Lo destacable, es el gran brillo que ostenta la pieza. La acuñación, homologable a los 2 ejemplares localizados en nuestra búsqueda, el primero subastado por Stack´s Bowers el 07 de Marzo de 2006 bajo el lote No. 926 vendido en US$10,925.00 y el último ofrecido en Septiembre de 2008 por A. Tkalec AG, Lote No. 892 realizado en 16,000 CHF más comisión, ejemplares en los que se perciben la misma clase de defectos en menor medida que los que presenta la pieza aquí ofertada
ENGLISH:
Denomination minted only during 3 non-consecutive years, 1874, 1877 and 1888. One of the rarest mints and one that throughout its history presented multiple complications in its production processes, either in terms of minting or quality control, the present one is no exception, exhibiting a sloppy mintage and worn dies being this more evident on the reverse, however, we agree with NGC in the grade awarded, we observe a slightly filed graphite on both sides. As this filing is homogeneous, we conclude that it could have been done at the mint to eliminate slight excesses of metal on the edges caused by the same deteriorated dies. What is remarkable is the great luster of the piece. The mintage, homologous to the 2 specimens located in our search, the first one auctioned by Stack's Bowers on March 7, 2006 under lot No. 926 sold for US$10,925.00 and the last one offered in September 2008 by A. Tkalec AG, Lot No. 892 sold for 16,000 CHF plus commission, specimens in which the same kind of defects can be seen, but to a lesser extent than those of the piece offered here.
(Estimate: $187500 - $210000)
ENGLISH:
Denomination minted only during 3 non-consecutive years, 1874, 1877 and 1888. One of the rarest mints and one that throughout its history presented multiple complications in its production processes, either in terms of minting or quality control, the present one is no exception, exhibiting a sloppy mintage and worn dies being this more evident on the reverse, however, we agree with NGC in the grade awarded, we observe a slightly filed graphite on both sides. As this filing is homogeneous, we conclude that it could have been done at the mint to eliminate slight excesses of metal on the edges caused by the same deteriorated dies. What is remarkable is the great luster of the piece. The mintage, homologous to the 2 specimens located in our search, the first one auctioned by Stack's Bowers on March 7, 2006 under lot No. 926 sold for US$10,925.00 and the last one offered in September 2008 by A. Tkalec AG, Lot No. 892 sold for 16,000 CHF plus commission, specimens in which the same kind of defects can be seen, but to a lesser extent than those of the piece offered here.
(Estimate: $187500 - $210000)