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Stack's Bowers & Ponterio
January 2023 NYINC Auction  13-16 Jan 2023
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Lot 21357

Starting price: 1800 USD
Price realized: 5500 USD
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COSTA RICA. Costa Rica - Bolivia. "Carrillo" 8 Reales, ND (1841). San Jose Mint. PCGS VF-30. Countermark: EF Details.
KM-Unlisted (though cf. KM-A20 for a host of Charles IV from Mexico); de la Cruz-pg. 14; Guardian-pg. 62/3. Issued by decree of 19 November 1841 under Braulio Carrillo Colina. Countermark: Type I, small six-pointed star within larger six-pointed radiant star within circular incuse; plug removed from the obverse to the right of the bust; Reverse: test punch at 5 o'clock between "ET" and "IND" of legend. Countermark applied to the obverse of an 1801-PTS PP Bolivia Bust 8 Reales of Charles IV (KM-73). Though the host coin does exhibit a fair amount of handling and wear, it is nevertheless VERY RARE, and this specimen yields a rather bold and well defined double stellate countermark upon the neck of the former Spanish monarch.

The test punch and removal of the plug of silver is standard for this issue. To verify that the coins were in fact silver they tested them first with the punch mark in the legend. They then proceeded to remove the plug of silver and then apply the double six-pointed star countermark. According to sources the removal of the plug of silver was done to pay for the countermarking of these coins. While this cataloger believes this to be true, I also believe that regardless of denomination they were all mutilated in a similar fashion with the test punch, plug removal and star countermark all in the same general locations for each type of host coin.

Estimate: $3000 - $5000

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