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Stack's Bowers & Ponterio
January 2023 NYINC Auction  13-16 Jan 2023
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Lot 21362

Starting price: 1800 USD
Price realized: 6500 USD
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COSTA RICA. Costa Rica - Bolivia. 8 Reales, 1846-JB. San Jose Mint. PCGS Genuine--Holed, Fine Details. Countermark: EF Details.
KM-58; de la Cruz-Unlisted date. Issued by decree of 15 October 1846. Countermark: Type V bifacial; Obverse: Sun over mountains, additional round 8R punch; Reverse: Ceiba tree flanked by 2R. Applied to the obverse and reverse of a Bolivian Cob 8 Reales indeterminant date and ruler. A VERY RARE issue which presents the intricate countermarks of the decree with the crudely produced, tactile cob coinage from a different part of the former Spanish colonial empire. The countermark is nicely centered, though areas are slightly muddled or lacking due to even surfaces, on a charming host displaying richer mottled gray patina. Holed near the lower left quadrant of the obverse as indicated on the PCGS label. Despite its shortcomings a handsome survivor of this popular and desirable issue that is sure to excite many collectors.

Ex: Meyer Collection (Spink Smythe 10/2008) Lot # 1258.

Estimate: $3000 - $5000
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