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Stack's Bowers & Ponterio
January 2023 NYINC Auction  13-16 Jan 2023
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Lot 21441

Starting price: 900 USD
Price realized: 2600 USD
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PHILIPPINES. Philippines - Mexico. 8 Reales, ND (1834-37). Manila Mint. Isabel II. PCGS Genuine--Damage, VF Details, Countermark: EF Details.
KM-121; Basso-56; PNM#6-116; PNM#16-250; PNM#21-VIII-70; Cacho-IX-CS-070; Gil-5-4-3-III. Issued by decree of 20 December 1834 and suppressed 31 March 1837 (by decree of 1 February 1836). Countermark: Type VI; crowned Y.II. within circular incuse. Applied to the obverse of a 1822-Mo JM Mexico 8 Reales of the Empire of Iturbide, first bust type with upright eagle. The Iturbide issues are a popular host type with several iterations to the design. The countermark is deeply impressed, bold and clear on a nicely preserved host displaying rich gray patina that's complemented by a lovely iridescent sheen. An attempted piercing from long ago at 6 o'clock on the obverse accounts for the detail designation long since tone over as well as a couple of scratches on the reverse mentioned for accuracy. Despite its shortcomings a handsome and presentable example of this desirable issue that is sure to see spirited bidding from collectors.

Estimate: $1500 - $3000
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