LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Arequipa, Peru, 1/5 sol, 1885AC, extremely rare,...

1082

Arequipa, Peru, 1/5 sol, 1885AC, extremely rare, NGC AU 55, finest known, ex-Whittier (stated on lab

Currency:USD Category:Coins & Paper Money / World Coins - World (P-Z) Start Price:4,000.00 USD Estimated At:5,000.00 - 10,000.00 USD

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This item SOLD at 2019 Nov 01 @ 20:48UTC-4 : AST/EDT

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Arequipa, Peru, 1/5 sol, 1885AC, extremely rare, NGC AU 55, finest known, ex-Whittier (stated on label), KM Plate Coin. ,KM-191a. 4.82 grams. A one-year, one-denomination provisional issue, with only about eight examples reported, this specimen being the finest known for the type, with rainbow (obverse) and steel-gray (reverse) toning over original luster, prominent die-polish lines, very slightly off-center strike on an oversized flan, the inner details all quite sharp (effectively as struck, in our opinion, considering that the dies were engraved with rudimentary tools) and the lettering in the legend delightfully crude as befits a branch mint issue (in fact amazingly well done under the conditions there). The name GAMBOA vertically to left on the base of Liberty stands for Enrique A. Gamboa, a prominent local businessman who proposed the coinage of silver in Arequipa, per documents issued February 6, 1885, establishing a working proposal to mint coins (approved the same year), his name appearing on the coin much like Derteano's was on 1864 Lima coins, a practice that was allowed but criticized. The two or three examples offered for sale in the last 30-40 years were no better than VF and/or with problems (the only other NGC entry being VG and with none listed at PCGS), making this piece far and away the finest known. While anyone can own a generic Peruvian 1/5 sol, only the serious Peruvian specialist or Latin American trophy collector with the acumen and wherewithal to win this piece will have the best of the rarest. Pedigreed to the Whittier collection, and the Plate Coin in Krause-Mishler's Standard Catalog of World Coins (various editions). NGC #4747986-001. If Tax Number is requested and supplied, buyer will be exempt from paying tax on his invoice. (FLORIDA) NOTE: Read the terms and conditions or contact us regarding possible tax collection outside of Florida.

Taxes:

Tax	Rate	Desc.
FSTA	6.75%	Florida Sales Tax - Alachua
FSTB	7%	Florida Sales Tax - Baker
FSTB	6%	Florida Sales Tax - Bay
FSTB	7%	Florida Sales Tax - Bradford
FSTB	6%	Florida Sales Tax - Brevard
FSTB	6%	Florida Sales Tax - Broward
FSTC	7.5%	Florida Sales Tax - Calhoun
FSTC	7%	Florida Sales Tax - Charlotte
FSTC	6%	Florida Sales Tax - Citrus
FSTC	7%	Florida Sales Tax - Clay
FSTC	6%	Florida Sales Tax - Collier
FSTC	7%	Florida Sales Tax - Columbia
FSTD	7%	Florida Sales Tax - De Soto
FSTD	7%	Florida Sales Tax - Dixie
FSTD	7%	Florida Sales Tax - Duval
FSTE	7.5%	Florida Sales Tax - Escambia
FSTF	7%	Florida Sales Tax - Flagler
FSTF	7%	Florida Sales Tax - Franklin
FSTG	7.5%	Florida Sales Tax - Gadsden
FSTG	7%	Florida Sales Tax - Gilchrist
FSTG	7%	Florida Sales Tax - Glades
FSTG	7%	Florida Sales Tax - Gulf
FSTH	7%	Florida Sales Tax - Hamilton
FSTH	7%	Florida Sales Tax - Hardee
FSTH	7%	Florida Sales Tax - Hendry
FSTH	6.5%	Florida Sales Tax - Hernando
FSTH	7%	Florida Sales Tax - Highlands
FSTH	7%	Florida Sales Tax - Hillsborough
FSTH	7%	Florida Sales Tax - Holmes
FSTI	7%	Florida Sales Tax - Indian River
FSTJ	7.5%	Florida Sales Tax - Jackson
FSTJ	7%	Florida Sales Tax - Jefferson
FSTJ	7%	Florida Sales Tax - Lafayette
FSTL	7%	Florida Sales Tax - Lake
FSTL	6%	Florida Sales Tax - Lee
FSTL	7.5%	Florida Sales Tax - Leon
FSTL	7%	Florida Sales Tax - Levy
FSTL	7%	Florida Sales Tax - Liberty
FSTM	7.5%	Florida Sales Tax - Madison
FSTM	6.5%	Florida Sales Tax - Manatee
FSTM	6.5%	Florida Sales Tax - Marion
FSTM	6.5%	Florida Sales Tax - Martin
FSTM	7%	Florida Sales Tax - Miami-Dade
FSTM	7.5%	Florida Sales Tax - Monroe
FSTN	7%	Florida Sales Tax - Nassau
FSTO	6%	Florida Sales Tax - Okaloosa
FSTO	7%	Florida Sales Tax - Okeechobee
FSTO	6.5%	Florida Sales Tax - Orange
FSTO	7%	Florida Sales Tax - Osceola
FSTP	6.5%	Florida Sales Tax - Palm Beach
FSTP	7%	Florida Sales Tax - Pasco
FSTP	7%	Florida Sales Tax - Pinellas
FSTP	7%	Florida Sales Tax - Polk
FSTP	7%	Florida Sales Tax - Putnam
FSTS	6%	Florida Sales Tax - Saint Johns
FSTS	7%	Florida Sales Tax - Santa Rosa
FSTS	7%	Florida Sales Tax - Seminole
FSTS	7%	Florida Sales Tax - Sumter
FSTS	7%	Florida Sales Tax - Suwannee
FSTT	7%	Florida Sales Tax - Taylor
FSTU	7%	Florida Sales Tax - Union
FSTV	6.5%	Florida Sales Tax - Volusia
FSTW	7%	Florida Sales Tax - Wakulla
FSTW	7%	Florida Sales Tax - Walton
FSTW	7%	Florida Sales Tax - Washington

Buyer's Premiums:

From (Incl.)	To (Excl.)	Premium
0.00	Infinite	19%

Additional Fees:

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TERMS AND CONDITIONS - Effective March 2019

By participating in this auction, you (hereafter referred to as the “Bidder”) are entering into a binding contract with Daniel Frank Sedwick, LLC (“Auctioneer”) and agree to the following Terms and Conditions:

1) Each lot will be sold to the highest Bidder unless the reserve or starting price is not met. Bids may be submitted in person or by mail, telephone, fax, email, or live on the Internet until each lot is closed during the live session. All non-live bids must be received before the auction session begins. The Auctioneer or any of its employees individually cannot be responsible for errors in bidding or the loss or delay of any bids that do not reach us by the closing date and time, or for any technical glitches that prevent internet bids from being executed. All bidders must be registered before their bids will be entered. New bidders must register 48 hours prior to the auction so that references can be verified, otherwise their bids may not be accepted. All bids are in U.S. dollars.

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This lot is part of the auction: Treasure, World, U.S. Coin & Paper Money Auction 26 Back To Catalog Listing

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From (Incl.)	To (Excl.)	Increment
0.00	50.00	2.00
50.00	100.00	5.00
100.00	200.00	10.00
200.00	300.00	20.00
300.00	500.00	25.00
500.00	1,000.00	50.00
1,000.00	2,000.00	100.00
2,000.00	3,000.00	200.00
3,000.00	5,000.00	250.00
5,000.00	10,000.00	500.00
10,000.00	20,000.00	1,000.00
20,000.00	30,000.00	2,000.00
30,000.00	Infinite	2,500.00

LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Arequipa, Peru, 1/5 sol, 1885AC, extremely rare,...

Arequipa, Peru, 1/5 sol, 1885AC, extremely rare, NGC AU 55, finest known, ex-Whittier (stated on lab

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