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Argentina, 1 peso token made out of a Potosi cob 8R 1689VR, countermarked and stamped with SALU / TI

Currency:USD Category:Coins & Paper Money / World Silver Coins - Argentina-Colombia Start Price:100.00 USD Estimated At:500.00 - 1,000.00 USD
Argentina, 1 peso token made out of a Potosi cob 8R 1689VR, countermarked and stamped with SALU / TI
SOLD
300.00USDto f********e+ (45.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2011 Apr 28 @ 10:47UTC-4 : AST/EDT
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Argentina, 1 peso token made out of a Potosi cob 8R 1689VR, countermarked and stamped with SALU / TISo / 1 PESO, crosses and other ornaments. S-P40 (host); KM-26 (host); CT-374 (host). 27.2 grams. This fascinating piece comes to us from Argentina, which is why we have attributed it to that country, as that is undoubtedly where it circulated (like many Potosi cobs) and was countermarked (probably in the 1800s). When this coin was originally studied about 50 years ago (see pedigree), it was postulated that the first part of the countermark is the word "salutis," meaning "(of) health" in Latin, but it can also mean "salvation." The small o after TIS is probably just an ornament, clearly not meant to be a letter O, as it does not match the letter O in PESO. In addition to the wording, the countermarks also include 4 Latin crosses and 7 flower-like ornaments, all boldly punched into what is otherwise a pretty decent cob, AVF, with most of cross and pillars, bold VR, and 3 partial dates. Pedigreed to the collection of Siro de Martini in Buenos Aires (ca. 1960s-70s).