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Bolivia, steel hub for 10 centavos 1884-1900, rare.

Currency:USD Category:Coins & Paper Money / World Coins - World (A-G) Start Price:300.00 USD Estimated At:350.00 - 500.00 USD
Bolivia, steel hub for 10 centavos 1884-1900, rare.
SOLD
375.00USD+ (65.63) buyer's premium + applicable fees & taxes.
This item SOLD at 2013 Oct 30 @ 19:23UTC-4 : AST/EDT
All items are genuine unless noted. Most shipwreck coins and artifacts come with a certificate of authenticity (please check the description for each item). By bidding in this auction you understand and agree to the Terms and Conditions posted here.
Bolivia, steel hub for 10 centavos 1884-1900, rare. KM-158.3. 355 grams. Unlike with hand-struck issues, modern coin-making does not consist of punching elements directly into a die but instead involves transferring a plaster sculpture to what is known as a hub, like we see here, which looks just like a coin stuck to a die. The hub is then struck onto an actual die that is used to strike the coins. The present piece was a hub for the whole series and therefore does not contain the assayers' letters, which were added later to the master die. Most hubs and dies are destroyed after they are no longer used, so this piece is rare by definition. All details are strong and even, with traces of rust on the fields, as expected.

NOTE: The printed catalog shows this as 1872-1883 (KM-158.1 or 158.2) in error.