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La Rioja, Argentina, 8 reales, 1838R, coin rotation, encapsulated NGC MS 63+.

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La Rioja, Argentina, 8 reales, 1838R, coin rotation, encapsulated NGC MS 63+.
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La Rioja, Argentina, 8 reales, 1838R, coin rotation, encapsulated NGC MS 63+. Janson-55.2; KM-8. Brightly lustrous and clearly devoid of wear but with a few minor marks and surface porosity per the type (rare grade, only four better among twenty-seven submissions currently in the NGC census), no toning. NGC #4489172-001.

Notes about the 1838 coinage of La Rioja by Mariano Cohen:

At the end of 1833, Facundo Quiroga settled in Buenos Aires. In February 1835 he returned from mediation on a peace mission between the provinces of Tucumán, Salta and Santiago del Estero to which he had been sent by his friend Rosas and was intercepted and killed in Barranca Yaco, Córdoba.

The authors of the event were the Reynafé brothers, one of whom was governor of Córdoba. They were unconditional allies of López, the governor of Santa Fé and Quiroga's great internal rival within Federalism. López is also credited with the deed, although that was never verified.

Rosas carried out the process of prosecution that ended with the imprisonment and execution of the Reynafé brothers, for which the later governor of La Rioja, Tomás Brizuela, decided to pay tribute by minting new coins, the very rare 1836 8 escudos with the bust of Rosas.

Rosas did not accept these coins, as he did not agree with the idea of making himself into a cult, more so by an independent province. La Rioja then changed gears and created a new currency of 8 reales with the legend "Republica Argentina Confederada" (Argentine Confederate Republic) on one side and "Eterno Loor al Restaurador Rosas" (Eternal Praise to the Restorer Rosas) on the other side. They were minted between 1838 and 1840, after which time a new Unitarian rebellion took place.