1146

Paraguay (War of the Triple Alliance), 2 reales, countermark "Co" inside toothed square (1865-70) on

Currency:USD Category:Coins & Paper Money / World Coins - World (P-Z) Start Price:1,600.00 USD Estimated At:2,000.00 - 4,000.00 USD
Paraguay (War of the Triple Alliance), 2 reales, countermark  Co  inside toothed square (1865-70) on
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This item SOLD at 2020 Nov 18 @ 15:40UTC-5 : EST/CDT
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Paraguay (War of the Triple Alliance), 2 reales, countermark "Co" inside toothed square (1865-70) on a wavy-edge 1/2 cut of a Bolivian Republic 4 soles of the mid-1800s, very rare, NGC VF 30, finest and only example in NGC census, ex-Peltzer, ex-Gibbs, Guttag Plate Coin. Pratt-unl; KM-unl. 5.88 grams. Deep, old toning befitting such a pedigreed specimen, with nearly full countermark, sharply angled cuts and much bold host detail, including mintmark and denomination. A very rare issue believed to be made by the Compania Oriental of Paraguay during the war against the Triple Alliance of Argentina, Brazil and Uruguay (see our Auction 24 for a 1/4 cut example, which is Pratt-MR9). This is the only example in the NGC census today, but we note that the Whittier specimen (the only other one we can trace) was formerly NGC F 12. Pedigreed to and plated in the Peltzer collection (Glendining auction of June 1927, lot 655A) and the Guttag collection (cataloged by Edgar Adams in 1929, plate coin #1549A) and the Gibbs collection (Hans M.F. Schulman auction of March 1966, lot 1373), all (in error) as "possibly Curacao," all the pedigrees stated on the label. NGC #5902083-006.