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Santiago, Chile, 8 escudos, 1836IJ, overstruck on a Santiago 8E of 1818-34, very rare.
Currency:USD
Category:Coins & Paper Money / World Coins - World
Start Price:1,800.00 USD
Estimated At:1,800.00 - 2,500.00 USD
SOLD
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This item SOLD at 2009 Oct 15 @ 12:00UTC-4 : AST/EDT
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Buyer's fee
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Santiago, Chile, 8 escudos, 1836IJ, overstruck on a Santiago 8E of 1818-34, very rare. KM-93. 26.6 grams. Well-struck VF with parts of the old design peeking through (most of FUERZA above DE CHILE in the legend). In 1835 Chile implemented a new design to commemorate the promulgation of a new constitution in 1833. In early 1836 officials discovered that some of the 8 escudos of the years 1826-30 of the previous type (1818-1834, KM-84), which were still legal tender, were found to be counterfeit and were recalled for melting. In the process the genuine coins that were turned in for examination were overstruck with the new design, and in fact Santiago's mint records from 1836 document the overstriking of 2400 pesos in that year (and only in that year), an amount equal to just 150 coins. Surviving examples of these coins number fewer than 10, and in Calicó's La Onza book the plated example is stated as unique and valued at 4000 Euros, an overstatement of rarity to be sure, but perhaps accurate in terms of value.
Auction Location:
P.O Box 1964, Winter Park, Florida, 32790, United States
Previewing Details:
SESSION #1: Thursday, October 15, 11:00 am EDT
• Gold cobs by mint #1-73
• World gold coins by country #74-147
• Shipwreck coins Part I (up to mid-17th cent.) #148-283
• Shipwreck coins Part II (mid-17th to early 18th cent.) #284-453
• Shipwreck coins Part III (early 18th through 20th cent.) #454-683
Buyer's fee
18% with Credit or Paypal
15% with check and wire transfer.
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Infinite |
18% |
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