881

Santiago, Chile, bust 8 reales, Charles III, 1773DA, extremely rare first year of issue, encapsulate

Currency:USD Category:Coins & Paper Money / World Coins - World (A-G) Start Price:15,000.00 USD Estimated At:15,000.00 - 30,000.00 USD
Santiago, Chile, bust 8 reales, Charles III, 1773DA, extremely rare first year of issue, encapsulate
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.
Santiago, Chile, bust 8 reales, Charles III, 1773DA, extremely rare first year of issue, encapsulated PCGS VF30. KM-31; CT-1010. Mintage of the new bust-type coins under the royal decree of 1772 got off to a slow start in silver at the Santiago mint, as it did not start until 1773 and was done in only limited quantities for the first several years. For the 8R in particular there was probably extensive melting as well, for the 1774 is not known to exist, and of the 1775 there is only one known. For 1773, ours is one of only two known to exist, and the only one in gradable condition, for the only other specimen (Pridmore collection) is holed and countermarked. Accurately graded by PCGS, the present coin shows only honest wear and good strike, plus a lovely old toning throughout, yet another important "first date" item in this auction.