LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Santiago, Chile, pattern 1 peso, 1819, extremely...

751

Santiago, Chile, pattern 1 peso, 1819, extremely rare, NGC AU 58.

Currency:USD Category:Coins & Paper Money / World Coins - World (A-G) Start Price:12,000.00 USD Estimated At:15,000.00 - 30,000.00 USD

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This item SOLD at 2020 Nov 18 @ 11:37UTC-5 : EST/CDT

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Santiago, Chile, pattern 1 peso, 1819, extremely rare, NGC AU 58. KM-Pn1. This lovely issue is widely regarded as the most important and desirable pattern of Chile, commissioned by the director of the Santiago mint, J. S. Portales, but ultimately rejected in favor of a continuation of the prior "volcano peso" design, which was simpler to engrave. J.T. Medina, in his landmark work, Las Monedas Chilenas (1902), illustrates and eloquently describes this pattern (on page 179, not page 127 as stated in other auction listings), comparing to the previous design, as thus (our translation): "The attributes and the legend of the obverse were preserved, being stamped on a ribbon terminating in a buckle; in addition to the ordinary border, groups of eight parallel lines in pyramidal shapes were designed; the assayer's initial was probably to be placed at the base of the column, on the left, in an extremely tiny capital letter [next to an existing M on the right]; at the same time the hemisphere [crowning the column] had been enormously enlarged, which was thus completely disproportionate. On the reverse [was] the same layout for the legend, in a simply striated band; identical border; much better drawing and engraving of the mountains and volcanoes; the exergue bearing the date, which on ordinary coins was found on the obverse, at the foot of the column." Note that Medina considered the column side to be the obverse. Four examples are currently known, all of which are graded, of which this is the second finest. The two most recent sales are the ex-Medina/Tarapaca collection example (AU50 PCGS) which hammered for $16,000 in 2016, and an MS 62 NGC (finest) which hammered for $24,000 in 2013. The present specimen is most attractive for the assigned grade, including near intact mint luster with contrasting toning and only faint friction evidence on the highest points of the devices and slight as-made crudeness of rims (as it was a non-circulating pattern, after all). A most desirable piece, worthy of the most advanced Latin American or Chilean cabinet. NGC #5906063-003. If Tax Number is requested and supplied, buyer will be exempt from paying tax on his invoice. (FLORIDA) NOTE: Read the terms and conditions or contact us regarding possible tax collection outside of Florida.

Taxes:

Tax	Rate	Desc.
FSTA	6.75%	Florida Sales Tax - Alachua
FSTB	7%	Florida Sales Tax - Baker
FSTB	6%	Florida Sales Tax - Bay
FSTB	7%	Florida Sales Tax - Bradford
FSTB	6%	Florida Sales Tax - Brevard
FSTB	6%	Florida Sales Tax - Broward
FSTC	7.5%	Florida Sales Tax - Calhoun
FSTC	7%	Florida Sales Tax - Charlotte
FSTC	6%	Florida Sales Tax - Citrus
FSTC	7%	Florida Sales Tax - Clay
FSTC	6%	Florida Sales Tax - Collier
FSTC	7%	Florida Sales Tax - Columbia
FSTD	7%	Florida Sales Tax - De Soto
FSTD	7%	Florida Sales Tax - Dixie
FSTD	7%	Florida Sales Tax - Duval
FSTE	7.5%	Florida Sales Tax - Escambia
FSTF	7%	Florida Sales Tax - Flagler
FSTF	7%	Florida Sales Tax - Franklin
FSTG	7.5%	Florida Sales Tax - Gadsden
FSTG	7%	Florida Sales Tax - Gilchrist
FSTG	7%	Florida Sales Tax - Glades
FSTG	7%	Florida Sales Tax - Gulf
FSTH	7%	Florida Sales Tax - Hamilton
FSTH	7%	Florida Sales Tax - Hardee
FSTH	7%	Florida Sales Tax - Hendry
FSTH	6.5%	Florida Sales Tax - Hernando
FSTH	7%	Florida Sales Tax - Highlands
FSTH	7%	Florida Sales Tax - Hillsborough
FSTH	7%	Florida Sales Tax - Holmes
FSTI	7%	Florida Sales Tax - Indian River
FSTJ	7.5%	Florida Sales Tax - Jackson
FSTJ	7%	Florida Sales Tax - Jefferson
FSTJ	7%	Florida Sales Tax - Lafayette
FSTL	7%	Florida Sales Tax - Lake
FSTL	6%	Florida Sales Tax - Lee
FSTL	7.5%	Florida Sales Tax - Leon
FSTL	7%	Florida Sales Tax - Levy
FSTL	7%	Florida Sales Tax - Liberty
FSTM	7.5%	Florida Sales Tax - Madison
FSTM	6.5%	Florida Sales Tax - Manatee
FSTM	6.5%	Florida Sales Tax - Marion
FSTM	6.5%	Florida Sales Tax - Martin
FSTM	7%	Florida Sales Tax - Miami-Dade
FSTM	7.5%	Florida Sales Tax - Monroe
FSTN	7%	Florida Sales Tax - Nassau
FSTO	6%	Florida Sales Tax - Okaloosa
FSTO	7%	Florida Sales Tax - Okeechobee
FSTO	6.5%	Florida Sales Tax - Orange
FSTO	7%	Florida Sales Tax - Osceola
FSTP	6.5%	Florida Sales Tax - Palm Beach
FSTP	7%	Florida Sales Tax - Pasco
FSTP	7%	Florida Sales Tax - Pinellas
FSTP	7%	Florida Sales Tax - Polk
FSTP	7%	Florida Sales Tax - Putnam
FSTS	6%	Florida Sales Tax - Saint Johns
FSTS	7%	Florida Sales Tax - Santa Rosa
FSTS	7%	Florida Sales Tax - Seminole
FSTS	7%	Florida Sales Tax - Sumter
FSTS	7%	Florida Sales Tax - Suwannee
FSTT	7%	Florida Sales Tax - Taylor
FSTU	7%	Florida Sales Tax - Union
FSTV	6.5%	Florida Sales Tax - Volusia
FSTW	7%	Florida Sales Tax - Wakulla
FSTW	7%	Florida Sales Tax - Walton
FSTW	7%	Florida Sales Tax - Washington

Buyer's Premiums:

From (Incl.)	To (Excl.)	Premium
0.00	Infinite	20%

Additional Fees:

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This lot is part of the auction: Treasure, World, U.S. Coin & Paper Money Auction 28 Back To Catalog Listing

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From (Incl.)	To (Excl.)	Increment
0.00	50.00	2.00
50.00	100.00	5.00
100.00	200.00	10.00
200.00	300.00	20.00
300.00	500.00	25.00
500.00	1,000.00	50.00
1,000.00	2,000.00	100.00
2,000.00	3,000.00	200.00
3,000.00	5,000.00	250.00
5,000.00	10,000.00	500.00
10,000.00	20,000.00	1,000.00
20,000.00	30,000.00	2,000.00
30,000.00	Infinite	2,500.00

LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Santiago, Chile, pattern 1 peso, 1819, extremely...

Santiago, Chile, pattern 1 peso, 1819, extremely rare, NGC AU 58.

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