Goldberg Coins and Collectibles



Sale 46

The Millennia Collection


Peru
 
 
Lot Photo Description Realized
Lot 1150
Peru. 8 Reales, No Date (c. 1568-1571), P-R (Lima). WR-1; KM-13; Sellschopp 1; Calbeto 243; Guttag 3993; Dasi 126. (Francisco del Rincon, assayer). 26.70 grams. Philip II, of Spain, 1554-1598. Crowned arms of Castille and Leon; assayer's initial at left. Reverse: Crowned pillars over waves, motto between; value below. Choice even strike, perfectly centered on very round flan. Very fine old collection toning. Of the highest rarity, and the utmost historical interest for New World numismatics. This is among the finest of little more than a handful of known examples.

It is thought that from 7 to 10 examples at most, in any grade, exist. The coin's fame and desirability rests on the fact that it was the first crown-size coin of South America. Francisco del Rincon opened the first mint in the Americas in Mexico City in 1536. NGC graded AU-55.

Lima was founded by the conquistador, Francisco Pizarro in 1535. He named it the city of the kings. It became home to the Viceroyalty of Peru, and an important religious center as well. In fact, Lima was the second city of the New World behind Mexico City. Its mint was opened in 1568. The first 8 Reales coins struck there are great rarities. As stated by Wayte Raymond, "Of the greatest rarity and interest."
Estimated Value $200,000 - 250,000.
Ex F.C.C. Boyd Collection. This coin is the Wayte Raymond plate coin (F.C.C. Boyd); and so too for Dasi (copied from the Coin Collector's Journal, Jan.-Feb. 1947, page 13). This coin's only auction appearance was in the Superior A.N.A Sale, August 1975, lot 2022, selling against a $2000 estimate for an astounding, at the time, $23,000. A similar but somewhat lesser example (lot 20) sold in 1988, at the Swiss Bank Coins of Peru Auction, October 1988, for an even more astounding $120,600! Illustrated in Money of the World, coin 145.

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Realized
$276,000
Lot 1151
Peru. 8 Reales, N.D. (1577-1589), *8-PoD (Lima). WR--; KM-14 var.; Cayon-3906; Sellschop 87 (same obverse die); Calbeto 24A. 27.26 grams. Philip II, 1556-1598. Assayer: Diego de la Torre (1577-1588). Crowned Hapsburg shield. Reverse: Quartered arms of Castille and Leon in tressure. Remarkably fine strike for this early issue. Perfectly centered on especially round flan, with handsome old toning and full legends. NGC graded EF-45.
Estimated Value $2,000 - 2,500.
Ex F.C.C. Boyd Collection. Ex Superior A.N.A Sale, August 1975, lot 2023.

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Realized
$2,300
Lot 1152
Peru. "Royal" 8 Reales, 1686-L-R (Lima). WR-3; KM-24. 26.86 grams. Charles II, 1665-1700. Crowned Cross of Jerusalem, quartering arms of Castille and Leon, all in tressure. Reverse: Crowned pillars over waves. Choice even strike, on excellent metal. On huge, nearly round flan (modest flan flaw at center). Three dates visible. Toned. Large and impressive. Extremely Rare. NGC graded EF-40.

The "Royals" were struck on specially selected, round planchets with special dies - the dies not necessarily having the same designs and inscriptions as those coins of the same date and mintmark in the regular coinage. Some of the better specimens may have well been sent to Spain so that the king could see for himself what fine handiwork was being done at the various mints.
Estimated Value $20,000 - 25,000.
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Realized
$26,450
Lot 1153
Peru. 8 Escudos, 1752-J (Lima). Fr-16; KM-50. 26.95 grams. Ferdinand VI, 1746-1759. Large bust type. Draped and cuirassed bust of Ferdinand VI right. Reverse: Small crowned Bourbon arms within chain of the Order of the Golden Fleece. Bold, virtually fully struck centers. The reflective fields showing, mostly on the obverse, modest even wear. Rare in this grade. Considered among the finer known. NGC graded MS-61.

This particular design, with the large bust of Ferdinand, was only struck at the Lima mint, and was the first 8 Escudo portrait type produced there. The type was only issued for three years (1751-1753). A very important and highly desirable coin.
Estimated Value $4,000 - 4,500.
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Realized
$7,188
Lot 1154
Peru. 8 Reales, 1753-J (Lima). Eliz-2; KM-55. Ferdinand VI. Well struck with considerable luster. The earliest pillar dates featured a single assayer letter, which was highly atypical (and arguably illegal) for any Spanish colonial issue. This may be the finest such example available to the public market. NGC graded MS-61.
Estimated Value $1,500 - 1,800.
Ex Irving Goodman Collection.

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Realized
$2,530
Lot 1155
Peru. 8 Reales, 1755- JD (Lima). Eliz-4; WR-6; KM-55.1. 26.92 grams. Ferdinand VI, 1746-1759. Pillar coinage. Crowned Bourbon arms. Reverse: Crowned globes flanked by crowned and bannered pillars, over water. Light clashing seen on reverse die. Otherwise, crisp, virtually complete strike. Pristine surfaces and shimmering cartwheel luster beneath matte old gray toning, which lightens towards the edges to an iridescent display. Probably the finest known. Rare in this grade. NGC graded MS-65.

It must be remembered that coin collecting was not a hobby practiced in Peru or Spain at this time to any significant degree. Thus, high grade silver crowns such as this example are very rare in grade, since there was little motivation to preserve them. Some can be found as sea salvage examples, but they show evidence of saltwater corrosion. To find an example such as this one is special indeed.
Estimated Value $4,000 - 5,000.
Ex Calbeto Collection.

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Realized
$14,950
Lot 1156
Peru. 8 Reales, 1755-JD (Lima). Eliz-4; KM-55. Ferdinand VI. Pillar coinage. Bold strike. Lustrous. NGC graded MS-62.
Estimated Value $800 - 900.
Ex Irving Goodman Collection.

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Realized
$2,645
Lot 1157
Peru. 8 Reales, 1757-JM (Lima). Eliz-7; KM-55. Ferdinand VI. Pillar type. Full even strike, virtually full luster beneath a purple, blue and gray tone. NGC graded MS-61.
Estimated Value $800 - 900.
Ex Irving Goodman Collection.

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Realized
$2,128
Lot 1158
Peru. 8 Escudos, 1762-JM (Lima). Fr-24; KM-68. 27.03 grams. Charles III, 1759-1788. Small young bust. Draped and cuirassed bust of Carles III right, wearing Order of Golden Fleece. Reverse: Crowned arms, Order of Golden Fleece around. Excellent strike, with only two light of adjustment marks seen on obverse. Bright to velvety fields, and lustrous devices. Very Rare in this grade. NGC graded MS-62.

This is the first gold coin type of Charles III issued at the Lima mint. Just a two year type. Very diificult to find.
Estimated Value $8,000 - 9,000.
Ex Trigo Collection.

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Realized
$20,125
Lot 1159
Peru. 8 Reales, 1765-JM (Lima). Eliz-17; KM-64. Charles III. Pillar series. Lovely iridescent toning. Rarely are examples seen that excel in so many ways as does this lovely coin. NGC graded MS-64.
Estimated Value $2,000 - 2,500.
Ex Irving Goodman Collection.

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Realized
$7,500
Lot 1160
Peru. 8 Escudos, 1766 - JM (Lima). Fr-28; KM-70. Charles III, 1759-1788. Young standard bust ("rat-nose" type). Draped and cuirassed bust of Charles III right, wearing Order of Golden Fleece. Reverse: Crowned arms, Order of Golden Fleece around. Excellent strike, on proof-like fields, with lustrous, textured portrait. Light, even die rust starting to show. Very Rare in this grade. This coin the finest known. NGC graded MS-64.

The Order of the Golden Fleece, located on the coat of arms here, is an order founded by king Philip of Burgandy in 1430. It was modelled on the English Order of the Garter, and its membership was limited to thirty knights plus the king. Its members were part of a very elite group enjoying significant privileges. All crimes commited by these knights could only be abjudicated by the same knights. The king had to consult the knights before going to war, and any knights found guilty of a crime would not be imprisoned, but would be placed in the custody of other knights from the Order.
Estimated Value $12,500 - 15,000.
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Realized
$31,050
Lot 1161
Peru. 8 Reales, 1768-JM (Lima). Eliz-20; KM-64. Pillar series. Charles III. Sharply struck detail with considerable mint luster beneath light gray toning. Very scarce this nice. NGC graded MS-61.
Estimated Value $1,500 - 2,000.
Ex Irving Goodman Collection.

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Realized
$2,760
Lot 1162
Peru. 8 Reales, 1769 JM (Lima). Eliz-22; WR-7; KM-64.2. 26.96 grams. Charles III, 1759-1788. One Dot. Pillar coinage, with Imperial Crown on left pillar. Crowned Bourbon arms. Reverse: Crowned globes flanked by crowned and bannered pillars, over water. Choice full strike. Satiny to lustrous devices on semi-reflective fields. Excellent original surfaces and bold cartwheel luster. Faint russet toning towards edges. Rare this nice. NGC graded MS-62.
Estimated Value $3,000 - 4,000.
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Realized
$3,795
Lot 1163
Peru. 8 Escudos, 1771 JM (Lima). Fr-32; KM-73. 26.97 grams. Charles III, 1759-1788. Type III, modified bust ("semi-rat-nose"). Draped and cuirassed bust of Charles III right, wearing Order of Golden Fleece. Reverse: Crowned arms, Order of Golden Fleece around. Exceptional strike, with only a few slight adjustment marks seen on reverse. Proof-like fields, with velvety devices. Rarer 5 year series, and Very Rare in this grade. One of the finest known. NGC graded MS-62.
Estimated Value $10,000 - 12,500.
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Realized
$26,450
Lot 1164
Peru. 8 Escudos, 1772 -JM (Lima). Fr-32; KM-82.2. 26.93 grams. Charles III, 1759-1788. Late standard bust. Draped and cuirassed bust of Charles III right, wearing Order of Golden Fleece. Reverse: Crowned arms, Order of Golden Fleece around. Centers faintly soft, but still well detailed and lustrous. The fields proof-like, with reverse die beginning to show traces of rust. Rare mintmark error with positions of mint and moneyer transposed. Very Rare in this grade. Probably among the finest known of this two year type. NGC graded AU-58.
Estimated Value $4,000 - 5,000.
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Realized
$5,463
Lot 1165
Peru. 8 Reales, 1772 J.M. (Lima). Eliz-27; WR-8; KM-78. 26.88 grams. Charles III, 1759-1788. Laureate, draped, and cuirassed bust of Charles III right. Reverse: Crowned Bourbon arms, flanked by bannered pillars. Superbly struck, with satiny to lustrous devices on reflective fields. Some very faint hairlines, othwerwise choice surfaces with fine cartwheel luster. A superb coin.

First year of issue. NGC graded MS-61.
Estimated Value $1,000 - 1,250.
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Realized
$3,565
Lot 1166
Peru. 8 Reales, 1787/6-MI (Lima). WR-8; KM-78. Charles III, 1759-1788. Bust of Charles III right. Reverse: Crowned arms between pillars. The centers a trifle soft, yet complete. Lovely satiny luster throughout. Lightly toned. NGC graded MS-63.
Estimated Value $1,700 - 2,000.
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Realized
$3,450
Lot 1167
Peru. 8 Escudos, 1789 IJ (Lima). Fr-36; KM-92. 27.03 grams. Charles IV, 1788-1808. Draped idealized bust of Charles III right; name of Charles IV in legend. Reverse: Crowned arms, Order of Golden Fleece around. Bold, virtually full strike, with proof-like fields. The devices, and particularly the portrait, quite lustrous. Very Rare in this grade. One of the finest known. NGC graded AU-58.
Estimated Value $3,500 - 4,000.
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Realized
$6,900
Lot 1168
Peru. 8 Reales, 1799 -M-I. (Lima). WR-10; KM-97. Charles IV, 1788-1808. Bust of Charles III right. Reverse: Crowned arms between pillars. Excellent even, full strike. Lovely satiny luster throughout, with only just a hint of "cabinet friction" to cheek and shoulder of portrait. Lightly toned, with iridescent blues, greens, and russets along edge. NGC graded MS-63.
Estimated Value $400 - 500.
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Realized
$863
Lot 1169
Peru. 8 Reales, 1808 J.P. (Lima). Eliz-73; WR-11; KM-106.1. 26.51 grams. Ferdinand VII, 1808-1833. Large laureate, draped, and cuirassed imaginary bust of Ferdinand right. Reverse: Crowned Bourbon arms, flanked by bannered pillars. Splendid boldly struck portrait, with nearly complete details on reverse. Lustrous to velvety devices on lustrous to partly reflective fields. With bright, shimmering cartwheel luster. This is the finest known example.

First year of an 1808-1809 type, which was changed later in 1809. NGC graded MS-64.

What is somewhat ironic is that the name Peru derives from the word Biru, which was the name of a local Indian ruler who lived in Panama. Pizarro mistakenly thought Biru was further south and called the area Peru after the Incan ruler. Spain recognized the name Peru in 1529. So not only did Pizarro get it wrong, but the area was named after a native. Such a native would be captured, enslaved, and exterminated by the conquerors.
Estimated Value $10,000 - 12,500.
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Realized
$18,975
Lot 1170
Peru. 8 Reales, 1809-JP (Lima). Eliz-74a; WR-11; KM-106.1. Ferdinand VII, 1808-1833. Large uniformed imaginary bust of Ferdinand right, with laurel wreath, wearing Order of Golden Fleece. Reverse: Crowned Bourbon arms, flanked by bannered pillars. Crisp portrait. Satiny luster; light smokey toning. NGC graded MS-61.

Rulers all over Europe adopted the laurel wreath in imitation of the ancient Roman rulers. This was supposed to garner respect. Symbolism was of great importance considering the low literacy rates of the times.
Estimated Value $2,000 - 2,500.
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Realized
$2,990
Lot 1171
Peru. 8 Reales, 1811 J.P. (Lima). Eliz-79; WR-12; KM-117.1. 26.31 grams. Ferdinand VII, 1808-1833. Laureate and draped bust of Ferdinand VII right. Reverse: Crowned Bourbon arms, flanked by bannered pillars. Well struck portrait, with virtually full details. Matte to lustrous devices on lustrous to partly reflective fields. Obverse die shows evidence of incipient collapse. Devices toned to gray, with lighter toning in fields. Especially choice for issue. NGC graded MS-62.

The words "plus ultra" are found on the pillars on the reverse of most Spanish large silver coins. This motto is the motto of Spain and means further beyond. The two pillars represent the Pillars of Hercules, and in ancient times this was the westernmost boundary of the known world. The original motto was "nec plus ultra", meaning nothing farther beyond.
Estimated Value $2,000 - 2,500.
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Realized
$2,415
Lot 1172
Peru. 8 Reales, 1811 JP (Lima). Eliz-77; Calbeto-411; KM-106.2 Ferdinand VII, 1808-1833. Large uniformed imaginary bust of Ferdinand right, with laurel wreath, wearing Order of Golden Fleece. Reverse: Crowned Bourbon arms, flanked by bannered pillars. Lustrous. NGC graded MS-62.
Estimated Value $1,500 - 1,800.
Ex Irving Goodman Collection.

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Realized
$2,645
Lot 1173
Peru. 8 Escudos, 1812-JP (Lima). Fr-48; KM-118. 26.88 grams. Ferdinand VII, 1808-1833. Large draped and laureate bust of Ferdinand right. Reverse: Crowned arms, Order of Golden Fleece around. Choice, fully struck centers, with only modest weakness at 3 o'clock obverse / 9 o'clock reverse edges. Some minor lamination and metal flaws on planchet reverse. Otherwise, brilliant proof-like fields, with lustrous devices, and dignified portrait. Rare in this grade. One year type, and one of the finest known. NGC graded MS-61.
Estimated Value $5,000 - 6,000.
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Realized
$16,100
Lot 1174
Peru - Republic. 8 Reales, 1822 JP (Lima). WR-14; Eliz-98; KM-136. 27.16 grams. Arms in shield, supported by eagle and alpaca, flags and palm behind. Reverse: Justice and Virtue stand flanking bannered column. Quite decent strike, with especially clean surfaces. Fine, even medium toning. Vibrant cartwheel luster.

The first crown for Independent Peru. This being one of the finest known examples. NGC graded MS-63.

Peru's independence was proclaimed in 1821, but the revolution dragged on until 1824. Spain did not want to relinquish this profitable colony, and actually made additional attempts to retake it. It was not until 1879 that Spain officially recognized Peru's independence. This crown is known as the Peru libre (free Peru), type. A tough coin to find this choice.
Estimated Value $2,500 - 3,000.
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Realized
$3,680
Lot 1175
Peru - Royalist Issue. 8 Reales, marked 1824, on 1822 -JP (Lima). WR-15; Eliz-P1; KM-130. 27.08 grams. Royalist Counterstamp. Crown over 1824, stamped over shield supported by eagle and alpaca, flags and palm behind. Reverse: Justice and Virtue stand flanking bannered column. The host coin retaining most of its shimmering luster. Lightly toned.
This example recognized by most experts as the Finest Known!. NGC graded AU-55.

Imagine a revolution going on and many locals are totally opposed to its success. They yearn for "the good old days" of Spanish rule (and their own wealth and privilege). So they countermarked these revolutionary republican coins with a royalist counterstamp. Interestingly enough, the counterstamp was applied to either the obverse or the reverse.
Estimated Value $2,500 - 3,000.
Ex Carlos Zapata Collection.

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Realized
$2,415
Lot 1176
Peru. Republic. Pattern 8 Reales, 1825 -JM (Lima). KM-Pn-1 (plate coin). 36.94 grams. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, less helmet, as Liberty, stands left supporting tasseled cap on spear, while one hand rests on shield. Beautifully struck, the fields almost pristine and highly lustrous. With faint warm to smoky toning.

Proof pattern for the first 8 Reales of the new republic. Absolutely Unique. NGC graded Proof 63.
Estimated Value $35,000 - 40,000.
Fonrobert 9013, ex Ulex Collection, lot 4143; ex Newcomer Collection, lot 725; J. Schulman 1939 Sale, lot 684. Grunthall-Sellschopp Book, no. 794 (plate coin); Sellschopp Collection by Swiss Bank Corp. Sale, September 1988, lot 1162 (realized 30,000+ Swiss francs). Ex Carlos Zapata Collection.

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Realized
$47,150
Lot 1177
Peru. Republic. Pattern 8 Reales, 1826 M-JM (Lima). KM-Pn-2. 29.30 grams. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, as Liberty, stands frontal supporting tasseled cap on spear, while one hand rests on shield. Plain edge. Splendid strike. Light hairlining throughout. With artistic, warm to smoky toning, showing fine blues and violets in the recesses. A very handsome coin.

Another extremely important proof pattern for the first 8 Reales of the new republic. One of 2 known specimens. NGC graded Proof 61.
Estimated Value $20,000 - 25,000.
Ex Palace Collections of King Farouk, Glendining March 1954, lot 2088; ex Barton Collection; ex Carlos Zapata Collection. For reference, the other known specimen: Fonrobert 9015; Guttag 4337B; ex Peltzer Collection, by Glendining, June 1927, lot 1222; Sellschopp Collection, by Swiss Bank Corp. Sale, September 1988, lot 1163 (realized 20,000+ Swiss francs).

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Realized
$21,275
Lot 1178
Peru. Republic. 8 Reales, 1826 JM (Lima). WR-16; Eliz-101; KM-142.1. 26.42 grams. Small Liberty type. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, as Liberty, stands frontal supporting tasseled cap on spear, while one hand rests on shield. A superior strike. Fine reflective fields with excellent cartwheel luster. Light smoky toning, more intense along the edges. NGC graded MS-63.
Estimated Value $1,000 - 1,250.
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Realized
$1,840
Lot 1179
Peru. Republic. 8 Reales, 1828-G (Cuzco). WR-16; Eliz-108; KM-142.2. 26.42 grams. Small Liberty type. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, as Liberty, stands frontal supporting tasseled cap on spear, while one hand rests on shield. Centers a trifle soft, but better than typical strike. Reflective fields with appealing luster. Light, slightly smoky toning on the obverse; darker on the reverse, with more intense coloring along the edges. NGC graded MS-61.

Cuzco served as the ancient Incan capital. It is situated in southeastern Peru at an altitude of 11,500 feet. It was conquered by Pizarro in 1534. Incan tradition says the city.was built by the great king Sapa Inca Pachacuti, who transformed the Incan area from a small community to a great empire. Archaeological evidence disputes this legend and has the city at an earlier origin.
Estimated Value $700 - 800.
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Realized
$920
Lot 1180
Peru - Republic. 8 Escudos, 1829/8 -JM (Lima). Fr-62; KM-148.1. 26.96 grams. Tri-segmented shield of arms supported by crossed flags, and crowned above by wreath. Reverse: Liberty as Pallas Athene, stands frontal supporting cap on spear, while one hand rests on shield. Very well struck for issue, and on choice flan. Lustrous, with only slight occasional marks. Rare in grade. NGC graded AU-58.

Pallas Athena,the Greek goddess of wisdom and heroic endeavor, is portrayed on many Peruvian coins. Her intelligence, cunning, and warrior skills make for a formidable combination.
Estimated Value $1,500 - 2,000.
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Realized
$2,128
Lot 1181
Peru - Republic. 8 Escudos, 1831 -G (Cuzco). Fr-63; KM-148.2. 26.98 grams. Tri-segmented shield of arms supported by crossed flags, and crowned above by wreath. Reverse: Liberty as Pallas Athene, stands frontal supporting cap on spear, while one hand rests on shield. A better strike on a choice flan. Lustrous and very clean, aside from some modest planchet flaws on reverse. Proof-like reflective fields. Rare in this grade. One of the finest known examples. NGC graded MS-62.
Estimated Value $3,000 - 3,500.
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Realized
$3,910
Lot 1182
Peru. Republic. 8 Reales, 1831-G (Cuzco). WR-17; Eliz-133; KM-142.4. 27.01 grams. Large Liberty type. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, as Liberty, stands frontal supporting tasseled cap on spear, while one hand rests on shield. Very good strike, the fields quite clean. Pleasing medium to deep smoky toning, with fine multicolored iridescence along the peripheries. NGC graded AU-58.
Estimated Value $400 - 500.
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Realized
$546
Lot 1183
Peru. Republic. 8 Reales, 1832-MM (Lima). WR-17; Eliz-118; KM-142.3. 26.02 grams. Large Liberty type. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, as Liberty, stands frontal supporting tasseled cap on spear, while one hand rests on shield. Good almost full strike. Fields satiny to reflective, with bold cartwheel luster. Variegated medium to deep smoky toning, more intense on the obverse, with fine coloring in the recesses. NGC graded MS-62.
Estimated Value $400 - 500.
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Realized
$546
Lot 1184
Peru. 8 Escudos, 1835-B (Cuzco). Fr-63; KM-148.3. Liberty standing holding shield and pole. Reverse Arms. Glittering prooflike surfaces. Rare to locate this nice. NGC graded MS-62.
Estimated Value $3,000 - 3,500.
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Realized
$5,750
Lot 1185
Peru. Republic. 8 Reales, 1835-B (Cuzco). WR-17; Eliz-139; KM-142.5. 26.87 grams. Large Liberty type. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, as Liberty, stands frontal supporting plain cap on spear, while one hand rests on shield. Good, fairly bold strike. Lustrous, with even medium to deep toning, and with hints of coloring in the recesses. One-year type coin. NGC graded AU-53.
Estimated Value $1,250 - 1,500.
Ex James Hunnicutt Collection.

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Realized
$1,150
Lot 1186
Peru. Republic. Proof Pattern 8 Reales, 1837 -B (Lima). KM-Pn-5. 27.34 grams. Barre Liberty type. Tripartite shield of arms flanked by wreath, and crowned above by oak wreath. Reverse: Pallas Athene, as Liberty wearing peaked cap, stands frontal holding upright spear, one hand rests on shield. Plain edge. Wonderful, detailed strike. Faint hairlines on obverse, typical of coins from King Farouk. Handsome, even medium to smoky toning. Elegant French coin design. NGC graded Proof 63.
Estimated Value $20,000 - 25,000.
Ex Palace Collections of King Farouk, Glendining March 1954, lot 2088. Ex Barton and ex Carlos Zapata Collections. Possibly Unique. The only known specimen in private hands.

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Realized
$29,900
Lot 1187
Peru - North. 8 Escudos, 1838-M (Lima). Fr-87; KM-156. Flag-draped national arms with wreath above. Reverse Standing Liberty with shield and Liberty cap on pole. Very few specimens exist, probably less than 10 are known. This specimen is well struck and nicely centered, highlighting its lustrous fields. Very Rare. NGC graded AU-58.
Estimated Value $12,000 - 15,000.
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Realized
$26,450
Lot 1188
Peru - South Peru. 8 Escudos, 1838 -MS (Cuzco). Fr-92; KM-171. 26.96 grams. State Coinage. Radiant sun face supported on crossed flags, row of stars above. Reverse: Scene of crowned fortress, volcano, and ship at sea, and cornucopia below, all within wreath. Choice strike on excellent flan. Lustrous and very clean for large gold. Overall, superb quality for this issue. NGC graded MS-63.
Estimated Value $4,000 - 5,000.
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Realized
$9,200
Lot 1189
Peru - South Peru. Specimen 8 Reales, 1837-BA (Cuzco). WR-19 var. (raised edge); note KM-170.1. 27.44 grams. State Coinage. Large letters "FEDERACION" type. Radiant sun face, row of stars above. Reverse: Scene of crowned fortress, volcano, and ship at sea, and cornucopia below, all within wreath. Crisp, detailed strike on choice flan. Satiny to bright fields, with excellent cartwheel luster, the devices softly lustrous to matte. Simply superb quality for this issue.

One-year Sunface type. Special Specimen striking with raised lettering edge. KM states only 5 pieces known; this is finest known example. NGC graded MS-63.
Estimated Value $6,000 - 7,000.
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Realized
$8,625
Lot 1190
Peru - South Peru. 8 Reales, 1838-BA (Cuzco). WR-20; Eliz-182; KM-170.4. 27.15 grams. State Coinage. Large letters "CONFEDERACION" type. Radiant sun face, row of stars above. Reverse: Scene of crowned fortress, volcano, and ship at sea, and cornucopia below, all within wreath. Choice strike. Lustrous and very clean for series. Variegated medium to deep smoky toning, more intense on the obverse, with coloring in the recesses. A very attractive example. Three-year type. NGC graded MS-62.
Estimated Value $1,700 - 2,000.
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Realized
$2,300
Lot 1191
Peru. Republic. 8 Reales, 1840-A (Cuzco). WR-22; Eliz-149; KM-142.9. 26.43 grams. Large Liberty type; fineness in obv. legend. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, as Liberty, stands frontal supporting plain cap on spear, while one hand rests on shield. Well struck. Lustrous, with handsome medium to deep toning, and with impressive coloring towards the recesses. One-year type coin. NGC graded MS-63.
Estimated Value $1,500 - 1,800.
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Realized
$1,840
Lot 1192
Peru. Republic. 8 Escudos, 1840 -A (Cuzco). Fr-63; KM-148.3. Large Legends type. Tri-segmented shield of arms supported by crossed flags, and crowned above by wreath. Reverse: Liberty as Pallas Athene, stands frontal supporting cap on spear, while one hand rests on shield. Few planchet flaws, lustrous and proof-like. NGC graded MS-62.

The standard issue gold 8 Escudos that were struck after Peru's independence and circulated as legal tender in the United States until the United States Mint struck $20.00 gold pieces in 1850.
Estimated Value $1,200 - 1,500.
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Realized
$3,335
Lot 1193
Peru. Republic. 8 Reales, 1841-MB (Lima). WR-22; Eliz-147; KM-142.8. 25.85 grams. Large Liberty type; fineness in obv. legend. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, as Liberty, stands frontal supporting plain cap on spear, while one hand rests on shield. Excellent bold strike. Lustrous, with even light to medium toning. NGC graded MS-62.
Estimated Value $500 - 600.
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Realized
$863
Lot 1194
Peru. Republic. 8 Reales, 1851-MB (Lima). WR-23; Eliz-162; KM-142.10. 26.88 grams. Barre Liberty type. Tripartite shield of arms flanked by wreath, and crowned above by oak wreath. Reverse: Pallas Athene, as Liberty wearing peaked cap, stands frontal holding upright spear, one hand rests on shield. Choice business strike. Lustrous and quite clean for series. Light to medium smoky artistic toning, with fine coloring in the recesses - more so on the reverse. An appealing example. Rare.

Rare variant with "roped" edge, occurring in the last three years of issue. NGC graded MS-62.
Estimated Value $1,200 - 1,500.
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Realized
$1,208
Lot 1195
Peru. Republic. 8 Reales, 1853-MB (Lima). WR-23 var.; Eliz-169; KM-142.12. 27.02 grams. Barre Liberty type; small letters in legend. Tripartite shield of arms flanked by wreath, and crowned above by oak wreath. Reverse: Pallas Athene, as Liberty wearing peaked cap, stands frontal holding upright spear, one hand rests on shield. Better strike, but some softness to centers. Quite clean and lustrous. Medium to deep, even smoky toning - some fine coloring to recesses, especially on obverse.
One-year type with "small legends" and reeded edge. One of the finest known exmples. NGC graded MS-61.
Estimated Value $1,500 - 2,000.
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Realized
$1,553
Lot 1196
Peru - Republic. 8 Escudos, 1853- MB (Lima). Fr-62 var.; KM-148.4. 27.03 grams. Small Legends type. Tri-segmented shield of arms supported by crossed flags, and crowned above by wreath. Reverse: Liberty as Pallas Athene, stands frontal supporting cap on spear, while one hand rests on shield. A better strike on a choice flan. Coin with minimal gentle handling -- fields remain very lustrous, while the reverse still shows strong cartwheel effect. NGC graded MS-61.

Machu Picchu was the spiritual center of the Inca nation, and has a special place in the hearts of the Peruvian people. Although less than 50 miles from Cuzco, it was never discovered by the Spaniards, and therefore never destroyed. Today, over 400,000 tourists visit the site each year. It was "rediscovered" in 1911 by the Yale archaelogist, Hiram Bingham.
Estimated Value $1,250 - 1,500.
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Realized
$2,128
Lot 1197
Peru - Republic. 8 Escudos, 1855 -MB (Lima). Fr-62 var.; KM-148.5. 26.91 grams. Abbreviated "REPUB." Tri-segmented shield of arms supported by crossed flags, and crowned above by wreath. Reverse: Liberty as Pallas Athene, stands frontal supporting cap on spear, while one hand rests on shield. Soft centers, but better than typical. Deep old toning, with areas of red and magenta -- slightly mottled with blue. Satiny to mirror fields with bold cartwheel luster. A one year type. A common coin, but very rare when well struck and preserved. This is one of the finest known. NGC graded MS-62.
Estimated Value $2,000 - 2,500.
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Realized
$4,830
Lot 1198
Peru. Republic. 8 Reales, 1855-MB (Lima). WR--; Eliz-166; KM-142.10a. 23.75 grams. Barre Liberty type; reduced weight. Tripartite shield of arms flanked by wreath, and crowned above by oak wreath. Reverse: Pallas Athene, as Liberty wearing peaked cap, stands frontal holding upright spear, one hand rests on shield. Good strike. Lustrous and quite clean. Medium smoky toning, finely colored and artistic on the obverse, more even and tending to the blues on the reverse.
This issue with revised lower weight, thus rendering the coin a one-year type. NGC graded AU-58.
Estimated Value $300 - 400.
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Realized
$299
Lot 1199
Peru. Republic. 8 Reales, 1857 -Oz (Pasco). Eliz-167; WR --; KM-142.13. 23.29 grams. Liberty stands frontal, draped and cloaked and wearing aegis, holding spear while one hand rests on shield. Reverse: Shield of arms flanked by wreath, and crowned above by wreath of oak. Clean, sharp strike, although the centers are a bit soft. Some light marks, yet the overall appearance is very clean. Superb toning, with much remaining luster on the reverse. Extremely Rare. NGC graded AU-58.

This is the rarest type coin in the South American Republic series. When Wayte Raymond published his work on New World silver dollars, the type was unkown to him. Since then, only four of this type have been confirmed, with not over seven rumored to exist. Being the most elusive of rarities, only three public sales have occurred over the past three decades. Of these, one was a seriously damaged About Good. Another example, sold at auction in 1983, in the ANA "America's Sale," and fetched $28,600. Another, in Very Fine only but with a legend variant, brought $20,900 in 1990 (Superior, Dec. 1-2, 1990, lot 781).
Estimated Value $25,000 - 30,000.
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Realized
$31,050



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