Lot 945
Bolivia. 8 Reales, 1823-P-J (Potosi). WR-17; KM-84. Ferdinand VII, 1808-1833. Bust of Ferdinand right. Reverse: Crowned arms between pillars. Portrait well struck up; the reverse splendid. Very lustrous with faint toning. Very nice for type. NGC graded MS-62.
Ferdinand was an appropriate son of his incompetent father. He attempted to turn to Napoleon for help, which only caused him to be imprisoned for seven years in France. He was then restored by the autocratic allies in 1814, but ruled so poorly that he was the laughing stock of Europe. During his rule, all of Latin America gained independence from Spain and Portugal. It is true, that independence was a powerful force in Latin America, but one wonders if a truly strong and intelligent monarch could have delayed its success.
Estimated Value $300 - 350.
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| Realized $1,035 |
