Lot 954
Bolivia - Republic. 8 Escudos, 1852 PTS-FP (Potosi). Fr-33; KM-115. 26.95 grams. Laureate head type. Radiant sun above Cerro de Potosi, alpaca, wheat sheaf, and row of stars below; 21 Qs. in legend. Reverse: Laureate head of Bolivar left, name in neck truncation. Exceptionally bold, sharp strike. A very clean coin, with only tiny contact marks at cheek and neck. Lustrous and brilliant, with proof-like fields and satiny devices. Extremely Rare one year type. Probably the finest known example.
A classic rarity. With only 6 specimens known, this issue is the rarest of the Bolivian portrait onzas. Spinks sold an inferior specimen in the 1970's for well over $20,000. NGC graded MS-63 Prooflike.
Bolivar is considered one of the classic revolutionary heroes. He is honored with statues in such diverse places as Cairo and Teheran, and an avenue in Ankara, Turkey. Currencies in Bolivia (Boliviano), and Venezuela (Bolivar), bear his name. He was president of six countries in Latin America. The controversial president of Venezuela, Hugo Chavez, who wishes to unite South America, sees Bolivar as a role model.
Estimated Value $25,000 - 30,000.
Illustrated in Money of the World, coin 171.
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| Realized $60,375 |
