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Sale 46


 
 
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Lot 997

Chile - Republic. Peso, 1817 (Santiago). WR-9; Eliz-78; KM-82.1. 26.91 grams. Volcano type; without assayer. Smoking volcano; wreath above, value within. Reverse: Column surmounted by globe; star and banner above. Good bold strike, slightly off center. A few noticeable marks, but overall light and gentle wear. The proof-like fields still very reflective. Lightly toned a slightly warm gray. Extremely Rare.

A one year type, and the first and earliest Peso for the country. Extremely Rare - less than 10 known, and mostly in poor condition. This coin is considered the Finest Known. NGC graded AU-58.

Chile has scores of volcanoes from the northern desert to the southern glaciers. Most are inactive, yet the nation is quite proud of these amazing natural wonders. The choice of a volcano motif on the first republican crown in 1817 speaks volumes for the importance of the volcano in contemporary culture.
Estimated Value $8,000 - 9,000.

 
Realized $15,525



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