Bolivia 1827-PTS JM 8 soles

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Goldberg sale 46, lot 946
photo courtesy Ira & Larry Goldberg
This specimen was lot 946 in Goldberg sale 46 (Beverly Hills, May 2008), where it sold for $1,000. The catalog description[1] noted,
"Bolivia - Republic. 8 Soles, 1827 PTS-JM (Potosi). Two recumbent alpacas beneath tree;stars above. Reverse: Laureate military bust of Simon Bolivar right; name below. Reeded edge. Bold, almost full strike, on choice flan. Obviously a treasured momento as the coin is extraordinarily free of handling marks, although evidence of an old, gentle cleaning can be seen in the faint hairlines over the reflective fields. Lovely multi-hued warm toning, with pronounced golds, russets, and violet and blue on reverse. Scarce in this grade. First year republican crown of Bolivia. NGC graded AU-55. Simon Bolivar, known as 'the Liberator', is the most celebrated patriot of South America. Bolivar and Jose de San Martin can be credited with freeing all the countries of the continent from Spanish rule. Unfortunately, his success ended with independence. Bolivar had many grand plans for a unified continent operating under liberal ideals. Petty jealousies and an anti-liberal sentiment thwarted his efforts."

This type was struck in large quantities 1827-40 after Bolivian independence. This coin usually comes poorly struck on bad planchets; this specimen is exceptional. Later eight soles were struck to the same weight standard until 1859, when the weight was lowered to 20 grams.

Recorded mintage: unknown but common.

Specification: 27 g, .903 fine silver, edge reeded and lettered AYACUCHO SUCRE 1824; this specimen: 26.95 grams.

Catalog reference: WR-18; Eliz-73; KM 97.

Source:

  • [1]Goldberg, Ira, and Larry Goldberg, Goldberg Sale 46: the Millenia Collection, Beverly Hills, CA: Ira and Larry Goldberg Auctioneers, 2008.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.

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