Bolivia 1851-PTS MF 8 scudos

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Eliasberg lot 1086
Bolivia 1851 8 escudos rev Eliasberg AN14320903-rz.jpg
This specimen was lot 1086 in the Eliasberg sale, where it sold for $2300. The catalog description[1] noted,
"1851 MF 8 escudos. Potosi mint. VF details (NCS). Plain head of Bolivar to left, legends around, BOLIVAR on truncation/type as above. Medium yellow gold, obverse shows significant planchet flaws, three cuts on edge perhaps from an old mounting. A reasonably attractive specimen of this difficult type, the best piece Wayte Raymond could find in his 1936 standard work on the gold coins of South America. This date called 'rarisima' (extremely rare) in Calico. From Stack's sale of the Col. James W. Flanagan Collection, March 1944, Lot 602. Plated in Wayte Raymond's The Gold Coins of South America, 1936; and in the serial published in Coin Collector's Journal, February 1937, Vol. 3, #11, p. 242."

While silver coins from Bolivia exist in vast quantities, gold from Bolivia is scarce. For the colonial period, Colombia may be regarded as the most prolific issuer, followed by Mexico, followed by Peru. Bolivia, Chile and Guatemala are minor sources. This type was struck the one year only and is very rare.

Recorded mintage: unknown.

Specification: 27.07 g, .875 fine gold, .761 troy oz AGW; this specimen: 26.86 grams, 35.20 mm diameter.

Catalog reference: KM 110, Fr-31, Calico Onza-1595.

Source:

  • [1]Kraljevich, John, John Pack, Elizabeth O. Piper and Frank Van Valen, The Louis E. Eliasberg, Sr., Collection of World Gold Coins and Medals, Wolfboro, NH: American Numismatic Rarities, 2005.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.

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