Chile 1784-So DA 8 reales

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from Heritage sale 3049, lot 30590
Chile H3049-30590r.jpg

This specimen was lot 30590 in Heritage sale 3049 (Long Beach, September 2016), where it sold for $5,640. The catalog description[1] noted, "Charles III 8 Reales 1784 So-DA VF35 NGC, Santiago mint. Large Mintmark variety. Among the more affordable examples of the type, and yet still incredibly elusive with a single example of both mintmark varieties (this coin) graded between NGC and PCGS and no raw examples appearing in our search of archived auction results. As an unflawed, highly original example, all-the-more desirable, and for the specialist of early Chilean coinage, an undeniably important offering." Despite what seems to be a fairly substantial recorded mintage and nearly continuous production during 1773-89, Santiago portrait eight reales of Charles III are almost as scarce as pillar dollars from that mint.

Recorded mintage: 128,000.

Specification: 27.07 g, .896 fine silver, .780 troy oz ASW.

Catalog reference: Eliz-36; WR-3; KM 31.


Source:

  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3049, featuring the Ohio Valley Collection, the Redwood Collection and the F.P. Briand Collection, Dallas, TX: Heritage Auction Galleries, 2016.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.

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