Philippines (1832-34) c/s 8 reales KM-45

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Stack's Bowers 2015 NYINC sale, lot 1370
photo courtesy Stack's Bowers LLC
This specimen was lot 1370 in Stacks-Bowers NYINC sale (New York, January 2015), where it sold for $1,527.50. The catalog description[1] noted,
"PHILIPPINES. 8 Reales, ND (Authorized October 2, 1832, commencing October 5, 1832, officially ending December 20, 1834). Type V countermark crowned F.7.0 within circle. On an 1815-PTSFL Argentina 8 Soles. Scarce host coin. Countermark slightly unevenly struck and slightly of center with small die crack at 1 o'clock. Sizable planchet flaw on reverse at 5 o'clock. Moderately worn with dark grey toning. Countermark VF Details, host coin PCGS Genuine--Planchet Flaw, VF Details Secure Holder."
This counterstamp was applied 1832-34 to Latin American pesos arriving in Manila from the newly independent republics, none of which were recognized by Spain. The SCWC lists over forty different types receiving this counterstamp.

Recorded mintage: unknown.

Specification: 27.07 g, .903 fine silver.

Catalog reference: KM-45; Basso-41; PNM#16-36; cf.Cacho-Type VIII CS-003; Lopez-Chavez Yriarte-Type III group A; Gil-Crown variety 5.4.2-B (1833).

Source:

  • Basso, Aldo P., Coins, Medals and Tokens of the Philippines, Menlo Park, CA: 1968.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Ponterio, Richard, The January 2015 NYINC Auction: Ancient Coins, World Coins & Paper Money, Featuring the John W. Adams and Ray Czabor Collections, Irvine, CA: Stack's Bowers LLC, 2014.

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