Lot 922
Argentina - Provincias del Rio de la Plata. 8 Escudos, 1832 RA-P (La Rioja). Fr-2; KM-21. 26.92 grams. Second sunface type. Flaming sun with human face. Reverse: Oval shield with clasped hands upholding cap of Liberty, wreath around, supported on crossed banners and cannons. Sharp, even strike. The fields unusually clean, with much residual luster, and a touch of attractive reddish toning. Rare in this grade. NGC graded MS-64.
Argentina claimed independence from Spain in 1816, and hostilities ended in 1824. Yet the primitive transportation throughout the country and its vast size, made organized central government almost impossible. This resulted in numerous local mints established and local independent areas loosely federalized with little power vested in the central government. This situation lasted past 1860 until national railroads were built. La Rioja, located in the northwest part of the nation, is an example of provincial power.
Estimated Value $6,500 - 7,500.
|
| |
| Realized $23,000 |
