Lot 1177
Peru. Republic. Pattern 8 Reales, 1826 M-JM (Lima). KM-Pn-2. 29.30 grams. Tripartite shield of arms flanked by wreath, and crowned above by smaller wreath. Reverse: Pallas Athene, as Liberty, stands frontal supporting tasseled cap on spear, while one hand rests on shield. Plain edge. Splendid strike. Light hairlining throughout. With artistic, warm to smoky toning, showing fine blues and violets in the recesses. A very handsome coin.
Another extremely important proof pattern for the first 8 Reales of the new republic. One of 2 known specimens. NGC graded Proof 61.
Estimated Value $20,000 - 25,000.
Ex Palace Collections of King Farouk, Glendining March 1954, lot 2088; ex Barton Collection; ex Carlos Zapata Collection. For reference, the other known specimen: Fonrobert 9015; Guttag 4337B; ex Peltzer Collection, by Glendining, June 1927, lot 1222; Sellschopp Collection, by Swiss Bank Corp. Sale, September 1988, lot 1163 (realized 20,000+ Swiss francs).
|
| |
| Realized $21,275 |
