Lot 918
Argentina - Provincias del Rio de la Plata. 8 Escudos, 1813 PTS-J (Potosi). Fr-1; KM-9. 27.01 grams. First 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. A few marks on reverse field, along with some trifling, faint adjustment marks, otherwise a superior flan, and perfectly struck. The obverse sharp and splendidly detailed. Reflective fields. A one year type coin. Extremely Rare.
Argentina's first coinage independent of Spain, and likewise the first independent gold coinage of South America. A one year issue only. With just 12 examples known, this coin is the classic gold rarity of the South American series. This specimen being acknowledged by both experts, and the Republic of Argentina itself, as the finest known example, and that by a generous margin. NGC graded MS-62.
Potosi, located in Bolivia, was the home of some of the greatest silver deposits ever found in the world. It became an important mint, when it was determined it was easier to bring the minting equipment to Potosi, than the silver ore ot the rest of South America. Even though this is a gold coin, it was still minted at Potosi, because the Argentine minting equipment had yet to be set up.
Estimated Value $70,000 - 80,000.
Illustrated in Money of the World, coin 167; Ex: Carlos Jansen; Ex: Alberto Derman.
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| Realized $161,000 |
