Lot 928
Argentina - Republic. 8 Escudos, 1840-R (La Rioja). Fr-9; KM-11. 26.62 grams. Mountain peak, crossed artillery and pennants beneath. Reverse: Oval shield with hands holding liberty cap, wreath around, supported by crossed pennants and artillery and topped by radiant sun. Well struck, with clean, even wear and minimal marks in the fields. Light old red toning with iridescent touches of dark rose and steely blues to be seen along the peripheries. In remarkable preservation for this one year type. One of the finest known of this key date. Rare, especially in this grade. NGC graded AU-50.
The main mines in La Rioja province were located at the city of Chilecito. Here, cobs were minted from 1821-1824. These crude coins were later recalled and almost all found today are copies. The minting for the province was transferred to the capital city of La Rioja in 1824, and here coins ere produced until 1860. The mines at Chilecito were located within Famatina Mountain, and that mountain is pictured on this coin.
Estimated Value $7,000 - 8,000.
Ex. Hammel Collection. KM-11 plate coin;X & F Calico, no. 1993, the plate coin.
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| Realized $12,075 |
