Lot 929
Argentina - Republic. 8 Escudos, 1842-R (La Rioja). Fr-10; KM-14. 26.87 grams. General Rosas type. Military bust of General Rosas left, his name and floral garnish below. Reverse: Oval shield with hands holding liberty cap, wreath around, supported by crossed pennants and artillery and topped by radiant sun. Sharply struck, except at the centers, especially the reverse, which are weak. Planchet very clean and lustrous, even proof-like, but for reverse center where light adjustment marks are visible. One of the finest known of this one year type. Extremely Rare. NGC graded MS-62.
This coin is the Second Finest Known. The Finest Known is in a museum. A classic world coin rarity. Less than 10 known, with many of these in institutional cabinets. One of the key types to the 8 Escudos series.
Estimated Value $35,000 - 40,000.
Illustrated in Money of the World, coin 169.
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| Realized $89,125 |
