Lot 955
Bolivia - Republic. 8 Escudos, 1852 PTS-FP (Potosi). Fr-34; KM-116. 27.02 grams. Laureate head type. Radiant sun above Cerro de Potosi, alpaca, wheat sheaf, and row of stars below; denomination as "8E", 21Qs. in legend. Reverse: Laureate head of Bolivar right, name in neck truncation. Sharp and fully struck up. Quite clean, with brilliant to proof-like fields and matte, cameo-like devices. NGC graded MS-62.
Bolivia is quite large with an area equal to 1 1/2 times the size of Texas. Bolivia is one of two landlocked countries in South America, after it lost its coastal department of Litoral to Chile in 1879 during the War of the Pacific. In fact, Bolivia was involved in wars throughout the 19th century with Peru, Chile, and Argentina. The instability of South America during this period is directly attributable to the government of Spain not involving the local people in government during earlier colonial times.
Estimated Value $3,000 - 3,500.
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| Realized $7,188 |
