There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Lot
23841

Chile: Republic Coquimbo Peso 1828-TH,...

2011 September Long Beach Signature World & Ancient Coins Auction #3015

 
Sold for: Sign-in or Join (free & quick)
‡Note: The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Sep 8, 2011
Item Activity: 2 Internet/mail/phone bidders
1,382 page views
Location:

Long Beach Convention Center
300 E. Ocean Blvd.
Long Beach, CA 90802

 

Special Note: The Antiquities will be available for viewing at our Beverly Hills office only.

Description:
CLASSIC LATIN AMERICAN RARITY
Republic Coquimbo Peso 1828-TH, KM88, WR-10, Eliz-98, XF45 NGC. One of Latin America's most intriguing coins, the Coquimbo Peso has been subject to heated discussions for decades. There are two types recognized of this issue, some scholars name them "A" and "B" while others label them "Fine" and "Crude". While there have been discussions over the originality of type "B" Coquimbos (or "crude"), type "A" is unquestionably authentic and struck in the 1820's as it is recorded that one of such pieces was donated to the Bank of England in the first half of the 19th century. The coin presented here is a type "A" (or "Fine") coin with all the matching die characteristics which are listed by scholars on type. The slight die break is visible on the obverse starting on the letter "E" in "Chile" and descending towards the volcano smoke. The letter "C" in "Coquimbo" is identical to the one in "Chile", as is the letter "N" in "Union" and "Independiente" and the digits "8" on the date. Additionally, the final "O" of Coquimbo seems a bit larger and higher than the rest of the letters and as are both letters "U" in "Union" and "Fuerza" on the reverse. Additional die matches include the doubling of the "P" in Peso (or shadowing) as well as a very thin vertical line inside the "B" of "Coquimbo".

As it is usual of type "A" Coquimbo Pesos, this piece has excellent lightly reflective surfaces and detail with even gray toning on both sides. Very few coins were produced at the Coquimbo Mint, mostly due to bureaucratic rejections from Santiago making it a major rarity and highly desirable to Latin American or World Crown collectors. The Millennia piece graded MS64 by NGC realized $138,000 in May 2008.
From The Tarapaca Collection of Chilean Coins

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
903,907
bidder-members
$990,383,489
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 8 days left to consign to the 2015 January 4 - 5 NYINC World Coins & Ancient Coins Signature Auction - Waldorf NYINC!
Learn About Consigning With Us
I have now had four successful auctions with Heritage and plan on at least several more with your firm.
[ Entire Letter » ]
Lowell J. DeMers, CPA,
Los Angeles, CA
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 October 27 The Eugene H. Gardner Collection II US Coins Signature Auction - New York
2014 October 27 The Eugene H. Gardner Collection II US Coins Signature Auction - New York
REALIZED $13,750,586
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED $9,033,516
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,808,588