Skip to main content
Go to accessibility notice

    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


    ‡ The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.

    Auction Info

    Auction Dates
    September, 2011
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 3,916

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    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 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 24 days left to consign to the 2019 August 13 - 16 ANA World's Fair of Money World Coins Signature Auction - Chicago!

    Learn about consigning with us

    Due completely to Heritage's thoroughly diligent and professional management and promotion of the collection, the faraday Collection stirred national attention among numismatists and the auction results brought a gross value greater than that last estimated by the experienced collector.
    The Estate of David M. Faraday ,
    San Rafael, CA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago
    2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago
    REALIZED $19,417,283
    2019 April 25 - 29 Central States World Coins & Ancient Coins Signature Auction - Chicago
    2019 April 25 - 29 Central States World Coins & Ancient Coins Signature Auction - Chicago
    REALIZED $8,057,411
    2019 April 25 - 29 Central States World Currency Signature Auction - Chicago
    2019 April 25 - 29 Central States World Currency Signature Auction - Chicago
    REALIZED $1,990,180