Venezuela: Republic 5 Reales 1858-A MS64 NGC,...

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Sold on Apr 26, 2019 for:

$31,200.00 Bid Source: Internet bidder

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Description

Denominational and Conditional Rarity

Republic 5 Reales 1858-A MS64 NGC, Paris mint, KM-Y11. A simply stunning example of this very rare and highly popular type. Currently holding the title of single finest graded example seen by either NGC or PCGS, the sky is very definitely the limit for this piece. The last Mint State example to cross the auction block was in 2014 as part of the Lissner Collection, where an MS62 example hammered at $18,000. Earlier that same year, we offered an AU58 of the type, which realized an all-in price of $16,450. The only other record of one selling that we can find was in 2008, when we sold an MS63 example for $20,125. As is well-known, since then the market for this type of coin, especially in high grades, has gone up tremendously, so there is no doubt that there will be fierce competition over this lot. Steel blue toning that is particularly prevalent on the obverse, the eye appeal of this coin is certainly commensurate with the grade.

Metal: Silver
Diameter: 30mm
Weight: 11.5g
ASW: 0.3327oz
Mintage: 26,120

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