Venezuela: Republic silver Proof Essai (IASSE) 20 Centavos 1874 PR58 NGC,...

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Sold on Aug 8, 2014 for:

$44,062.50 Bid Source: Live: Floor bidder

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Republic silver Proof Essai (IASSE) 20 Centavos 1874 PR58 NGC, Paris mint, KM-E14, this actually isn't quite KM-E14, as on this piece the word, "ESSAI," is engraved backwards on the coin. It is not retrograde, as the letters are not spelled backwards, the word is just spelled backwards, as IASSE. Obv. Head of Simon Bolivar left with IASSE in tiny letters near the edge between 7 and 8 o'clock. Rev. National arms with date below. Well struck, with reddish-brown toning and a bit of rubbing on the high points. We checked with one of the most knowledgeable experts in South American coins on this error spelling of ESSAI, and his comment was, " I have heard of this error, and seen it listed in the catalog, but I have never seen an actual coin with this error, and I always thought it was a mistake in the catalog." We can now show that it truly does exist, although it is exceedingly rare.

Metal: Silver

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