1686

Portugal, 870 reis (1834), crowned-arms countermark on a Santiago, Chile, bust 8R, Charles IV, 1795D

Currency:USD Category:Coins & Paper Money / World Coins - World Start Price:1,500.00 USD Estimated At:1,500.00 - 2,250.00 USD
Portugal, 870 reis (1834), crowned-arms countermark on a Santiago, Chile, bust 8R, Charles IV, 1795D
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Portugal, 870 reis (1834), crowned-arms countermark on a Santiago, Chile, bust 8R, Charles IV, 1795DA (unique combination), ex-Faistauer. 26.5 grams. One of only two known Santiago 8R with this countermark (the other dated 1812, Ferdinand VII, and therefore of a different type), lustrous and richly toned Fine+, struck slightly off-center, with VF countermark. When Thomas Faistauer sold his 8R collection with Jess Peters in 1976, this date (in fact the rarest of the Charles IV type) was the only hole in the date-run, due to the fact that he kept this specimen for the Portuguese countermark. For recent comparison, a 1795 in Fine without countermark sold in 2008 (Heritage) for $1,725. Pedigreed to the Faistauer collection.