Stack's Bowers Galleries

August 2024 Global Showcase Auction  –  12 - 23 August 2024

Stack's Bowers Galleries, August 2024 Global Showcase Auction

Ancient and World Coins and Currency

Part A: Mo, 12.08.2024, from 6:00 PM CEST
Part B: Mo, 12.08.2024, from 6:00 PM CEST
Part C: Mo, 12.08.2024, from 10:00 PM CEST
Part 1: Tu, 13.08.2024, from 1:00 AM CEST
Part 2: Tu, 13.08.2024, from 6:00 PM CEST
Part 3: Tu, 13.08.2024, from 10:00 PM CEST
Part D: We, 14.08.2024, from 6:00 PM CEST
Part 4: We, 14.08.2024, from 9:00 PM CEST
Part 5: Th, 15.08.2024, from 5:00 PM CEST
Part E: Fr, 16.08.2024, from 5:00 PM CEST
Part 6: Fr, 16.08.2024, from 9:00 PM CEST
Part 7: Sa, 17.08.2024, from 5:00 PM CEST
Part F: Sa, 17.08.2024, from 6:00 PM CEST
Part 8: Mo, 19.08.2024, from 7:00 PM CEST
Part G: Tu, 20.08.2024, from 6:00 PM CEST
Part 9: Tu, 20.08.2024, from 7:00 PM CEST
Part H: Tu, 20.08.2024, from 8:00 PM CEST
Part 10: We, 21.08.2024, from 6:00 PM CEST
Part I: We, 21.08.2024, from 6:00 PM CEST
Part 11: Th, 22.08.2024, from 6:00 PM CEST
Part J: Th, 22.08.2024, from 6:00 PM CEST
Part K: Fr, 23.08.2024, from 6:00 PM CEST
Part 12: Fr, 23.08.2024, from 6:00 PM CEST
The auction is closed.

Description

Hosted on Rare Silver Morelos 8 Reales Variety
MEXICO. War of Independence. Morelos. 8 Reales, ND (1812-13). PCGS VF-35; Countermark: VF Details.
cf. KM-265.4 (In copper). Morelos Type A countermark struck on 1812 Oaxaca "SUD" struck silver 8 Reales (KM-233.5A). Any Morelos stamp hosted on a silver Morelos issue is tremendously scarce, but this example is catapulted to EXTREME RARITY due its use of the highly elusive variety with eight dots below the bow as a host. Adjustment marks and a weak strike eroded most of the host date, but as this was a one-year type, it is certainly from 1812. The coin is graciously free from post-mint damage, allowing it to retain its originality and ensuring its future placement in an advanced collection of the series. The crude nature of Morelos' Oaxacan coinage allowed counterfeiters to easily pass off their forgeries as genuine. In response, Morelos used his monogram not only on royalist provisional types, but also to revalidate coins struck under his own authority which were found to be valid official issues. This accounts for the curious appearance of the Morelos monogram being struck over the existing Morelos monogram of the host coin, as on this example. The large majority of such coins, however, are copper. The present piece is far more scarce for having been struck in silver.
From the S.P. Rutherford Collection.

Estimate: $3000.00- $5000.00

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Bidding

Price realized 5'000 USD
Starting price 1'800 USD
The auction is closed.
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