(1834-37) 8 R KM-121 C/M on Mex 8R MS(PCGS#732074)

September 2021 Hong Kong Coins Auction

拍卖行

Stack's Bowers

批号

20419

等级

VF20

价格

324,910

详细说明

Seldom Encountered Corrected Countermark PHILIPPINES. Philippines - Mexico. 8 Reales, ND (1834-37). Manila Mint. Isabel II. PCGS VF-20; C/M - XF Details. KM-121; Basso-56; PNM#6-Not listed; PNM#16-252; PNM#21-Not listed; Cacho-Not listed; Gil-5-4-3-III. Type VI countermark; crowned Y.II. within circular indent. Issued by decree of 20 December 1834, suppressed 31 March 1837 (By Decree of 1 February 1836). Countermark applied to the obverse of a 1822-Mo JM Mexico 8 Reales of the Empire of Iturbide, first bust type with upright eagle. Variety with duel countermark from correction. The countermark on the obverse is bold, nearly obliterating the countermark on the reverse, on a nicely preserved well-struck host exhibiting strong devices and lovely rich patina. This EXTREMELYRAREvariety, with countermarks on both sides of the host and not over a perforation, is best explained as a corrected error in the application of the countermark. We have 16 different examples documented with corrected countermarks for all host and countermark varieties, but only two for the 1822 Iturbide with the first bust type and upright eagle. The present shares the same countermark as the other piece and is the finer of the two. This highly sought after and very popular host is very attractive and seldom appears on the market sure to excite even the most advanced of collectors. Commonly referred to as a "double countermark", this categorization is overly simplified and fails to explain the reason how this could have occurred. Per the original decree of 2 October 1832, the stamps were to be applied to the obverse of all coins submitted to the countermarking office. Occasionally, examples can be found with a single countermark on the wrong side of the host and for all intents and purposes is an error in the countermarking process. Exceptions to this are the Chile "Volcano" Pesos and Guatemala (Central American Republic) 8 Reales where distinguishing the obverse from the reverse was not straight forward and appear bearing a single countermark on either side. The survivors that were first countermarked on the reverse and subsequently flipped over and struck again on the obverse are examples of correcting said error. This is particularly important indicating that the error was caught immediately and corrected with the same countermark. The stamps used on corrected examples can be linked to single countermarked and perforated pieces and are significant to the series. Estimate: $5,000 - $10,000. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. 鮮少面市加蓋雙重糾正版別 1834-37年菲律賓-墨西哥壹圓銀幣。馬尼拉鑄幣廠。伊莎貝爾二世。 VI 型戳記，圈内可見頭戴皇冠的Y.II。經 1834 年 12 月 20 日法令發行，1837 年 2 月 1 日的法令壓制。加蓋於 1822-Mo JM 墨西哥伊圖爾比德帝國的8雷亞爾正面，這是第一枚帶有直立鷹的胸像版別。糾正鑄壓錯誤用的雙重加蓋版別。正面的加蓋深邃，幾乎抹去反面的加蓋。保存完好的主體幣，圖文出眾和動人豐富的包漿。極其罕見的版別，在主體幣的正反兩面均有加蓋，而非打孔，最合理的解說，是為糾正加蓋錯誤所以加蓋兩次。關於此類糾正加蓋的版別，我們尋得16枚不同的紀錄，整列所有的主體幣及加蓋種類，但僅兩枚的主體幣是用於 1822 墨西哥伊圖爾比德帝國的8雷亞爾直立鷹胸像版。此枚與另一枚的加蓋特徵相同，且此枚的品相更是優於另一枚，難能可貴。備受追捧且廣受歡迎的版別，別具吸引力，鮮少面市，資深藏家亦定必為之傾心。 通稱為"雙重加蓋"，但此分類過於簡化，無法解釋此版別誕生的原因。根據 1832 年 10 月 2 日的原法令，加蓋會打鑄於錢幣的正面。有時，加蓋會出現於主體幣的反面，不論意圖和目的，亦是加蓋過程中出現的錯誤。當中亦有例外，例如智利"火山"比索和危地馬拉（中美洲共和國）8 雷亞爾，它們的正反面區分難辨，所以加蓋會出現於其中一面。而先於反面加蓋，再翻轉正面加蓋一次便是糾正加蓋錯誤的版別。這一點特別重要，代表加蓋錯誤被即時發現，且重新正確加蓋。所使用的加蓋戳，與普通的單個加蓋或加厚幣加蓋亦有關聯，對此系列的意義重大。