Extensive Group of Spanish Colonial Rarities Being Offered at NYINC

An impressive collection of Chilean 8 Reales certified by Numismatic Guaranty Corporation® (NGC®) will be the most extensive group of Spanish Colonial rarities presented in nearly three decades when they are offered by Stack’s Bowers Galleries in January 2020.

Chilean coins are perhaps the most challenging series in Latin American numismatics, and the most recent collection to rival this one at public auction was Ponterio and Associate’s 1991 sale of the Viceroy Amat Collection, according to the auction house.

The Chilean coins will be offered at the 48^th New York International Numismatic Convention (NYINC), one of the largest and most prestigious annual shows in the United States for aficionados of world and ancient coins. The event is scheduled for January 16 to 19 in New York City.

TThis 1758SO J 8 Reales graded NGC AU 58 is one of the coins that Stack’s Bowers Galleries will offer at NYINC. Click images to enlarge.

The group of Chilean coins is anchored by the Santa Fe Collection, which alone includes an amazing 26 dates.

Included are rare coins of nine dates from the period of Ferdinand VI (1746-1759) and Charles III (1759-1788). Among the rarest of them is a 1758SO J 8 Reales graded NGC AU 58 with an estimate of $30,000 to $50,000 and a 1789/8SO DA 8 Reales graded NGC XF 45 struck posthumously in the name of Charles III that is considered the finest of the few known, the auction house said. The coin has an estimate of $10,000 to $15,000.

Only slightly less rare are 16 coins from the reigns of Charles IV (1788-1808) and Ferdinand VII (1808-1821).

The coins — several of which are considered one of only a handful known and even more of which qualify as the finest known — also include legendary pedigrees in the series, such as Norweb, Viceroy Amat, Johnson, Faistauer and Freeman Craig.

Other highlights include:

• a 1779-So DA 8 Reales graded NGC AU 58 with an estimate of $10,000 to $13,000
• a 1777-So DA 8 Reales graded NGC VF 35 with an estimate of $9,000 to $12,000
• a 1789-So DA 8 Reales graded NGC XF 45 with an estimate of $5,000 to $7,000
• a 1781-So DA 8 Reales graded NGC VF 35 with an estimate of $4,000 to $6,000.

All estimates are by the auction house and stated in USD.