Magnificent Coins Struck Outside of Europe Top List of NGC-certified Rarities in Heritage Sale

Posted on 12/21/2021

The NYINC auction includes rare coins struck in India and Mexico expected to realize six figures.

Two rare coins struck outside of Europe for colonial powers are each expected to sell for over $100,000 in a January auction. They are among nearly 200 world coins certified by Numismatic Guaranty Company™ (NGC®) in Heritage Auctions' NYINC World Coins Platinum Night sale, scheduled for January 10, 2022.

They are led by a Venezuela 1786MO FM 8 Reales Struck in Mexico City graded NGC AU 58★ (lot 30396). With an estimate of $150,000 to $200,000, this coin's exceptional eye appeal earned it NGC's Star designation. Additionally, it is believed to be unique due to its weight of only 16.18 grams.

Venezuela 1786MO FM 8 Reales Struck in Mexico City graded NGC AU 58★
Click images to enlarge.

Underweight coins were struck for Venezuela under a Spanish royal ordinance in late 1786, but the king ordered them melted down eight months later amid worries that they would undermine commerce elsewhere. Only denominations of 1/2, 1 and 2 Reales were permitted under the initial order, so the discovery of this underweight 8 Reales is particularly exciting.

Another great rarity in the sale is an India 1835.(C) 2 Mohurs Restrike graded NGC PF 65 Ultra Cameo (lot 30305). Struck in Calcutta during British rule in India, this coin has an estimate of $100,000 to $150,000.

India 1835.(C) 2 Mohurs Restrike graded NGC PF 65 Ultra Cameo
Click images to enlarge.

Other NGC-certified highlights in the sale include:

  • a Great Britain 1826 5 Sovereign graded NGC PF 63 Ultra Cameo (lot 30254) with an estimate of $100,000 to $120,000
  • a Hungary 1694KV Transylvania 3 Ducat graded NGC MS 63 (lot 30390) with an estimate of $75,000 to $85,000
  • a Great Britain 1741/38 5 Guineas graded NGC MS 63 (lot 30244) with an estimate of $70,000 to $90,000
  • a 65-piece set of Russian 100 Roubles graded NGC PF 65 Ultra Cameo to NGC PF 70 Ultra Cameo (lot 30366) with an estimate of $60,000 to $80,000
  • a Mexico 1609MO A 8 Reales - Royal Coinage graded NGC AU 55 and pedigreed to the Huntington Collection (lot 30321) with an estimate of $60,000 to $80,000
  • a Great Britain 1726 2 Guineas graded NGC MS 65 (lot 30235) with an estimate of $60,000 to $80,000
  • a Chile 1837SO IJ 8 Reales graded NGC MS 61 (lot 30145) with an estimate of $60,000 to $70,000
  • a Czechoslovakia 1934 Kremnica Mines Gold 10 Dukaten graded NGC MS 67 (lot 30162) with an estimate of $60,000 to $80,000
  • a Spain (1476-1516)A Segovia 4 Escudos graded NGC AU 58 (lot 30375) with an estimate of $40,000 to $60,000
  • a Great Britain 1887 5 Sovereign graded NGC MS 66+ (lot 30268) with an estimate of $40,000 to $50,000

All estimates are provided by the auction house in US Dollars.


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