Discussion in 'World Coins' started by Eduard, Dec 28, 2017.
Wow really nice Republican silver coins from South-America!!
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I want some of those volcanoes too! Here is my one old Peru coin.
Thank you for posting your Latin American early coins Gallienus and coin_nut They are beautiful.
Thank you Gallienus for your write-up which I found quite informative, specially with regard to the Brazilian overstrikes.
Apparently, many Chilean coins and other colonial issues, but also republican Volcano Pesos were overstruck in Brazil. This may account partly for the extreme rarity of many of the dates, besides the 1817 FJ. The overstriking was apparently done with high striking force as details of the original coins is only faintly visible on most of the examples that I have seen.
An interesting and scarce little 1/4 real coin from the early years of the Chilean Republic. Struck only between 1832-1834.
These 'cuartillos' are tiny, smaller than a U.S 3-cent silver.
Their small size probably accounts for their scarcity today.
This example is uncirculated.
Actually my 1st Latin American coin was also a 1836 Peruvian Athena Standing, but an 8 Reales in VF bought at a coin shop. I was intrigued by the design and it was my surrogate since I was a collector of US coins and always wanted a nice Standing Liberty Quarter but never encountered one.
Well it's variable. I understand that high quality overstrikes, such as the British 1804 5 shilling Bank Tokens were all overstruck. However the British took the trouble to heat the silver coins in a furnace to anneal the silver and make it softer. Thus 1804 British crowns showing clear undercoins are rare.
In contrast the Brazilian 960 reis apparently did not take such care with the planchlets and as a result the undercoins are often highly visable. These are highly sought after by Brazilian numismatists who go nuts over these things -- which may account for you're not having seen many.
Are you familiar with the following book which details the Overstrikes?
The book is written in duel Portuguese & English. See below on Argentine Sunface Overstrikes.
Two years ago, I was in the coin store of a prominent Brazilian dealer and he showed me a 960 reis overstrike on an Argentine Sunface 8R. This sunface was of a new variety. Apparently there are no surviving non-overstruck speciemens of this sunface 8R. It is only known overstruck & by this one specimen.
Since my numismatic focus is on 8 reales of the Spanish Empire, I have also collected some of the early types of 8 reales from the newly independent republics. My last one to feature in this thread is an early and scarce 8 reales type from the República de Colombia that existed from 1819-1831. It was formed from Spanish Viceroyalty of New Granada that included the territories of present-day Colombia, Venezuela, Ecuador, Panama, northern Peru, western Guyana and northwest Brazil. Today it is often referred to as Gran Colombia to differentiate from the official name of the modern nation of Colombia.
There were several issues from 1819 to 1821 using the same design motif; native bust in feather headdress on obverse and pomegranate (the symbol of the Spanish province of Granada) on reverse. They show the value of 8 reales, however these were significantly debased from the Spanish standard, weighing 23 grams and only 66.6% silver.
My example is pretty well worn and is the type with the Republica de Colombia and Cundinamarca legends but without mintmark, although it was most likely issued from the principal mint in Cundinamarca Department, Santa Fe de Bogotá. Later issues would include the Ba mint mark.
About 8 months ago I tried to buy one of these at auction but this one guy just wouldn't let it go. I dropped out at this ridiculous price: about 2x or 3x the auctioneer's estimate.
My understanding is that these were issued up until almost the 1830's but with a frozen date of 1821. I'd guess the 1820 date was also issued for many years as it doesn't appear to be much rarer than the 1821. Also I've been told that the silver purity is variable and declines from .666 or .600 to .300.
Probably for this reason, I've never seen one understruck on a Brazilian 960 reis. My Overstrikes of the 960 Reis reference does mention Colombian 8R understruck but doesn't differentiate on what variety was overstruck I believe.
Thanks @Gallienus for the additional information especially regarding later issues bearing earlier dates.
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