||South Peru. State gold 8 Escudos 1837 CUZCO-BA, KM167, Fr-92, MS62 NGC. An iconic state-issue and a single-year type, this example shows FEDERACION along the reverse legend before it was changed later in 1837 to CONFEDERACION. As is common iconography on Latin American coinage, the sun face is displayed on the obverse with flags splayed to the left and right. The reverse, one of the most impressively engraved designs of the era, depicts the intricate compilation of a building, a volcano and a cornucopia in the foreground with a sailing ship behind it. Unlike many of the surviving examples, the present was rendered on a sound flan without even the hint of the laminations that so often plague the issue. The strike, another common malady, is near full with crisp peripheral lettering on both sides, an impressively sharp wreath on the reverse and only trivial loss on the highest volcano peak. Mild field reflectivity, a definite plus for the eye appeal, rounds out the appeal. Ex: ?Colonel? E.H.R. Green; Green Estate? Partnership of Eric P Newman / B.G. Johnson.
Realized $15,275.00. Description courtesy of Heritage Auctions.