Oaxaca / Morelos
1001. Oaxaca/SUD (Morelos), 8 reales, 1812, with Morelos monogram countermark, very rare issue in struck silver. KM-
234a (host only, unlisted with countermark); CT-569. 28.42 grams. Perhaps the best known of the insurgent coinage during the War of Independence, the
so-called “SUD� issue is rarely seen in struck silver (cast copper is the norm), rarer still with the stars-type Morelos monogram countermark (KM Type A) as we see here, both countermark and host no worse than XF (also lustrous) but unevenly struck, with crude old test-marks (to make sure the coin was not silver over copper) and/or adjustment marks all over, date weak but denomination bold. Estimate: $1,500-$2,250.
Sombrerete de Vargas
1002. Sombrerete de Vargas, Mexico, 8 reales, Ferdinand VII, 1811, rare. KM-177; CT-650. 26.67 grams. Struck silver issue with bold and well-detailed (but slightly doubled) obverse with nice toning, crude reverse with test-scratches near edge, the obverse with two test-cuts in rim too, XF overall. Estimate: $900-$1,350.
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