Lot 849 CHILE, Santiago, essai 1 peso, 1894, very rare, NGC AU 58 (Colección Val y Mexía Label), finest and

CHILE, Santiago, essai 1 peso, 1894, very rare, NGC AU 58 (Colección Val y Mexía Label), finest and only example in NGC census. KM-Pn24. Very light rainbow toning and only light high-point wear (no marks or hairlines of note), with ESSAI in legend and engraver's name O. Roty scribed onto rock, first example we have seen, with no comparable sales in the recent past, one of only six known according to KM. Pedigreed to the Val y Mexia Collection.
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NOTE: We feature here a complete set of Chilean pesos of the design known as “Hoz y Martillo” (Sickle and Hammer) from 1895 to 1933, beginning with a very rare pattern for the year 1894. This design is distinct from the previous “Condor Pesos,” which ran from 1867 until 1891. This selection of “Hoz y Martillo” pesos in the highest possible grades presents a great opportunity for collectors to improve their collections or add missing dates.

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