Stack's Bowers Galleries is pleased to highlight another installment of the famous collector-numismatist Mr. Ray Czahor, to be featured in our auction held in conjunctionwith the 47th annual New York International Numismatic Convention (NYINC). The auction takes place at the Grand Hyatt Hotel, located on 102 East 42nd St. in New York City onJanuary 11 and 12 for the floor sessions and January 14 and 15 for the Internet only sessions.

A long time collector, Ray has sought out the best examples, assembling impressive collections of many different types and time periods, primarily relating to the Philippines.The early machine struck Philippines coinage consigned to the 2019 NYINC auction reflects his decades long search to find pieces that met or exceeded his stringent criteria.

In the early days, the manufacturing process at the provincial mint of Manila was crude and rudimentary and showed much variation. Many issues are in less than desirablecondition due either to prolonged circulation or other impairments. The overall quality of the pieces Ray acquired is a testament to his incredible patience, an attribute that isfoundational in the formation of a transcendent collection. The lots discussed in this article give an excellent representation of the many fantastic pieces Ray spent yearsacquiring.

The early copper issues are of particular interest since these were used in daily transactions. Usually found badly corroded and worn, many of the pieces presented in theauction are attractive, problem free and vastly superior to most encountered on today's market.

The qualities that Ray valued: strong even strikes, good metal quality, fullness of details and overall nice appearance are evident in the coins featured in the auction.

To read the complete article, see:
Another Installment from the Ray Czahor Collection of Philippines(https://www.stacksbowers.com/News/Pages/Blogs.aspx?ArticleID=3234)

Lot 41290: 1835 Philippines 4 Quartos

Exceptional 4 Quartos of Isabella II

PHILIPPINES. 4 Quartos, 1835-MA F. PCGS VF-35 BN Gold Shield.

KM-15; Basso-46; Cal-Type 179 #713. Globes closely spaced. EXTREMELY RARE type in this state of preservation. Unusually well prepared planchet with minimal defects and aunusually bold strike leaving clear details. Bold complete legends and devices. Vastly superior to the other examples we were able to locate with far less in the way of planchetdefects or striking deficiencies. Lovely smooth fields with rich patina. An example where the grade on the holder certainly does not reflect the overall quality. If not the finestexample extent certainly one of the finest. A chance not to be missed as the opportunity to acquire such a tremendous highly sought after piece may not occur again for manyyears.

To read the complete lot description, see:
PHILIPPINES. 4 Quartos, 1835-MA F. PCGS VF-35 BN Gold Shield.(https://auctions.stacksbowers.com/lots/view/3-FM7VK)

Lot 41292: 1857 Philippines Pattern Peso

Proposed Gold Pattern Struck in Silver

PHILIPPINES. Pattern Peso Struck in Silver, 1857. Madrid Mint. PCGS SP-64 Gold Shield.

KM-Pn2(listed as a Real), Basso-75(72), Cal-unlisted. Plain edge. A pattern struck in silver for a projected gold peso which eventually became KM-142. Superior to the previoustwo records we were able to locate. The most recent being of an NGC MS-63 sold in the Auction World Co., Ltd Auction #13 July 14, 2018 Lot #1376 where it hammered for animpressive 1,200,000 Yen (approximately $10,676). The other example was graded NGC VF-30 in the Heritage CICF auction April 10, 2014 Lot #25628 where it hammered for $2,000-. Theconsignor notes that this was the only example he could recall seeing in 50+ years of collecting. An exceptional example with sharp devices and intricate details. Though thispattern is certainly not unique it is without a doubt EXTREMELY RARE and highly sought after and destined to be a highlight of any collection of Philippines. Deeply toned withhints of iridescence.

To read the complete lot description, see:
PHILIPPINES. Pattern Peso Struck in Silver, 1857. Madrid Mint. PCGS SP-64 Gold Shield.(https://auctions.stacksbowers.com/lots/view/3-FM7VV)

Lot 41295: 1859 Philippines Paris Mint 80 Reales Pattern

PHILIPPINES. Broadstruck Pattern 80 Reaux (Reales) Struck in Copper, 1859. Paris Mint. PCGS SP-66 RB Gold Shield.

KM-Pn16; Bruce-Pn5; Basso-81. Small date, large star. Intended patterns for gold coins. EXTREMELY RARE and probably UNIQUE. Struck without collar creating a dramatic errorwhere the planchet is slightly out of round and bowed. Partial raised edges on either side. Boldly struck with clashed dies, sharp devices with reflective surfaces and splashes ofattractive lavender, blue, purple and plenty of original mint red.

To read the complete lot description, see:
PHILIPPINES. Broadstruck Pattern 80 Reaux (Reales) Struck in Copper, 1859. Paris Mint. PCGS SP-66 RB Gold Shield.(https://auctions.stacksbowers.com/lots/view/3-FM7AV)

Lot 41302: 1894 Philippines Pattern Centavo

Exceptional 1894 Pattern Centavo

PHILIPPINES. Pattern Centavo Struck in Copper, 1894. Madrid Mint. PCGS SP-64 BN Gold Shield.

KM-Pn18; Basso-93; Cal-pg. 844. Bust of young King Alfonso XIII facing left; Reverse: Coat of Arms with half-wreath. Far less encountered than its larger denominationcounterpart the 2 Centavos. Superior to the example sold in the Cayon auction December 11, 2012 lot #1140 where it hammered for 15,500 Euro (approximately $20,000) plus buyersfee. EXTREMELY RARE and highly sought after. Sharply struck displaying lovely mahogany surfaces with hints of cinnamon at the periphery. A choice pattern never intended forcirculation, and seemingly spared from.

To read the complete lot description, see:
PHILIPPINES. Pattern Centavo Struck in Copper, 1894. Madrid Mint. PCGS SP-64 BN Gold Shield(https://auctions.stacksbowers.com/lots/view/3-FM7DB)

Lot 43816: 1834 Philippines Quarto

PHILIPPINES. Quarto, 1834-MA F. Ferdinand VII (1808-33). PCGS AU-50 Gold Shield.

KM-10; Basso-41b; Cal-Type 438 #1597. Large lion with tail curving over back. VERY RARE in this state of preservation. Our first offering of this one year type struck forFerdinand VII. An astounding example, well struck with smooth brown fields. Likely undergraded, as we consider the flat areas on the lions and castles to be striking weaknessrather than wear. A splendid example and probably one of the finest extent being light years ahead of what is normally encountered.

To read the complete lot description, see:
PHILIPPINES. Quarto, 1834-MA F. Ferdinand VII (1808-33). PCGS AU-50 Gold Shield.(https://auctions.stacksbowers.com/lots/view/3-FMPWA)

Lot 43821: 1859 Philippines 2 centavos Pattern

PHILIPPINES. 2 Centavos Pattern, 1859. PCGS SP-65 RB Gold Shield.

Basso-74; KM-Pn12. A real beauty. Sharply struck with copious amounts of blazing mint luster.

To read the complete lot description, see:
PHILIPPINES. 2 Centavos Pattern, 1859. PCGS SP-65 RB Gold Shield.(https://auctions.stacksbowers.com/lots/view/3-FMNNK)

Lot 43822: 1861 Philippines 2 Reales Proclamation Medal

PHILIPPINES. Silver Proclamation 2 Reales Medal for the Inauguration of the Manila Mint, 1861. PCGS AU-55 Gold Shield.

5.22 gms. Basso-96; Honeycutt-16. RARE. Struck to commemorate the opening of the Manila mint March 19, 1861. The Royal decree of September 8, 1857 was specific to theauthorization of gold coinage. Obverse: Bust of Isabella II left; Reverse: Arms of Manila in wreath, legend around, date below. Well struck with lovely smooth grey tonehighlighted with sunset hues in the peripheries. Plenty of underlying luster in the protected areas. A wholesome attractive example that rarely appears on the market destined foran advanced collection.

To read the complete lot description, see:
PHILIPPINES. Silver Proclamation 2 Reales Medal for the Inauguration of the Manila Mint, 1861. PCGS AU-55 GoldShield. (https://auctions.stacksbowers.com/lots/view/3-FMPV0)