Bolivia 1867 FE 1 Boliviano "REPUBLICA BOLIVIANO" (11 Estrellas) - NGC MS64 Finest Known

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Ronyradzevicius
Ronyradzevicius Posts: 7
edited June 1, 2026 5:25PM in World & Ancient Coins Forum












Bolivia 1867 FE 1 Boliviano, the famous “REPUBLICA BOLIVIANO” variety with 11 stars.

This variety is recognized by NGC and is one of the most interesting and elusive errors of 19th-century Bolivian coinage. Finding any example can be challenging, but locating one in Mint State is exceptionally difficult.

This specimen is graded NGC MS64 and currently stands as the Finest Known example.

After years of researching auction archives, population reports, and advanced collections, I have not encountered another specimen that combines this level of rarity and preservation.

I would be interested in hearing the opinions of fellow collectors and specialists in Latin American coinage.

Rony Radzevicius

Collector of rare Latin American silver coinage.
Specializing in Venezuela, Bolivia, Colombia & Guatemala.
Top Population • Finest Known • Rare Varieties
Instagram: @R4586.coins

Comments

  • MEJ7070
    MEJ7070 Posts: 952 ✭✭✭✭✭
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    We’d love to see a picture of your coin!

  • Ronyradzevicius
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    Sorry, I already posted the photos...

    Rony Radzevicius

    Collector of rare Latin American silver coinage.
    Specializing in Venezuela, Bolivia, Colombia & Guatemala.
    Top Population • Finest Known • Rare Varieties
    Instagram: @R4586.coins

  • pruebas
    pruebas Posts: 5,284 ✭✭✭✭✭
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    @Ronyradzevicius said:

    I would be interested in hearing the opinions of fellow collectors and specialists in Latin American coinage.

    My opinion. I LOVE IT! Congratulations!

  • Ronyradzevicius
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    I'm new to this site, this is my first post, I hope you like it... I'm still figuring things out, haha... but I'm getting there little by little. Greetings to all!

    Rony Radzevicius

    Collector of rare Latin American silver coinage.
    Specializing in Venezuela, Bolivia, Colombia & Guatemala.
    Top Population • Finest Known • Rare Varieties
    Instagram: @R4586.coins

  • MEJ7070
    MEJ7070 Posts: 952 ✭✭✭✭✭
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    Awesome coin! Thank you for sharing!

  • RSP
    RSP Posts: 81 ✭✭✭
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    I like your coin and welcome to the forum. Thank you for posting.

  • RSP
    RSP Posts: 81 ✭✭✭
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    This error is fascinating. How could this happen? Foreign born engraver? Any other ideas? Have you done any research you can share with us?

  • Ronyradzevicius
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    🇧🇴 Bolivia 1867 FE – “REPUBLICA BOLIVIANO” Error Variety

    One of the great rarities of 19th-century Bolivian numismatics. Instead of the correct inscription “REPUBLICA BOLIVIANA,” the die was engraved with the word “BOLIVIANO,” creating a remarkable and officially recognized mint error.

    The mistake is believed to have occurred during the hand-engraving process at the historic Potosí Mint. One theory suggests that the engraver, working with Bolivia’s newly introduced monetary unit known as the “Boliviano,” unintentionally repeated the word in the national legend. The error was likely discovered and corrected quickly, explaining its extreme rarity today.

    After years of research through auction archives, certification censuses, and public records, only a handful of publicly documented examples are known. Confirmed appearances include specimens offered by Heritage Auctions and Río de la Plata Numismática. My coin is believed to be among the finest known examples of this legendary variety, making it a true trophy piece of Bolivian and Latin American numismatics

    Rony Radzevicius

    Collector of rare Latin American silver coinage.
    Specializing in Venezuela, Bolivia, Colombia & Guatemala.
    Top Population • Finest Known • Rare Varieties
    Instagram: @R4586.coins

  • WCC
    WCC Posts: 3,322 ✭✭✭✭✭
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    I collect Bolivian decimals and saw that coin on eBay. I liked the coin but didn't buy it due to the ask price. I own a pretty nice AU-58.

    I used to own the 1875 MS-64 which I sold to my regret, still own the 1868 MS-64, and also own an 1869 which I think has a shot at the same grade. Also an 1870 MS-64 but it's more common and this coin is untoned.

    I wouldn't read too much into the availability. Several of the dates are reasonably or quite scarce, but I wouldn't expect this to be reflected in old auction catalogs. It's not a series very many are trying to collect.

    My personal ranking of this series is as follows from scarcest to most common:

    1887
    1893
    1877
    1879
    1869
    1875
    1865, 1866
    1864
    1868
    1867
    1874
    1873
    1870
    1871
    1872

  • coinkat
    coinkat Posts: 24,542 ✭✭✭✭✭
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    Attractive coin.

    Experience the World through Numismatics...it's more than you can imagine.

  • Boosibri
    Boosibri Posts: 12,714 ✭✭✭✭✭
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    Welcome to the forums! You and I have conversed on Instagram. Nice to see you here!

    Great coin!

  • Ronyradzevicius
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    Thank you for your comments and for sharing your experience with the series.

    I understand your point regarding date rarity. What attracted me to this coin, however, was not simply the 1867 date, but the combination of the 11 Stars “Boliviano” variety, the MS64 grade, its Top Pop status, and the fact that very few comparable examples seem to appear publicly.

    Whether one considers it undervalued or not, I believe it is a remarkable coin and I am very happy to have added it to my collection.

    Rony Radzevicius

    Collector of rare Latin American silver coinage.
    Specializing in Venezuela, Bolivia, Colombia & Guatemala.
    Top Population • Finest Known • Rare Varieties
    Instagram: @R4586.coins

  • WCC
    WCC Posts: 3,322 ✭✭✭✭✭
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    Completing the series, at least from 1864-1875, is my intent, but I have never prioritized it.

  • TwoKopeiki
    TwoKopeiki Posts: 9,969 ✭✭✭✭✭
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    Welcome and that's an awesome first coin to share! I wonder if the original die was corrected and re-used - perhaps there's an undiscovered A/O variety hiding out there?