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Mexico City, Mexico, 3 reales, Charles-Joanna, "Early Series," assayer Gothic R at bottom between pi

Currency:USD Category:Coins & Paper Money / Cobs - Mexico Silver Start Price:9,000.00 USD Estimated At:10,000.00 - 15,000.00 USD
Mexico City, Mexico, 3 reales, Charles-Joanna,  Early Series,  assayer Gothic R at bottom between pi
SOLD
22,000.00USDto MannyK+ (3,850.00) buyer's premium. + applicable fees & taxes.
This item SOLD at 2017 Nov 02 @ 16:16UTC-4 : AST/EDT
By bidding in this auction you understand and agree to the Terms and Conditions.
Mexico City, Mexico, 3 reales, Charles-Joanna, "Early Series," assayer Gothic R (Rincon) at bottom between pillars, three-dots denomination, very rare, encapsulated NGC VF 35. Nesmith-5c; CT-104; S-M1. 9.58 grams. Shield side with Gothic oMo-oMo, lions with crowns, legend as KAROLVS : ET : IOHANA : DG with crude I and O's; pillars side with Gothic R, rounded panel with PLVSVLT inside, 3 dots for denomination, legends per N-5b with crude D, I and M. Struck only from April of 1536 to early 1538 at the latest (and only under assayer R), the 3 reales was deemed too close in size and value to the 2 reales, but ironically most specimens are broader in denomination than the 4 reales that replaced them, this piece being case in point (just thinner and lighter), with bold full inner details and nearly full legends, traces of surface corrosion (probably salvaged). NGC #4438909-002.