LOT / Treasure, World, U.S. Coin & Paper Money Auc... / BOLIVIA, Potosí, cob 8 reales, 1647 R, extr...

551

BOLIVIA, Potosí, cob 8 reales, 1647 R, extremely rare, ex-Ponte, ex-Faistauer, Janson Plate.

Currency:USD Category:Coins & Paper Money / Cobs - Potosi Silver Start Price:8,000.00 USD Estimated At:10,000.00 - 20,000.00 USD

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This item SOLD at 2024 Nov 09 @ 22:28UTC-5 : EST/CDT

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BOLIVIA, Potosí, cob 8 reales, 1647 R, extremely rare, ex-Ponte, ex-Faistauer, Janson Plate. S-P31; KM-19a; Cal-1482; Janson-13.27.3. 26.01 grams. This is one of the most exciting Potosí shield-type 8R we have ever handled, as it is a "smoking gun" for the debasement scandal that resulted in a global monetary crisis and the eventual execution of its perpetrators, most notably the assayer Felipe Ramírez de Arellano, whose initial R stands out so clearly and boldly on this coin. In fact, almost everything on this broad-flan VF coin is visible, particularly the full and bold date in the nearly full legend, in addition to the full shield and cross that are much more evenly struck than usual for this period, with nice toning to boot. Overall, the coin seems almost like a failed "Royal" striking, with no other Royals of this assayer known for comparison. Perhaps most interesting of all, confirmed by its dull color and slightly low weight, is this coin's debased silver content, XRF-tested at 76.86% silver and 22.77% copper. By our records, it is a unique combination of date and assayer, as the only other 1647 8R known are T, TR or Z, although R is also known for 1646 and 1648, the latter date also seen with Z/R, after Zambrano finally replaced Ramírez, just one year before his execution for fraud and the official recall and melting of nearly all his coins in 1649. This important coin has spent many years in the hands of important collectors and will continue to do so. Pedigreed to the Luis R. Ponte Collection and to the Faistauer Collection (Jess Peters auction of April 1976, lot 301), also to Sedwick Auction 18 (lot 635), Plate Coin on page 53 of Carlos Janson's La Moneda Circulante en el Territorio Argentino (2020). If Tax Number is requested and supplied, buyer will be exempt from paying tax on his invoice. (FLORIDA) NOTE: Read the terms and conditions or contact us regarding possible tax collection outside of Florida.

Taxes:

Tax	Rate	Desc.
FSTA	6.75%	Florida Sales Tax - Alachua
FSTB	7%	Florida Sales Tax - Baker
FSTB	6%	Florida Sales Tax - Bay
FSTB	7%	Florida Sales Tax - Bradford
FSTB	6%	Florida Sales Tax - Brevard
FSTB	6%	Florida Sales Tax - Broward
FSTC	7.5%	Florida Sales Tax - Calhoun
FSTC	7%	Florida Sales Tax - Charlotte
FSTC	6%	Florida Sales Tax - Citrus
FSTC	7%	Florida Sales Tax - Clay
FSTC	6%	Florida Sales Tax - Collier
FSTC	7%	Florida Sales Tax - Columbia
FSTD	7%	Florida Sales Tax - De Soto
FSTD	7%	Florida Sales Tax - Dixie
FSTD	7%	Florida Sales Tax - Duval
FSTE	7.5%	Florida Sales Tax - Escambia
FSTF	7%	Florida Sales Tax - Flagler
FSTF	7%	Florida Sales Tax - Franklin
FSTG	7.5%	Florida Sales Tax - Gadsden
FSTG	7%	Florida Sales Tax - Gilchrist
FSTG	7%	Florida Sales Tax - Glades
FSTG	7%	Florida Sales Tax - Gulf
FSTH	7%	Florida Sales Tax - Hamilton
FSTH	7%	Florida Sales Tax - Hardee
FSTH	7%	Florida Sales Tax - Hendry
FSTH	6.5%	Florida Sales Tax - Hernando
FSTH	7%	Florida Sales Tax - Highlands
FSTH	7%	Florida Sales Tax - Hillsborough
FSTH	7%	Florida Sales Tax - Holmes
FSTI	7%	Florida Sales Tax - Indian River
FSTJ	7.5%	Florida Sales Tax - Jackson
FSTJ	7%	Florida Sales Tax - Jefferson
FSTJ	7%	Florida Sales Tax - Lafayette
FSTL	7%	Florida Sales Tax - Lake
FSTL	6%	Florida Sales Tax - Lee
FSTL	7.5%	Florida Sales Tax - Leon
FSTL	7%	Florida Sales Tax - Levy
FSTL	7%	Florida Sales Tax - Liberty
FSTM	7.5%	Florida Sales Tax - Madison
FSTM	6.5%	Florida Sales Tax - Manatee
FSTM	6.5%	Florida Sales Tax - Marion
FSTM	6.5%	Florida Sales Tax - Martin
FSTM	7%	Florida Sales Tax - Miami-Dade
FSTM	7.5%	Florida Sales Tax - Monroe
FSTN	7%	Florida Sales Tax - Nassau
FSTO	6%	Florida Sales Tax - Okaloosa
FSTO	7%	Florida Sales Tax - Okeechobee
FSTO	6.5%	Florida Sales Tax - Orange
FSTO	7%	Florida Sales Tax - Osceola
FSTP	6.5%	Florida Sales Tax - Palm Beach
FSTP	7%	Florida Sales Tax - Pasco
FSTP	7%	Florida Sales Tax - Pinellas
FSTP	7%	Florida Sales Tax - Polk
FSTP	7%	Florida Sales Tax - Putnam
FSTS	6%	Florida Sales Tax - Saint Johns
FSTS	7%	Florida Sales Tax - Santa Rosa
FSTS	7%	Florida Sales Tax - Seminole
FSTS	7%	Florida Sales Tax - Sumter
FSTS	7%	Florida Sales Tax - Suwannee
FSTT	7%	Florida Sales Tax - Taylor
FSTU	7%	Florida Sales Tax - Union
FSTV	6.5%	Florida Sales Tax - Volusia
FSTW	7%	Florida Sales Tax - Wakulla
FSTW	7%	Florida Sales Tax - Walton
FSTW	7%	Florida Sales Tax - Washington

Buyer's Premiums:

From (Incl.)	To (Excl.)	Premium
0.00	Infinite	20%

Additional Fees:

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This lot is part of the auction: Treasure, World, U.S. Coin & Paper Money Auction 36 Back To Catalog Listing

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From (Incl.)	To (Excl.)	Increment
0.00	50.00	2.00
50.00	100.00	5.00
100.00	200.00	10.00
200.00	300.00	20.00
300.00	500.00	25.00
500.00	1,000.00	50.00
1,000.00	2,000.00	100.00
2,000.00	3,000.00	200.00
3,000.00	5,000.00	250.00
5,000.00	10,000.00	500.00
10,000.00	20,000.00	1,000.00
20,000.00	30,000.00	2,000.00
30,000.00	50,000.00	2,500.00
50,000.00	100,000.00	5,000.00
100,000.00	200,000.00	10,000.00
200,000.00	300,000.00	20,000.00
300,000.00	500,000.00	25,000.00
500,000.00	Infinite	50,000.00

LOT / Treasure, World, U.S. Coin & Paper Money Auc... / BOLIVIA, Potosí, cob 8 reales, 1647 R, extr...

BOLIVIA, Potosí, cob 8 reales, 1647 R, extremely rare, ex-Ponte, ex-Faistauer, Janson Plate.

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