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BOLIVIA, Potosí, cob 8 reales, Philip II, assayer L (1st period), denomination o-VIII punched over P

Currency:USD Category:Coins & Paper Money / Cobs - Potosi Silver Start Price:4,000.00 USD Estimated At:5,000.00 - 10,000.00 USD
BOLIVIA, Potosí, cob 8 reales, Philip II, assayer L (1st period), denomination o-VIII punched over P
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This item SOLD at 2024 Nov 09 @ 22:34UTC-5 : EST/CDT
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BOLIVIA, Potosí, cob 8 reales, Philip II, assayer L (1st period), denomination o-VIII punched over P-M to right, legend DEI,G,ISPANIARVM, very rare, ex-Ponte, ex-Karon, ex-Sellschopp (Title Page Plate), Grunthal-Sellschopp Plate. S-P3; KM-5.1; Cal-670. 27.33 grams. Very broad flan with most of legends bold, particularly below the choice full shield where you can see a full DEI G versus D G, the denomination to right clearly punched over a former P-M (which Sellschopp and Paoletti did not notice, although the latter acknowledged that "L engraved his initial over the primitive M," most likely in reference to lower-denomination coins), this being only the third example we have seen (the others being Paoletti's number 52 and Sedwick Auction 21 lot 832, all three with different reverse dies). The cross is also very choice, with well-detailed full lions and castles, plus the whole coin has the loveliest toning imaginable, the best you can expect for its XF grade. A famous coin whose new home will surely be another collection of great importance. Pedigreed to the Luis R. Ponte Collection and the Paul Karon Collection (Ponterio auction of April 2000, lot 1065) as well as the Sellschopp Collection (Swiss Bank Corp. auction of September 1988), pictured on the title page of his book Las acuñaciones de las cecas de Lima, La Plata y Potosí (1971), also plate coin on page 59 of Grunthal-Sellschopp's The Coinage of Peru (1978).