LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Cartagena, Colombia, cob 8 reales, (16)55, assay...

658

Cartagena, Colombia, cob 8 reales, (16)55, assayer S below mintmark C to right, extremely rare, ex-J

Currency:USD Category:Coins & Paper Money / Cobs - Other Silver Start Price:2,800.00 USD Estimated At:3,500.00 - 5,000.00 USD

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This item SOLD at 2020 Nov 17 @ 23:19UTC-5 : EST/CDT

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Cartagena, Colombia, cob 8 reales, (16)55, assayer S below mintmark C to right, extremely rare, ex-Jones (Plate Coin). S-C4; Restrepo-M48.2; Cal-1239. 25.42 grams. This desirable one-year issue (the unauthorized final coinage of the Cartagena mint until Independence) is basically only known from shipwreck salvage and rarely shows any part of the date due to its peripheral location, the present specimen displaying the clearest date on record, with both 5's full, in addition to the nearly equally rare presence of a full and clear mintmark-assayer C-S to the right of the shield, also with bold full denomination to left inside king's ordinal IIII in legend. We do not know which wreck yielded this coin, but it left only a veneer of corrosion on the surface (VF details otherwise), an apparent (and rather crude) hole at bottom edge not from corrosion but from a natural bubble in the metal, toned around details. The story behind this coinage is fascinating: In 1655, after much deliberation over what to do about lack of legal coinage after the Potosi mint scandal, and facing the need to supply money for provisioning the Armada of the Marquis of Montealegre on their way to battle with English (in which, by the way, the English took Jamaica), Governor Don Pedro Zapata made the "executive decision" to re-open the mint without royal authorization. Much like what happened when Lima re-opened its mint in 1659 with only the Viceroy's consent, once the King discovered what had happened he ordered an investigation and trial; but unlike the "Star of Lima" coins of 1659-60, the Cartagena issue took place for only a couple months, making these coins among the rarest type of silver cobs from the Americas. Pedigreed to the Dr. Peter Jones collection, plated on page 195 of his book The First Coins of the Americas (2020), and to the Cayon auction of February 2012, with original lot-tag #275. 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%

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This lot is part of the auction: Treasure, World, U.S. Coin & Paper Money Auction 28 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	Infinite	10,000.00

LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Cartagena, Colombia, cob 8 reales, (16)55, assay...

Cartagena, Colombia, cob 8 reales, (16)55, assayer S below mintmark C to right, extremely rare, ex-J

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