748

Contemporary counterfeit of a Panama cob 2 reales, Philip II, AP to left, II to right, ex-Richard St

Currency:USD Category:Coins & Paper Money / Cobs - Other Silver Start Price:350.00 USD Estimated At:500.00 - 1,000.00 USD
Contemporary counterfeit of a Panama cob 2 reales, Philip II, AP to left, II to right, ex-Richard St
SOLD
1,100.00USDto piolina+ (192.50) buyer's premium. + applicable fees & taxes.
This item SOLD at 2017 Nov 02 @ 18:23UTC-4 : AST/EDT
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Contemporary counterfeit of a Panama cob 2 reales, Philip II, AP to left, II to right, ex-Richard Stuart, Proctor Plate Coin. 4.56 grams Fascinating specimen believed to be from the same time and place as the genuine issues but struck or cast in copper with silver plating using a fantasy design with bold AP mintmark and dot-topped I's for denomination, aspects that the counterfeiter could only adopt if he had seen original Panama cobs (highly unlikely in modern times, as AP cobs were not "discovered" until the 1970s). In any case this piece is dark in color, with bold full shield side but cross side weak and worn (net About Fine, significant as showing circulation wear). Pedigreed to the Richard Stuart collection and Plate Coin on page 159 of The Forgotten Mint of Colonial Panama (2005), by Jorge Proctor.