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Lima, Peru, cob 8 reales, 1659V, "Star of Lima" type, Royal-like, rare.

Currency:USD Category:Coins & Paper Money / Coins: Shipwreck Silver Start Price:2,000.00 USD Estimated At:2,500.00 - 3,750.00 USD
Lima, Peru, cob 8 reales, 1659V,  Star of Lima  type, Royal-like, rare.
All items are genuine unless noted. Most shipwreck coins and artifacts come with a certificate of authenticity (please check the description for each item). By bidding in this auction you understand and agree to the Terms and Conditions posted here.
Lima, Peru, cob 8 reales, 1659V, "Star of Lima" type, Royal-like, rare. S-L5; KM-18.1. 21.9 grams. Like the 1652 transition at Potosi, the 1659 "Star of Lima" mintage yielded some coins that were clearly much better than the business strikes but not quite up to the "Royal" standard seen in other periods, and the present coin is just such a specimen, with full inner details and most of the legends on a broad, roundish flan, its Royal status belied by small edge-cracks and slight doubling (also lightly corroded, but nicely toned), yet curiously it was struck from the same dies as lot #260 of our Treasure Auction #5, touted as the finest known specimen and sold for over $21,000! From the "Jupiter wreck" (San Miguel el Arcangel), sunk in 1659 off the east coast of Florida, with photo-certificate from salvager.