985

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

Currency:USD Category:Coins & Paper Money / Shipwreck - Silver Coins 1750s-1900s Start Price:1,600.00 USD Estimated At:2,000.00 - 3,000.00 USD
Lima, Peru, cob 8 reales, 1659V,  Star of Lima  type, rare.
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This item SOLD at 2011 Apr 27 @ 16:58UTC-4 : AST/EDT
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Lima, Peru, cob 8 reales, 1659V, "Star of Lima" type, rare. S-L5; KM-18.1. 25.9 grams. A desirable issue that was never authorized by the crown, this one a particularly rare variety with mint name spelled out as LIMA, centers of both sides 100% full but slightly doubled (full assayer V and date 1659, plus full cross-lions-castles), very solid and uncorroded, darkly toned as is typical for this wreck, which is known for late-1600s cobs of Potosi (in addition to some very rare Colombian cobs), for its coin cargo was stored in the Bank of England for nearly 100 years prior to the loss. Since Lima did not strike any coins from 1661 to 1683, coins from that mint are relatively rare from this wreck. Pedigreed to the Baldwin auction of October 11, 1995, with original certificate and auction catalog (plate coin). From: Piedmont ("Lyme Bay wreck"), sunk in 1795 off Cornwall, England