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Lima, Peru, cob 8 reales presentation strike, 1659V, "Star of Lima," rare, finest known.

Currency:USD Category:Coins & Paper Money / World Coins - World Start Price:6,400.00 USD Estimated At:8,000.00 - 12,000.00 USD
Lima, Peru, cob 8 reales presentation strike, 1659V,  Star of Lima,  rare, finest known.
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This item SOLD at 2009 Apr 09 @ 14:23UTC-4 : AST/EDT
All items are genuine unless noted. Most shipwreck coins and artifacts come with a certificate of authenticity (please check the description for each item).
Lima, Peru, cob 8 reales presentation strike, 1659V, "Star of Lima," rare, finest known. S-L5. 26.9 grams. By all accounts this is the finest known specimen of this rare, unauthorized issue, in fact believed to be THE coin that was intended for presentation to the king to show off the new minting and ask for approval (which never came). The immense crown above the pillars is beautifully detailed, and the •V•, *-LIMA-1659, •8• are equally impressively well struck above the 100% full waves, with most of the king's name PHILIPPVS visible in the legend, also with perfect lions and castles inside the cross on other side, whose bold legend shows reversed N's. Save for a touch of corrosion, this coin is undeniably Mint State, beautifully toned and worthy of the best collections. Recovered from: San Miguel el Arcangel ("Jupiter wreck"), sunk in 1659 off the east coast of Florida.