LOT / Treasure, World, U.S. Coin & Paper Money Auc... / MEXICO, Mexico City, 3 reales, Charles-Joanna, &...

495

MEXICO, Mexico City, 3 reales, Charles-Joanna, "Early Series," assayer Rincón, three bars denominati

Currency:USD Category:Coins & Paper Money / Cobs - Mexico Silver Start Price:24,000.00 USD Estimated At:30,000.00 - 45,000.00 USD

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MEXICO, Mexico City, 3 reales, Charles-Joanna, "Early Series," assayer Rincón, three bars denomination, extremely rare, NGC XF 40, ex-Angert. Nesmith-5d type/5d; Cal-114; S-M1; KM-14. 10.09 grams. This gem checks off all the boxes for the discerning collector: rarity, quality and pedigree. It is one of only a few examples of non-salvaged, problem-free 3 reales, and one of only four to be straight-graded by NGC. Its rarity cannot be understated, especially in comparison to the type with three dots for the denomination. This coin's pedigree is similarly impressive, once residing in Francisco J. Angert’s collection, which Robert Nesmith studied and mentioned specifically in his landmark reference on coinage of this period, The Coinage of the First Mint of the Americas at Mexico City: 1536-1572, published in 1955. In fact, it appears on page 68 as another example of Nesmith’s 5d (the other being in the National History Museum in Mexico). In August 1972 this coin sold in an Almanzar auction to a prominent south Texas collector, Pat Pace, and from there became part of the Paul Karon collection that was auctioned by Superior in December 1992 (lot 141). Several other examples reside in museums or permanent collections but are missing in many prominent collections, another testament to its rarity.

Note that below the pillars is a Gothic R for the initial of the first assayer of the Mexico City mint, Francisco del Rincón, whose tenure lasted just two years, from 1536 to 1538. The 3 reales coins were some of the earliest emissions from the mint, and this three-bar type was apparently minted after the three-dot type, according to Robert Nesmith. A Gothic R is also used in the pillars legend, while there is a prominent Latin M at the end of INDIARVM on the pillars side (which interestingly does not contain ? as seen in IOhA?A in the shield-side legend). Gothic m’s for the mintmark flanking either side of the shield are used throughout Rincón’s tenure. The letters A, O, L, V, and D are Latin instead of Gothic, with the last-mentioned created from a Latin O and a Gothic I punch. All in all, these coins are a mixture of original Gothic punches and Latin (sometimes crude) substitutes once the Gothic punches wore out. Given the number of different dies from this time period, it’s probable that dies wore out quickly.

Matching its pedigree, this coin has rich old toning, full details including legends, just a bit weakly struck just above the centers. Its return to the market now is a rare opportunity. Pedigreed to the F.J. Angert Collection (Guatemala) and to the Paul Karon Collection (Superior auction of December 1992, lot 141), also Plate Coin on page 34 of Paoletti's 8 Reales Cobs of Potosí (3rd edition, 2016), earlier sold in the Almanzar auction of August 1972 (lot 2220).
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The Rincón Three Reales of Mexico Charles-Joanna by Cori Sedwick Downing (Updated May 2025) 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 37 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	200,000.00	10,000.00
200,000.00	300,000.00	20,000.00
300,000.00	500,000.00	25,000.00
500,000.00	Infinite	50,000.00

LOT / Treasure, World, U.S. Coin & Paper Money Auc... / MEXICO, Mexico City, 3 reales, Charles-Joanna, &...

MEXICO, Mexico City, 3 reales, Charles-Joanna, "Early Series," assayer Rincón, three bars denominati

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