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Madrid, Spain, bust 320 reales (8 escudos), Ferdinand VII, 1822SR, medal alignment, very rare.

Currency:USD Category:Coins & Paper Money / World Coins - Gold Start Price:9,500.00 USD Estimated At:10,000.00 - 15,000.00 USD
Madrid, Spain, bust 320 reales (8 escudos), Ferdinand VII, 1822SR, medal alignment, very 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.
Madrid, Spain, bust 320 reales (8 escudos), Ferdinand VII, 1822SR, medal alignment, very rare. CT-36; KM-566. 27.0 grams. Nice XF/AU with surface hairlines on obverse, original luster on reverse, desirable and important as from the final issue of 8E-sized coins from Spain (1822-23), which were followed only by the final 8E of Potosi (1822-4). The "320 reales" denomination was instituted under Joseph Napoleon and continued under the restored Ferdinand VII, but was struck in relatively small numbers due to scarcity of bullion amid the chaos of what amounted to anarchy. Note also that king's title in the legend on the coin is tempered with mention of the Constitution he was forced to grant his people. A similar specimen sold for over $20,000 at the end of June this year (Sincona, AG).



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