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Mexico City, Mexico, 3 reales, Charles-Joanna, "Early Series," assayer R (Rincon) at bottom between

Currency:USD Category:Coins & Paper Money / Cobs - Mexico Silver Start Price:28,000.00 USD Estimated At:35,000.00 - 70,000.00 USD
Mexico City, Mexico, 3 reales, Charles-Joanna,  Early Series,  assayer R (Rincon) at bottom between
SOLD
70,000.00USDto 01auksp+ (13,300.00) buyer's premium. + applicable fees & taxes.
This item SOLD at 2018 Nov 02 @ 20:16UTC-4 : AST/EDT
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Mexico City, Mexico, 3 reales, Charles-Joanna, "Early Series," assayer R (Rincon) at bottom between pillars, with waves, three-dots denomination, all-Gothic lettering except O, NGC VF 30, finest and only example in NGC and PCGS censuses, ex-Rudman. Nesmith-5b/5; CT-unl; S-M1. 9.74 grams. A classic and highly important issue, this is the first of the experimental 3-reales denomination (see article below), and it is arguably the finest in style, making for a very attractive and artistic design. It is also among the earliest coinage of this mint and the entire New World. The presence of water lines (“waves”) below the pillars is a feature that does not return until the “Late Series” a few years later. Exceptionally broad flan with full details, lovely toning and choice strike, one of only two problem-free examples known of this extremely rare and mysterious "with-waves" variety (the other impounded in the Banco de Mexico collection), worthy of inclusion in the finest of collections.

Article:
Varieties of Rincón Three Reales of Mexico Charles-Joanna