424

Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer P to left, mintmark M to righ

Currency:USD Category:Coins & Paper Money / Cobs - Mexico Silver Start Price:1,600.00 USD Estimated At:2,000.00 - 3,000.00 USD
Mexico City, Mexico, 4 reales, Charles-Joanna,  Early Series,  assayer P to left, mintmark M to righ
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This item SOLD at 2020 Nov 20 @ 13:01UTC-5 : EST/CDT
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Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer P to left, mintmark M to right (oPo-oMo), panel leaning left, HISPANIE, very rare, ex-Jones (Plate Coin). Nesmith-21; Cal-77 type; S-M4; KM-17. 12.96 grams. One of the earliest types of assayer-P coinage, the P-M in the 4 reales was unknown to Nesmith. Hallmarks of its early time period are the use of K in place of H, double rondules-in-annulets as stops between words, and HISPANIE in the pillars legend. A bold AU with mostly smooth fields and very light toning, some minor oxidation on pillars side only, this example a good complement to later P coins in any collection. Pedigreed to the Dr. Peter Jones collection, plated on page 62 of his book The First Coins of the Americas (2020), and to the El Mundo de la Moneda auction of 2012, with original lot-tag #246.