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Mexico City, Mexico, cob 4 reales Royal (galano), 1682L, unique, NGC VF details / plugged, finest an

Currency:USD Category:Coins & Paper Money / Cobs - Mexico Silver Start Price:12,000.00 USD Estimated At:15,000.00 - 30,000.00 USD
Mexico City, Mexico, cob 4 reales Royal (galano), 1682L, unique, NGC VF details / plugged, finest an
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This item SOLD at 2021 May 07 @ 14:32UTC-4 : AST/EDT
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Mexico City, Mexico, cob 4 reales Royal (galano), 1682L, unique, NGC VF details / plugged, finest and only example in NGC census. S-M21; KM-unl; Cal-487. 13.08 grams. High-quality examples of Mexican cobs of Charles II are nearly non-existent, as the general production was on very crude flans (mostly odd-shaped), often with very little detail showing, let alone any part of a date. The very few known Royals, however, are the exception, as (like all Mexican Royals) they bear full and even details on perfectly round and broad flans. Trouble is, where do you find one? In over 30 years of record-keeping we have only ever seen or heard of seven coins of the type (dated 1670, 1676, 1679/8, 1682, 1689, 1691/0 and 1695, all unique, only two of which appear in the NGC census), truly one of the rarest of all Mexican types. This 1682 example is quite attractive, with very bold details set off by contrasting toning on the fields, no doubling or minting flaws, just honest wear, the only apparent damage being a typical hole at top (nearly aligned axis) that was expertly repaired (but not to the point of deception). Whether this coin goes to a trophy collector, type collector or date collector, no one with the wherewithal to buy it has an excuse not to bid on it. NGC #2789252-016. Pedigreed to the Isaac Rudman Numismatic Cabinet.