645

Mexico City, Mexico, cob 8 reales Royal, Philip III, assayer F, unique (unlisted) variety with GRA-x

Currency:USD Category:Coins & Paper Money / Cobs - Mexico Silver Start Price:10,000.00 USD Estimated At:10,000.00 - 20,000.00 USD
Mexico City, Mexico, cob 8 reales Royal, Philip III, assayer F, unique (unlisted) variety with GRA-x
SOLD
Sign In To View Winning Bid
This item SOLD at 2016 Jun 23 @ 16:23UTC-4 : AST/EDT
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.
Mexico City, Mexico, cob 8 reales Royal, Philip III, assayer F, unique (unlisted) variety with GRA-x-TIA in legend. 26.30 grams. Like all Mexican Royals, this coin is imposingly broad and round and even in thickness, an unmistakable departure from the regular issues, and as a pre-dated Philip III this specimen is among the first Royals made. All the details are full and clear in a solid VF grade with lovely old toning all over that is darker on the fields for good contrast (with possible traces of gilding-removal here and there), typically holed (at bottom, with an attempted hole above it), with unusually aligned axes. A quick glance at Lazaro will show that this type (numbers 31-33) is worth $35,000-$50,000; as an unlisted variety, with one of the legend-ornaments (basically a boxy x) splitting the first and second halves of the word GRATIA, this piece should be even more important to the specialist.