1161

PANAMA, cob ½ real, Philip II, assayer P-M, quadrants of cross transposed, extremely rare, NGC mint

Currency:USD Category:Coins & Paper Money / World Coins By Country Start Price:5,000.00 USD Estimated At:10,000.00 - 20,000.00 USD
PANAMA, cob ½ real, Philip II, assayer P-M, quadrants of cross transposed, extremely rare, NGC mint
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PANAMA, cob ½ real, Philip II, assayer P-M, quadrants of cross transposed, extremely rare, NGC mint error AU 50 / flipover double struck. Proctor-unl (pmB/B); S-AP2; Cal-133; KM-1. 1.52 grams. Broad flan with bold and sharp full cross-lions-castles, above which is a full monogram with very clear AP to left and P to right due to an exceptionally strong and dramatic flipover double-strike (also rotated 45 degrees), the other side with most of monogram showing bold P to left and M below in addition to bold (PHIL)IPVS followed by upside-down D in legend next to a fainter impression of the cross side, the surfaces all smooth and attractively toned, lacking the typical corrosion typically seen on Panama cobs, hence even rarer as straight-graded by NGC (one of only three in the census, bettered only by an AU 53). Flipover double-strike errors are quite rare (unique in this case), but especially with so much of both sides visible, here in fact showing all the mintmark and assayer elements that are visible only piecemeal on the very few other examples known. For the specialist we note this is an unrecorded combination with a reverse die that was previously only known for subsequent assayer oX. Overall probably the most spectacular certified mint error of its type, with strong eye appeal and numismatic importance to boot.
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