LOT / Treasure, World, U.S. Coin & Paper Money Auc... / PERU, Lima, 8 reales, Philip II, assayer Rinc...

768

PERU, Lima, 8 reales, Philip II, assayer Rincón to left, king's name as PHILPVS, legends HISPA /

Currency:USD Category:Coins & Paper Money / Cobs - Lima Silver Start Price:35,000.00 USD Estimated At:50,000.00 - 100,000.00 USD

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This item SOLD at 2024 May 09 @ 16:49UTC-4 : AST/EDT

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PERU, Lima, 8 reales, Philip II, assayer R Rincon to left, king's name as PHILPVS, legends HISPA / NIARVM, motto PL-VSVL-TR, very rare, NGC AU details / environmental damage, ex-Ponte. S-L1; KM-13; Cal-651. 25.57 grams. Superb full inner details with nearly full crown and legends on a full and round flan, no doubling, the interiors bold but weaker in peripheries (king’s name clear), darkly toned with only a hint of surface porosity, among the finest known of this important unauthorized issue that represents the first “dollar” coin struck in South America. Pedigreed to the Luis R. Ponte Collection (stated on label).
Please use this link to verify the certification number

The three primary cob-producing mints in the Americas—Mexico, Lima and Potosí—all started with an assayer named Rincón, and at each mint the Rincóns produced 8 reales in very small quantities, making them all very rare and desirable in our time. The Potosí Rincón 8R, made in 1575, is the commonest of the three, with just a few dozen known, struck shortly before Alonso Rincón’s death; at the other end of the scale is the Mexican Rincón 8R (struck under Francisco Rincón, Alonso’s brother), of which only three are known from what had to be an experimental run in 1538, due to the reported difficulty in making such large silver coins. In between in rarity and chronology is the Lima Rincón 8R (struck under Alonso Rincón), like the present specimen, with a known population of sixteen and highly coveted as the first “dollar” made in South America, struck in 1569 without proper authorization and quickly discontinued.
To categorize the varieties of these Lima 8 reales, there are two distinguishing characteristics on the obverse and two on the reverse:
On the obverse (shield side), the king’s name is spelled either PHILIPVS or PHILPVS, with two types of flowers in the
crown above the shield, either three of the same kind or the middle flower larger than the other two.
On the reverse (pillars side), the beginning of the legend continuation is either -NIARVM or -RVM, and the motto is
one of three versions of PLVS VLTRA: PL-VSVL-TR, PL-VSV-LT, or PLV-SVLT-RA.
Based on these characteristics we have identified three obverse dies and four reverse dies, categorized as follows:
Three obverse dies:
1. Legend lettering of PHILIPVS . II . D . HISPA and three equal flowers in crown (six known)
2. Legend lettering of PHILPVS . II . D . HISPA and three equal flowers in crown (one known)
3. Legend lettering of PHILPVS . II . D . HISPA and middle flower larger and different from other two (eight
known)
Four reverse dies:
A. Legend lettering of NIARVM . ETINDIARVM . REX and banner as PL-VSVL-TR (seven known)
B. Legend lettering of NIARVM . ETINDIARVM . REX and banner as PL-VSV-LT (six known)
C. Legend lettering of NIARVM . ETINDIARVM . REX and banner as PLV-SVLT-RA (one known)
D. Legend lettering of RVM . ETINDIARVM . REX and banner as PL-VSVL-TR (one known)
Known combinations:
1. 1A (one known)
2. 1B (four known)
3. 1C (one known)
4. 2D (one known)
5. 3A (six known)
6. 3B (two known)
The present example is 3A, meaning that the king’s name is spelled without a second I and the middle flower in the
crown is larger than the ones that flank it, while on the other side the legend lettering begins with -NIARVM and the motto in the middle reads PL-VSVL-TR. If Tax Number is requested and supplied, buyer will be exempt from paying tax on his invoice. (FLORIDA) NOTE: Read the terms and conditions or contact us regarding possible tax collection outside of Florida.

Taxes:

Tax	Rate	Desc.
FSTA	6.75%	Florida Sales Tax - Alachua
FSTB	7%	Florida Sales Tax - Baker
FSTB	6%	Florida Sales Tax - Bay
FSTB	7%	Florida Sales Tax - Bradford
FSTB	6%	Florida Sales Tax - Brevard
FSTB	6%	Florida Sales Tax - Broward
FSTC	7.5%	Florida Sales Tax - Calhoun
FSTC	7%	Florida Sales Tax - Charlotte
FSTC	6%	Florida Sales Tax - Citrus
FSTC	7%	Florida Sales Tax - Clay
FSTC	6%	Florida Sales Tax - Collier
FSTC	7%	Florida Sales Tax - Columbia
FSTD	7%	Florida Sales Tax - De Soto
FSTD	7%	Florida Sales Tax - Dixie
FSTD	7%	Florida Sales Tax - Duval
FSTE	7.5%	Florida Sales Tax - Escambia
FSTF	7%	Florida Sales Tax - Flagler
FSTF	7%	Florida Sales Tax - Franklin
FSTG	7.5%	Florida Sales Tax - Gadsden
FSTG	7%	Florida Sales Tax - Gilchrist
FSTG	7%	Florida Sales Tax - Glades
FSTG	7%	Florida Sales Tax - Gulf
FSTH	7%	Florida Sales Tax - Hamilton
FSTH	7%	Florida Sales Tax - Hardee
FSTH	7%	Florida Sales Tax - Hendry
FSTH	6.5%	Florida Sales Tax - Hernando
FSTH	7%	Florida Sales Tax - Highlands
FSTH	7%	Florida Sales Tax - Hillsborough
FSTH	7%	Florida Sales Tax - Holmes
FSTI	7%	Florida Sales Tax - Indian River
FSTJ	7.5%	Florida Sales Tax - Jackson
FSTJ	7%	Florida Sales Tax - Jefferson
FSTJ	7%	Florida Sales Tax - Lafayette
FSTL	7%	Florida Sales Tax - Lake
FSTL	6%	Florida Sales Tax - Lee
FSTL	7.5%	Florida Sales Tax - Leon
FSTL	7%	Florida Sales Tax - Levy
FSTL	7%	Florida Sales Tax - Liberty
FSTM	7.5%	Florida Sales Tax - Madison
FSTM	6.5%	Florida Sales Tax - Manatee
FSTM	6.5%	Florida Sales Tax - Marion
FSTM	6.5%	Florida Sales Tax - Martin
FSTM	7%	Florida Sales Tax - Miami-Dade
FSTM	7.5%	Florida Sales Tax - Monroe
FSTN	7%	Florida Sales Tax - Nassau
FSTO	6%	Florida Sales Tax - Okaloosa
FSTO	7%	Florida Sales Tax - Okeechobee
FSTO	6.5%	Florida Sales Tax - Orange
FSTO	7%	Florida Sales Tax - Osceola
FSTP	6.5%	Florida Sales Tax - Palm Beach
FSTP	7%	Florida Sales Tax - Pasco
FSTP	7%	Florida Sales Tax - Pinellas
FSTP	7%	Florida Sales Tax - Polk
FSTP	7%	Florida Sales Tax - Putnam
FSTS	6%	Florida Sales Tax - Saint Johns
FSTS	7%	Florida Sales Tax - Santa Rosa
FSTS	7%	Florida Sales Tax - Seminole
FSTS	7%	Florida Sales Tax - Sumter
FSTS	7%	Florida Sales Tax - Suwannee
FSTT	7%	Florida Sales Tax - Taylor
FSTU	7%	Florida Sales Tax - Union
FSTV	6.5%	Florida Sales Tax - Volusia
FSTW	7%	Florida Sales Tax - Wakulla
FSTW	7%	Florida Sales Tax - Walton
FSTW	7%	Florida Sales Tax - Washington

Buyer's Premiums:

From (Incl.)	To (Excl.)	Premium
0.00	Infinite	20%

Additional Fees:

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This lot is part of the auction: Treasure, World, U.S. Coin & Paper Money Auction 35 Back To Catalog Listing

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From (Incl.)	To (Excl.)	Increment
0.00	50.00	2.00
50.00	100.00	5.00
100.00	200.00	10.00
200.00	300.00	20.00
300.00	500.00	25.00
500.00	1,000.00	50.00
1,000.00	2,000.00	100.00
2,000.00	3,000.00	200.00
3,000.00	5,000.00	250.00
5,000.00	10,000.00	500.00
10,000.00	20,000.00	1,000.00
20,000.00	30,000.00	2,000.00
30,000.00	50,000.00	2,500.00
50,000.00	100,000.00	5,000.00
100,000.00	200,000.00	10,000.00
200,000.00	300,000.00	20,000.00
300,000.00	500,000.00	25,000.00
500,000.00	Infinite	50,000.00

LOT / Treasure, World, U.S. Coin & Paper Money Auc... / PERU, Lima, 8 reales, Philip II, assayer Rinc...

PERU, Lima, 8 reales, Philip II, assayer Rincón to left, king's name as PHILPVS, legends HISPA /

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