263

PERU, Lima, "Star of Lima" type, cob 8 reales presentation strike, 1659 V, mintmark * above LIMA, V

Currency:USD Category:Coins & Paper Money / Coins: Shipwreck Coins Start Price:18,000.00 USD Estimated At:25,000.00 - 50,000.00 USD
PERU, Lima,  Star of Lima  type, cob 8 reales presentation strike, 1659 V, mintmark * above LIMA, V
SOLD
Sign In To View Winning Bid
This item SOLD at 2024 Nov 07 @ 13:14UTC-5 : EST/CDT
By registering for our auction, you agree to the terms and conditions.
PERU, Lima, "Star of Lima" type, cob 8 reales presentation strike, 1659 V, mintmark * above LIMA, V to left and 8 to right, rare, NGC AU details / saltwater damage, ex-Ullian. S-L5; KM-18.1; Cal-1243. 26.85 grams. As we have noted in several articles, the "Jupiter Wreck" is known for yielding an important group of very well-struck sample presentation pieces of the 1659 "Star of Lima" issue that was struck without authorization from the King, who was the intended recipient but obviously never saw these samples. Among these are a few very choice 8 reales like this lot, which we called finest known when we first sold it in 2009 from the unadvertised holdings of the famous Florida diver/collector and original Real Eight Co. member Lou Ullian. Later, this coin was a highlight in our first floor auction in 2014. With satin-smooth surfaces graced with lovely toning, this piece features a beautifully detailed full crown above pillars containing *-LIMA-1659 above pristine waves, •V• to left and •8• to right inside king's name PHILIPPVS in the legend, also with perfect lions and castles inside bold cross on other side whose legend shows curiously reversed N's, both sides slightly off-center and with just a hint of surface corrosion but otherwise superb, fully UNC (despite what NGC says), and truly one of the loveliest shipwreck 8 reales you will ever see. Pedigreed to the Lou Ullian Collection (Sedwick Auction 5, lot 260) and also Sedwick Auction 16 (lot 492). Recovered from: “Jupiter Wreck” (San Miguel Arcángel), sunk in 1659 off the east coast of Florida
Please use this link to verify the certification number