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Potosi, Bolivia, cob 8 reales, 1652E transitional Type III, rare.

Currency:USD Category:Coins & Paper Money / Shipwreck - Silver Coins 1500s-1650s Start Price:2,000.00 USD Estimated At:2,500.00 - 3,750.00 USD
Potosi, Bolivia, cob 8 reales, 1652E transitional Type III, rare.
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This item SOLD at 2014 May 13 @ 20:54UTC-4 : AST/EDT
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Potosi, Bolivia, cob 8 reales, 1652E transitional Type III, rare. S-P37; KM-A20.3; CT-unl. 25.39 grams. Choice specimen with full inner details (just a little weak in the centers) and much bold legend (including date and king's ordinal IIII), nicely toned and practically corrosion-free, hint of doubling. Among the eight Types of 1652 transitionals, I, II and III are the rarest in general, and the present example is superb for the Type. Recovered from: Maravillas, sunk in 1656 off Grand Bahama Island. UPDATE: Researcher Roberto Mastalir has determined (by overall style) that this coin is not a Type III but is in fact a late alteration of Type V, with the date in center worn out and replaced with a dot.