Potosi, Bolivia, cob 8 reales, 1732YA/M, very rare.

Currency:USD Category:Coins & Paper Money / Cobs - Potosi Silver Start Price:1,200.00 USD Estimated At:1,500.00 - 3,000.00 USD
Potosi, Bolivia, cob 8 reales, 1732YA/M, very rare.
1,500.00USD+ (262.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2016 Nov 12 @ 21:37UTC-5 : EST/CDT
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Potosi, Bolivia, cob 8 reales, 1732YA/M, very rare. S-P45; KM-unl (31a for type); CT-unl (Type 151). 27.16 grams. The 1732YA 8R is a notorious issue because it is rather rare (much rarer than 1733YA, this being the first example in our auctions) but seems more common due to the appearance of a famous classic counterfeit in older reference books and even several modern auction archives. This specimen has a bold full cross, full but doubled pillars, two assayers and two full dates, AXF with toned fields. Both visible assayer-marks show evidence of YA/M as well, which has been seen on at least one other example. This seems the right place to mention that the name of this assayer has been discovered and confirmed to be Francisco de Yllana, thanks to research by Jorge Proctor. (Also see the even-rarer 4R 1732YA in this auction, lot #1027.)

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