974

Potosi, Bolivia, cob 8 reales Heart, 1716Y, very rare.

Currency:USD Category:Coins & Paper Money / Cobs - Potosi Silver Start Price:25,000.00 USD Estimated At:25,000.00 - 50,000.00 USD
Potosi, Bolivia, cob 8 reales Heart, 1716Y, very rare.
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This item SOLD at 2014 May 02 @ 12:35UTC-4 : AST/EDT
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Potosi, Bolivia, cob 8 reales Heart, 1716Y, very rare. S-P43aCT-854. 26.56 grams. The Hearts of Potosi, made to look like the Catholic burning "sacred heart" of Christ (see http://www.sedwickcoins.com/articles/hearts.htm), are eye-catchingly beautiful, revered even in their own time as lasting symbols of unique rarity, none more so than the massive 8 reales. Seldom do these magnificent 8R come up for sale--just lucky that we had one in our last auction--and when they do they see spirited bidding. The present specimen is a nice AVF, with minimal doubling, no tooling or gilding, and elegantly aligned axes, nicely toned fields and unmistakable shape with inevitable hole in the "flames" at top. Nearly full legends include a partial third date and king's ordinal V. Curiously, four pomegranates surround the denomination on the pillars side.