LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Potosi, Bolivia, cob 8 reales Royal (galano), 16...

768

Potosi, Bolivia, cob 8 reales Royal (galano), 1630T, x-shaped ornaments, very rare first known date

Currency:USD Category:Coins & Paper Money / Cobs - Potosi Silver Start Price:8,000.00 USD Estimated At:10,000.00 - 15,000.00 USD

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This item SOLD at 2018 Nov 02 @ 20:25UTC-4 : AST/EDT

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Potosi, Bolivia, cob 8 reales Royal (galano), 1630T, x-shaped ornaments, very rare first known date of Potosi Royals, Lazaro Plate Coin. S-P26; KM-R19a; CT-388. 26.60 grams. A truly grand piece of art, with all details full and bold on a very broad, round, even flan, in blatant contrast to the regular issues even for this typically choice date. Curiously, there are fleury-cross ornaments (which Paoletti refers to as St. Andrews crosses) between the P and T and above and below the denomination 8, which began late in this year and ceased (at least as x's) in 1631, distinguishing this issue from other 1630 Royal 8R without those ornaments (also differentiated by the recumbent position of the 6 in the date on our specimen). A small punch-mark can be seen below the cross, with a neatly drilled hole below the assayer, grading XF with toning around details and traces of gilding. This jewel of a coin is shown as just a rubbing in Lazaro, who gave it a rating of RX (<3 known), and was recently featured in the Cayon auction of January 2018 (lot 5022) with a long article (translated into English by Herman Blanton and published in NI Bulletin, Vol. 53, No. 9/10, September/October 2018) concerning the origin of cob coinage at Potosi and the genesis of "Royal" coinage. As is well known by now, the term "Royal" is a misnomer, as there is no evidence that these coins were struck for the King, and a term found in contemporary documents--galano--appears to refer to these special issues as well as Hearts. What is still unknown, however, is why these coins were made, and why they were made in differing quantities at apparently random times in certain years. The first Royals were made in Mexico just before the year 1600; the 1630 Royals of Potosi, like this one, were the first to be struck at Potosi and in fact in all of South America. If Tax Number is requested and supplied, buyer will be exempt from paying tax on his invoice. (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	19%

Additional Fees:

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This lot is part of the auction: Treasure, World, U.S. Coin & Paper Money Auction 24 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	Infinite	10,000.00

LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Potosi, Bolivia, cob 8 reales Royal (galano), 16...

Potosi, Bolivia, cob 8 reales Royal (galano), 1630T, x-shaped ornaments, very rare first known date

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