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Potosi, Bolivia, cob 8 reales Royal (galano), 1651E, with crowned-dot-F-dot countermark (four dots)

Currency:USD Category:Coins & Paper Money / Cobs - Potosi Silver Start Price:4,000.00 USD Estimated At:5,000.00 - 7,500.00 USD
Potosi, Bolivia, cob 8 reales Royal (galano), 1651E, with crowned-dot-F-dot countermark (four dots)
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This item SOLD at 2020 Nov 17 @ 23:34UTC-5 : EST/CDT
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Potosi, Bolivia, cob 8 reales Royal (galano), 1651E, with crowned-dot-F-dot countermark (four dots) on shield, very rare, NGC VF details / holed, Yriarte Plate Coin, Sellschopp Plate Coin. S-P36; KM-R19b; Cal-1395. 26.72 grams. The final-known date of Potosi shield-type Royals (which are already rare as a type), represented by just a handful of examples from two different assayers (the other being O) and several different dies (the present coin not a match with Lazaro), about half of which exhibit revaluation countermarks (to circulate at 7-1/2 reales as opposed to the mandated reduction to 6 reales without countermark), which were actually not supposed to be applied to Royals at all since Royals were not meant to circulate. Like the other known examples, this coin is on a smaller flan than prior dates, its shield side missing the legend at bottom as a result (choice full crown at top, however), yet the cross side is perfectly centered and fully detailed, also with nice rich toning all over and desirably medal-aligned, with hole at top, the countermark in the shield nearly full and quite clear. Plate Coin #560 in Sellschopp's Las acunaciones de las cecas de Lima, La Plata y Potosi (1971) and Plate Coin #962 in Yriarte's Catalogo de los reales de a ocho (1965). NGC #5902400-004.