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

595

Potosi, Bolivia, cob 8 reales Royal (galano), 1653E, dot-PH-dot at top, rare, NGC AU 55 (finest know

Currency:USD Category:Coins & Paper Money / Cobs - Potosi Silver Start Price:15,000.00 USD Estimated At:25,000.00 - 50,000.00 USD

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This item SOLD at 2020 Nov 17 @ 23:35UTC-5 : EST/CDT

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Potosi, Bolivia, cob 8 reales Royal (galano), 1653E, dot-PH-dot at top, rare, NGC AU 55 (finest known), ex-Americas (color plate), ex-Ortiz (cover), Sellschopp Plate Coin (2nd ed.). S-P37a; KM-R21; Cal-1412. 27.32 grams. As stated for the Mexican 8 escudos Royal 1713 in this auction (lot 21), even among Royals there is variation in quality, and like that gold piece, this one is among the very best. Not only is it very rare as unholed, but it is also exceptional grade (the best by far), with lovely rich toning all over, perfectly centered on a broad and perfectly round flan, all details strong and evenly struck. The cross side is a die-match with Lazaro #136, but the pillars side does not match any other known specimens. Naturally its modern pedigree is quite admirable, but there is more: Documentary research published in Murray unveils the actual identities of some of the people who commissioned the manufacture of these very rare pieces, and for the specific year 1653 we see that Dr. Francisco de Nestares Marin, President of the Audiencia of Charcas, commissioned 265 pesos in galanos from assayer Antonio de Elgueta. It is well known that Dr. Nestares Marin was the royal inspector who put an end to the fraud in Potosí, ordered the recall and devaluation of dubious currency and carried out the change in design for the cobs of Potosi. How enticing that this beautiful coin could have been originally made for such an illustrious figure in Spanish colonial history! Pedigreed to the "Americas" collection (Kagin's auction of August 1983, lot #1180, color plate) and the Emilio Ortiz collection (Swiss Bank Corporation auction of September 1991, lot #82, plated on catalog cover), also Plate Coin in the 2nd ed. (1992) of Sellschopp's Las acunaciones de las cecas de Lima, La Plata y Potosi. NGC #5902400-007. If Tax Number is requested and supplied, buyer will be exempt from paying tax on his invoice. (FLORIDA) NOTE: Read the terms and conditions or contact us regarding possible tax collection outside of 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	20%

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This lot is part of the auction: Treasure, World, U.S. Coin & Paper Money Auction 28 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), 1653E, dot-PH-dot at top, rare, NGC AU 55 (finest know

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