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Potosi, Bolivia, cob 8 reales Royal (galano), 1749q, very rare, NGC AU details / holed, ex-Karon, ex

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), 1749q, very rare, NGC AU details / holed, ex-Karon, ex
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Potosi, Bolivia, cob 8 reales Royal (galano), 1749q, very rare, NGC AU details / holed, ex-Karon, ex-von Schuckmann, Lazaro Plate Coin #311. S-P50a; KM-R40; Cal-500. 26.30 grams. A typically thick, small-diameter flan with bold and even strike particular to late Potosi Royals, but quite rare as a type (Ferdinand VI, whose ordinal is clearly visible in the legend), and possibly unique for the date, as we cannot trace any others despite Lazaro's rating of R4 ("three to four known"), reinforced by its Stack's listing in 1989 as "unlisted in the major references and excessively rare," with choice old toning, the typical hole attractively located precisely at the top of pillars and left end of the cross, overall an ideal coin for a type collection since Ferdinand VI Royals are so tough to find. (Note: Our previous statement in Auction 25 that this coin came from the "Americas" collection [1983] was in error.) Plate Coin #311 on page 394 of Lazaro's Los Redondos de Lima, Mejico y Potosi (1996), and pedigreed to the Stack's auction of April 1989 (lot #925, plated in color), the Paul Karon collection and the von Schuckmann collection (Renaissance auction of December 2001, lot #3083), also pedigreed to our Auction #25 (lot #826). NGC #5902427-002.