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Seville, Spain (special issue for the New World), 1 real, Ferdinand-Isabel, with P countermark (for

Currency:USD Category:Coins & Paper Money / World Coins - World Start Price:1,000.00 USD Estimated At:1,000.00 - 2,000.00 USD
Seville, Spain (special issue for the New World), 1 real, Ferdinand-Isabel, with P countermark (for
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This item SOLD at 2010 Apr 09 @ 10:38UTC-4 : AST/EDT
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Seville, Spain (special issue for the New World), 1 real, Ferdinand-Isabel, with P countermark (for Panama[?]), extremely rare. CT-unlisted. 3.4 grams. In 1505 a special series of coins for exclusive use in the New World was struck in Spain under Ferdinand-Isabel and subsequently exported to Santo Domingo, Mexico, Panama and even Puerto Rico. These coins, which are generally very rare today, show a large, crowned F in the center of the reverse. The present specimen also shows a P countermark just to the left of the shield, which we believe indicates its use in the Panama region, where most of the known coins with this countermark have been found (note this coin and the next lot are the first of this combination ever to be offered at auction). Broad, round flan with full legends and crown, nice full shield, slightly corroded reverse with faint S mintmark below the F (confirmed by style of crown), nicely toned VF or so.