Lot 1152
Peru. "Royal" 8 Reales, 1686-L-R (Lima). WR-3; KM-24. 26.86 grams. Charles II, 1665-1700. Crowned Cross of Jerusalem, quartering arms of Castille and Leon, all in tressure. Reverse: Crowned pillars over waves. Choice even strike, on excellent metal. On huge, nearly round flan (modest flan flaw at center). Three dates visible. Toned. Large and impressive. Extremely Rare. NGC graded EF-40.
The "Royals" were struck on specially selected, round planchets with special dies - the dies not necessarily having the same designs and inscriptions as those coins of the same date and mintmark in the regular coinage. Some of the better specimens may have well been sent to Spain so that the king could see for himself what fine handiwork was being done at the various mints.
Estimated Value $20,000 - 25,000.
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| Realized $26,450 |
