Lot 932
Bolivia. "Royal" 8 Reales, N.D. P-B (Potosi). WR-1;Cayon-4840. 27.19 grams. Philip III, 1598-1621. Crowned Hapsburg shield.Reverse: Quartered arms of Castille and Leon in tressure. Some trivial doubling at shield's right, otherwise especially good strike for early issues, with only modest weakness on reverse. Flan quite round, with handsome toning. Certainly among the finer known. NGC graded AU-50.
Cobs were, in general, very crude strikings. Little care was taken to establish uniformity in size, weight, or design. The "royals" were the exception to this rule. These beauties are examples of how well coins can be produced when a little care is taken. They were exhibited to the Spanish royalty, to demonstrate the capabilities of the provincial minting techniques. Hence, the name "Royals".
Estimated Value $2,000 - 2,500.
Ex Calbeto Collection.
|
| |
| Realized $2,300 |
