Watch List notes:

Potosi, Bolivia, cob 1/4 real, Philip II, assayer M to right and mintmark P to left of castle, extremely rare (probably unique), Paoletti Plate Coin. S-P2; Janson-6.2.1.; KM-A1; CT-unl. 0.94 gram. As stated in our Auction #13, in which this small but exciting coin fetched a price of $12,925, this coin was miscataloged as a 1/2R by Almanzar and remained unknown and unappreciated until a footnote in Kurt Dym's 1988 COAC article. It remains the only known specimen to this day, and is a choice example for any 1/4R, with full and details, including crowns and legends on both sides, beautifully toned VF. Pedigreed to our Auction #13, lot #1224, and to the Almanzar auction of April 1974, lot #327, and Plate Coin in Cuartillos Macuquinos de Lima y Potosi (2007), by Emilio Paoletti.

Estimate: $10000