Watch List notes:

Caracas, Venezuela, "imitation cob" 2 reales, Ferdinand VII, "184" date (ca. 1814), lions at top left and bottom right, encapsulated NGC MS 63, with WINGS gold sticker, ex-Leo Mooy. Beautifully rainbow toned with underlying luster, this specimen is on par with another MS 63 that realized $8,050 in January 2012, the present specimen with clearer M-2-L at top, also with particularly sharp PLV-SVL-TR above L-184-M, full cross-side details as well, even with some quatrefoils in the seldom-seen periphery. Overall an outstanding example and among the choicest specimens of the type, tied for second finest and bettered only by a single MS 64 at NGC. Prior to Mooy the pedigree is not certain but may be linked to the Pena collection from the late 19th century. Acquired from Leo Mooy of Caracas.

Estimate: $3500 - 5000