Mexico
Philip V 4 Reales 1732 Mo-F AU58 NGC, Mexico City mint, KM94. Essentially Mint State with handsome steel toning and attractive surface quality, some trivial high-point cabinet friction and mild weakness of strike in the centers, likely accounting for the technical designation. The latter characteristic is shared with the lower grade example in the Banco de Mexico collection and was undoubtedly related to a fault in the minting press, since that other example was struck from a different pair of dies. Probably rarer than the "Specimen"/ no assayer variety and currently the single example certified by NGC, this variety was missing from the Norweb collection and only represented by a sea-salvage coin in the Gerber group. This coin realized the highest price of any lot in the sale of the famous A. Patterson collection (Bonham's 7/1996, lot 48 for £18,500 and plated on the cover of the catalog). Another jewel from the early period of Philip V, an immensely desirable coin with a legendary pedigree to boot and a fitting companion to the previous lot: to the best of the cataloguer's knowledge, this is the first time that both varieties of the 1732-Mo pillar 4 Reales have been simultaneously offered for public consideration. From the Rudman Collection of Mexican Coins, Part III
Estimate: 30000-35000 USD