Panama, cob 1 real, Philip II, assayer oX below denomination I to right, mintmark AP to left, very rare, ex-Richard Stuart, Proctor Plate Coin. S-AP1; KM-2; CT-646. 3.12 grams. Good full crown and shield and cross and lots of legend, bold full mintmark and assayer and denomination, slightly porous AXF with contrasting toning on fields. The better of two known specimens of these dies, according to Proctor. Pedigreed to the Richard Stuart collection, and Plate Coin #1R.5X on page 124 of The Forgotten Mint of Colonial Panama (2005), by Jorge Proctor.
($2500-5000)