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Daniel Frank Sedwick, LLC
Treasure Auction 24  2-3 Nov 2018
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Lot 768

Starting price: 8000 USD
Price realized: 9500 USD
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Potosi, Bolivia, cob 8 reales Royal (galano), 1630T, x-shaped ornaments, very rare first known date of Potosi Royals, Lazaro Plate Coin. S-P26; KM-R19a; CT-388. 26.60 grams. A truly grand piece of art, with all details full and bold on a very broad, round, even flan, in blatant contrast to the regular issues even for this typically choice date. Curiously, there are fleury-cross ornaments (which Paoletti refers to as St. Andrews crosses) between the P and T and above and below the denomination 8, which began late in this year and ceased (at least as x's) in 1631, distinguishing this issue from other 1630 Royal 8R without those ornaments (also differentiated by the recumbent position of the 6 in the date on our specimen). A small punch-mark can be seen below the cross, with a neatly drilled hole below the assayer, grading XF with toning around details and traces of gilding. This jewel of a coin is shown as just a rubbing in Lazaro, who gave it a rating of RX (
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