Mexico
Philip II Cob 8 Reales ND (1556-1598) Mo-O AU55 NGC, Mexico City mint, KM43, Cal-156. 27.33gm. A highly attractive and apparently exceedingly rare type, with this being only the second example we have sold and been able to locate coming to auction in the past several decades, with the last bringing an astounding $20,400 in our September 2018 Long Beach sale (lot 34564). Close inspection of the fields reveals that this piece was clearly struck from highly polished dies, with a sizable die shift noted on the obverse, producing a truly singular appearance.
Ex. Espinola Collection
https://coins.ha.com/itm/mexico/mexico-philip-ii-cob-8-reales-nd-1556-1598-mo-o-au55-ngc-/a/3083-30469.s?type=CoinArchives3083
HID02906262019
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Estimate: 3000-5000 USD