Charles-Joanna, "Early Series"
Mexico City, Mexico, 3 reales, Charles-Joanna, "Early Series," assayer R (Gothic) at bottom between pillars, no waves, three-bars denomination, crown outside beaded circle, rare, NGC VF details / sea salvaged, ex-Jones (Plate Coin).Nesmith-5d type/5d; Cal-101; S-M1; KM-14a.7.85 grams.Maybe the most interesting of assayer-R coin denominations, with three vertical bars bridged by rounded joining tops, this one struck without retrograde N's, a characteristic of Nesmith #5d shield legends. The deep dark toning suggests probable sea immersion, but the details are legible and the strike good. This type is much rarer than the three-dot variety, an important addition to any type-collection.Pedigreed to the Dr. Peter Jones collection, plated on page 55 of his book The First Coins of the Americas (2020), and to the Ponterio auction of January 2005, with original lot-tag #413.
Estimate: 3500-5000 USD