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Daniel Frank Sedwick, LLC
Treasure Auction 28  17-19 Nov 2020
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Lot 541

Starting price: 1200 USD
Price realized: 6000 USD
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Shield Type
Lima, Peru, cob 8 reales, Philip II, assayer Diego de la Torre, P-8 (flat-top) to left, *-oD to right, NGC MS 62, finest known in NGC census.S-L4; KM-14; Cal-655.27.25 grams.The production of Lima assayer Diego de la Torre is among the most well crafted of all hand-struck colonial coinage, but condition is another matter, as his coinage was circulated and lost in hoards and shipwrecks just like other cobs. This coin is the exception, with such sharp details and even bright mint luster to merit its designated grade of MS 62, a full four points higher than any other 8R of the type in the NGC census. Well centered on a full flan, with all details--but particularly the interiors--100% defined, the only exceptions being a couple weak spots in the crown and legends, as well as minor doubling on the *-oD to the right of the shield. With pedigree back to 1997 but clearly very well preserved for centuries before that, a true "wonder coin" in an already popular and highly sought series.Pedigreed to the SBC (Zurich) auction of September 1997, with original lot-tag #2315.

Estimate: 1500-3000 USD
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