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Daniel Frank Sedwick, LLC
Treasure Auction 28  17-19 Nov 2020
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Lot 611

Starting price: 4500 USD
Price realized: 7000 USD
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Pillars and Waves
Potosi, Bolivia, cob 8 reales Royal (galano), 1725Y, Louis I, king's ordinal PRIMERO, very rare, NGC XF details / holed, ex-von Schuckmann.S-P43b; KM-R35; Cal-44.27.18 grams.Typically thick and round flan (still broader than what came later), with well-centered details on both sides but the cross somewhat doubled, yet with the all-important PRIMERO bold and clear (die-match with Lazaro #304, rarity RX) and with same "condor" stops in legends as on prior issues, with dark brown sediment on fields, holed at top of pillars. It is unknown why Potosi alternated between the ordinals PRIMERO and just PR in the years 1725-6, as opposed to Roman number I, with which the name also could have been properly Latinized to LVDOVICVS, as we see on the Royals of both Mexico and Lima.Pedigreed to the von Schuckmann collection (Renaissance auction of December 2001, lot #3081).

Estimate: 6000-9000 USD
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