Stack's Bowers & Ponterio
January 2021 Auction 15-16 Jan 2021
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PERU. 8 Reales, 1759-LM JM. Lima Mint. Ferdinand VI. NGC Unc Details--Obverse Cleaned.
KM-55.1; Gil-Unlisted; Yonaka-Unlisted. This is the first recorded appearance of a 1759 Lima pillar 8 Reales with no dot above either mintmark, hence it is undoubtedly EXTREMELY RARE. The closest previously known date for this phenomenon is 1766. Careful inspection of the area above the left mintmark confirms that no metal has been surreptitiously removed. The coin is well struck and shows some bright luster in spots, though a thin layer of earthen material remains tucked into some of the protected areas. A few hairlines populate the fields and the toning varies from light to mottled medium gray. Regardless of the Detail-graded drawbacks, this is an important discovery coin that should certainly bring spirited bidding among pillar dollar specialists.
Estimate: $1000.00- $1500.00
KM-55.1; Gil-Unlisted; Yonaka-Unlisted. This is the first recorded appearance of a 1759 Lima pillar 8 Reales with no dot above either mintmark, hence it is undoubtedly EXTREMELY RARE. The closest previously known date for this phenomenon is 1766. Careful inspection of the area above the left mintmark confirms that no metal has been surreptitiously removed. The coin is well struck and shows some bright luster in spots, though a thin layer of earthen material remains tucked into some of the protected areas. A few hairlines populate the fields and the toning varies from light to mottled medium gray. Regardless of the Detail-graded drawbacks, this is an important discovery coin that should certainly bring spirited bidding among pillar dollar specialists.
Estimate: $1000.00- $1500.00