Mexico
Philip V "Milled" 8 Reales 1732 Mo-F XF40 NGC, Mexico City mint, KM103, Cal-1437, Cay-9349. Long considered the king of the series as the first date of an iconic and instantly recognizable series, notable for its extensive use over four decades prior to the subsequent utilization of the "Bust" type in 1772. A firm strike yields a nearly full expression of the devices throughout, with ample remaining detail to the trademark "Pillars of Hercules" and crowned double globes, features revealing evidence of circulation the most. This specimen boasts pleasingly glassy, gunmetal-gray surfaces tinged with a mottled slate tone while relatively trivial marks and wisps traverse the fields, likely precluding this piece from high designations; notably absent is any indication of saltwater damage, elevating this piece further, as many examples typically encountered at market are plagued by this issue. A rarity to say the least that would be a highlight in even the most advanced collections.
https://coins.ha.com/itm/mexico/mexico-philip-v-milled-8-reales-1732-mo-f-xf40-ngc-/a/3094-34931.s?type=CoinArchives3094
HID02906262019
© 2020 Heritage Auctions | All Rights Reserved
Estimate: 5000-7000 USD