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Daniel Frank Sedwick, LLC
Treasure Auction 31  4-6 May 2022
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Lot 365

Starting price: 2400 USD
Price realized: 13 000 USD
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Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer G between bottoms of pillars, mintmark M/F/P to right of monogram (oMo-oM/F/Po), motto as PLVS in left-leaning rhomboid panel with single annulets on either side, very rare, NGC XF details / environmental damage. Nesmith-unl (11 for type); Cal-unl (119 for type); S-M2; KM-unl (17 for type). According to Kent Ponterio, this was a key coin variety (and one of four examples known to us) to re-assigning the chronology of assayers for the Early Series and was unknown to Nesmith (who thought that assayer G preceded P and F). Thus, despite its shortcomings of patchy toning and signs of corrosion (probably another coin from the "Florida hoard" that Hubbard was involved in), the legends and interiors are visible as is the all-important M/F/P to the right of the shield. Its importance to the serious collector cannot be overstated. NGC #6448168-050. Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage. Accompanied by original tag or holder from Clyde Hubbard.
($3000-4500)
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