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Daniel Frank Sedwick, LLC
Treasure Auction 31  4-6 May 2022
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Lot 399

Starting price: 1200 USD
Price realized: 2400 USD
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Mexico City, Mexico, 1 real, Charles-Joanna, "Early Series," assayer G between bottoms of pillars, assayer M/F/P to right of monogram, mintmark M to the left (oMo-oM/F/Po), motto as PLVS in left-leaning rhomboid panel with single annulets on either side, very rare, NGC VF 25, finest and only example in NGC census, ex-Laguette. Nesmith-9; Cal-unl (61 for type); S-M2; KM-unl (6 for type). 3.12 grams. The right-side mintmark is "oM/F/Po," thus showing the progression of this particular die from assayer P to F and finally to G. See the previous lot for an example under assayer F. Nesmith never recognized this progression and therefore incorrectly guessed that G preceded F and P because the assayer mark G appears at the bottom of the pillars, just as with assayer R. This is a beautifully toned specimen with full details. The only coin Nesmith mentioned as an example of this type (again, not recognizing the M/F/P) was owned by him, and while this one Hubbard noted was "ex Laguette," it mysteriously did not appear in Nesmith's census since he catalogued Laguette's coins before publishing his book.. NGC #6448168-043. Pedigreed to the Lucio Laguette Collection and Clyde Hubbard Collection of Mexican Charles-Joanna Coinage (stated on label). Accompanied by original tag or holder from Clyde Hubbard.
($1500-2250)
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