SPAIN. 4 Reales, 1794-M MF. Madrid Mint. Charles IV. NGC MS-64.
KM-431.1; Cal-Type 91#780. Miraculous quality, this well-pedigreed 4 Reales of Charles IV is perfectly struck with strong prooflike reflectivity in the fields. On both sides, sumptuous cabinet tone adds to the appearance, as peach hues grace the centers and lilac and rose coloration joins the outer edges. Entirely anomalous for the series, we've seen no others that even approach this quality. A scan of the population reports of NGC and PCGS helps to confirm this assertion, as no examples, aside from the present piece, even exceed the MS-62 grade. Worthy of a museum, this coin is certain to take an exalted position in the next collection it enters.
From the Avrabanel Collection.
Ex: R.L. Lissner Collection.
Estimate: $2500 - $5000