MEXICO. "Royal" Presentation Cob 1/2 Real, 1724-Mo D. Mexico City Mint. Luis I. NGC VF Details--Holed.
KM-R25; Cal-4. Weight: 1.7 gms. Two-year type. One of only two certified examples of the date on either the NGC or PCGS population reports. This handsome looking survivor boasts a bold strike on a round planchet. This VERY RARE, moderately worn example displays attractive rich gray patina with clear well defined design features. Close inspection reveal a small pinhole at 12 o'clock accounting for the details designation. Despite its shortcomings a presentable example of this seldom seen type that is sure excite collectors.
Ex: David O'Harrow Collection (Stack's Bowers Galleries 11/2015) Lot # 39340.
Ex: Richard Long Sale # 69 (4/1993).
Estimate: $1000 - $1500