Stack's Bowers & Ponterio
May 2023 World CCO Auction 16-19 May 2023
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BOLIVIA. Cob 8 Reales, 1651-P EE. Potosi Mint. Philip IV. PCGS Genuine--Chopmark, VF Details.
KM-C19.2; KM-19B (for host); Cal-1491; Paoletti-251. Weight: 26.56 gms. A beautifully rustic 8 Reales Cob from the transitional period following the Potosi Mint Scandal of 1649. As such, it bears a crowned "L" countermark on the reverse, intended to revalue the piece at 7 1/2 Reales. There is also a small rectangular chopmark on the upper left quadrant of the cross, causing a bulge on the opposite side. Although the obverse is somewhat crude, the mintmark, denomination, assayer's initial, and part of the monarch's name all appear astride the central Habsburg shield. While the reverse date is mostly muddled, it can be ascertained thanks to the short duration of this design under the assayer Antonio de Ergueta. Fairly well-preserved and free from the commonly encountered die shift or saltwater damage, the coin presents its details with delightful boldness. Deep gunmetal toning enhances its eye appeal.
Estimate: $500 - $750
KM-C19.2; KM-19B (for host); Cal-1491; Paoletti-251. Weight: 26.56 gms. A beautifully rustic 8 Reales Cob from the transitional period following the Potosi Mint Scandal of 1649. As such, it bears a crowned "L" countermark on the reverse, intended to revalue the piece at 7 1/2 Reales. There is also a small rectangular chopmark on the upper left quadrant of the cross, causing a bulge on the opposite side. Although the obverse is somewhat crude, the mintmark, denomination, assayer's initial, and part of the monarch's name all appear astride the central Habsburg shield. While the reverse date is mostly muddled, it can be ascertained thanks to the short duration of this design under the assayer Antonio de Ergueta. Fairly well-preserved and free from the commonly encountered die shift or saltwater damage, the coin presents its details with delightful boldness. Deep gunmetal toning enhances its eye appeal.
Estimate: $500 - $750