Bolivia (1613-17)-P Q 8 reales

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Stack's Bowers 2020 ANA sale, lot 22385
SB820-22385r.jpg

This specimen was lot 22385 in Stack's Bowers ANA sale (Las Vegas, August 2020), where it sold for $312. The catalog description[1] noted, "BOLIVIA. Cob 8 Reales, ND (1613-1617)-P Q. Potosi Mint. Philip III. PCGS VF-35 Gold Shield. Assayer letter (and thus date) incorrectly stated on slab. A well detailed and pleasingly toned cob with visible denomination, mintmark, and assayer. From the BKingdom Collection." The mountains around Potosi contained enormous amounts of high grade silver ore, a situation the Spanish were not slow to exploit. A mint was set up in the 1570's to process the silver mined there. The early products of the reign of Philip II are fairly good quality but rot set in during the following reign, including fraudulent debasement. The Potosi mint was the first mint in the western hemisphere to date its products. Dating began in 1617.

Recorded mintage: unknown.

Specification: 27.07 g, 0.931 fine silver, this specimen 26.52 g.

Catalog reference: Cayón-4842, KM-10; Cal-Type 55.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
  • [1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The August 2020 ANA Auction: World Coins, featuring the Duke of Lansing Collection, Santa Ana, CA: Stack's Bowers LLC, 2020.

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