Bolivia 1655-P E 8 reales

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Heritage sale 3035, lot 30091
Bolivia H3035-30091r.jpg

Royals are known of this type from the Potosi mint but all are rare. The regular cob issues are not nearly as nice. The years 1649-52 were a period of reform at the Potosi mint; it was found that the previous mintmasters in office 1625-48 had been debasing the cobs, a crime for which one official paid with his life. This specimen was lot 30091 in Heritage sale 3035 (Long Beach, September 2014), where it sold for $4,700. The catalog description[1] noted, "Philip IV cob 8 Reales 1655 P-E VF Details (Holed) NGC, Potosi mint. Boldly struck with minimal doubling, and full weight at 27.1 grams. Clearly a premium coin for the designation, well detailed and a much scarcer date rated as R4 by Lazaro - who only plated a single specimen."

Recorded mintage: unknown.

Specification: 27.07 g, .931 fine silver, .810 troy oz ASW, this specimen 27.1 g.

Catalog reference: Cayón no. 6485, KM R21, Laz-144.

Sources:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón9-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.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.
  • [1]Bierrenbach, Cristiano, and Warren Tucker, Heritage Signature Auction 3035, World and Ancient Coins, featuring the FoxLair Collection and the Law Collection, Dallas: Heritage Auction Galleries, 2014.

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