Bolivia 1656-P E 8 reales royal

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Aureo sale 232, lot 1197
Aureo sale 232, lot 1197
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 1197 in Aureo y Calico sale 232 (Barcelona, March 2011), where it sold for 2,900 € (about $4,785 including buyer's fees). The catalog description[1] noted,
"Felipe IV (1621-1665). 1656. Potosí. E. 8 reales. Redonda. Tipo 'real'. Muy rara. MBC+. (Philip IV, 1621-65, eight reales of 1656, Potosi mint, royal type. very rare, very fine)."

Recorded mintage: unknown.

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

Catalog reference: KM R21, Cal-412.

Sources:

  • Harris, Robert P., Pillars & Portraits, San José, CA: Bonanza Press, 1968.
  • 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] Sisó, Teresa, Eduardo Domingo and Lluís Salana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2011.

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