Bolivia 1702-P Y 2 reales
This specimen was lot 535 in Sedwick Treasure Auction 26 (Winter Park, FL, November 2019), where it sold for $238. The catalog description noted, "Potosi, Bolivia, cob 2 reales, 1702Y. Full and well-centered pillars with bold date and assayer above waves, full but off-center cross, lightly toned AXF for the period, inexplicably underweight." The Spanish colony of Upper Peru produced hammered cob coinage at the Potosi mint from 1573 to 1773, with a major debasement scandal and subsequent reform occurring in 1649-1652. The period 1767-1770 saw the simultaneous issue of milled columnarios. The royal or presentation issues are very rare and highly sought after, while the regular strikes vary in price according to the visibility of the date, mint, and assayer initials.
Recorded mintage: unknown.
Specification: 6.77 g, .931 fine silver, this specimen 5.72 g.
Catalog reference: S-P43a; KM-29; CT-1324, Cayón-8610.
- Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, vol. 1, 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.
- Sedwick, Daniel Frank, Augi Garcia and Cori Sedwick Downing, Treasure Auction 26, Winter Park, FL: Daniel Frank Sedwick LLC, 2019.