Bolivia 1766-P V Y 8 reales

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Aureo sale 232, lot 1286
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 1286 in Aureo y Calico sale 232 (Barcelona, March 2011), where it sold for 240 euros (about $396 including buyer's fees). The catalog description[1] noted,
"Carlos III (1759-1788). 1766. Potosí. V. 8 reales. Triple fecha. MBC. (Charles III, 1759-88, eight reales of 1766, Potosi mint, three dates, very fine)."
The year 1767 marked the initiation of milled coinage at Potosi, the last mint to do so, but cobs continued to be produced until 1773.

Recorded mintage: unknown.

Specification: 27.07 g, .917 fine silver, .798 troy oz ASW.

Catalog reference: KM 45, Cal-953.

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 Lalana, Selección de 500 Monedas, Medallas y Billetes, Barcelona: Aureo y Calicó Subastas, 2011.

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