Colombia 1662-NR PoR 2 reales

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Heritage sale 458, lot 50775
image courtesy Heritage Auction Galleries

The specimen shown was lot 50775 in Heritage sale 458 (New York, January 2008), where it sold for $11,500.

The catalog description[1] noted,
"Felipe IV cob 2 Reales 1662-NR, AU58 NGC, choice toned AU-UNC, a magnificent coin and unquestionably the finest known of this rare series. Previously sold in the SBC Sale 27 as Lot 76 and described as follows: Crowned quartered arms of Castille and Leon, value 2 shows as Z to right. Rev: Crowned Pillars of Hercules over waves dividing PL-VS-V, 2 above, NoR below. C.T. 772 plate coin. Nesmith ANS unlisted. L.R. unlisted. Very rare. Nearly Mint State. From the second style of Philip IV silver mandated in 1650, this specimen is presumably unique due to style modifications. The reverse has two pillars with disproportionally large crowns atop each. Between these crowns is a pomegranate who stem is so long and looped that it appears as an Arabic 2 at first glance. PLUS VLTRA is in the central area divided by the pillars; it is indicated as PL-VS-V. The bold mintmark in the bottom center is an NR monogram with a circle above. The obverse has a very bold crowned shield (castle-lion-lion castle) with a dot in the lower triangle instead of a pomegranate. To the right is a Z for 2 Reales. To the left is visible only the lower of three dots known to be part of the design. No indication of the assayer was included in this design. Earlier years of this second general type had a floral punch instead of the value 2 to the right of the obverse shield. The reverse was so different that it is not the same type. This piece is remarkable in that it is perhaps the finest silver cob of Nuevo Reino currently reported."
This type was issued from Bogotá intermittently 1652-65 and all dates are listed as "Rare" in the SCWC.

Recorded mintage: unknown.

Specification: 6.77 g, .931 fine silver, .202 troy oz ASW, this specimen 6.77 grams.

Catalog reference: Cayón no. 5979, KM 6.3, CT 772 (plate coin).

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.
  • Restrepo, Jorge Emilio, Monedas de Colombia, 1619-2006, Medellin, Colombia, Impresiones Rojo: 2006.
  • Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.

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