Mexico 1689-Mo L 8 reales
This type was issued from Mexico City 1667-1701 during the reign of Charles II. The vast majority of survivors lack dates; dated specimens average six times the price of those without. This specimen was lot 1061 in Sedwick sale 9 (Fort Lauderdale, FL, April 2011), where it sold for $1,552.50. The catalog description noted, "Mexico City, Mexico, cob 8 reales, 1689L, extremely rare. A fascinating and very distinctive coin, with bold date and oML, end of king's name and ordinal II in legend, flat in centers (VF otherwise) but with long natural lacuna in surface, the obverse nicely aligned with its shape (top and bottom straight, the sides curved, wider at the bottom), attractively old-toned, and so rare that we cannot trace any other non-Royal examples. Pedigreed to the Stack's auction of June, 1998, lot 942, also KM Plate Coin."
Recorded mintage: unknown.
Specification: 27.07 grams, 0.931 fine silver, .810 troy oz ASW, this specimen 26.4 grams.
Catalog reference: Cayón-7622, S-M21; KM-46; CT-289.
- Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, 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.
- Krause, Chester L., and Colin R. Bruce II, Standard Catalog of World Coins: Spain, Portugal and the New World, Iola, WI: Krause Publications, 2002.
- Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
- Sedwick, Daniel F., Augi Garcia and Cori Sedwick Downing, Treasure Auction #9, Winter Park, FL: Daniel Frank Sedwick, LLC, 2011.