Mexico 1724-Mo D 1/2 real KM-R24

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from the Stack's Bowers 2019 NYINC sale, part of lot 41173
Mexico SB119-41173b.jpg

This specimen was part of lot 41173 in Stack's Bowers NYINC sale (New York, January 2019), which did not sell. The catalog description[2] noted, "MEXICO. Foursome of Philip V and Luis I Royal 1/2 Reales, 1724-25. Mexico City Mint. All NGC Certified. 1) 1/2 Real, 1724. Philip V. NGC EF Details--Holed. ...Cal-type-285#1812 (Philip V), Cal-type-30#54 and 55 (Luis I), and the remaining 1725 Philip V unlisted in Calico. Only the 1724 Louis I is listed in the Standard Catalog of World Coins (KM-R25). All assayer D. All are well struck and wonderfully preserved with strong old cabinet toning, all either holed or holed and plugged. A fascinating little set, which documents the rare relinquishment of the throne (by Philip V) only to see it restored after the new King (Luis I) dies shortly after taking it. EXTREMELY RARE as offered and almost unimaginable to assemble individually." This specimen is a silver cob half real struck at Mexico City a few years before the conversion to milled coinage. Specimens with clear dates are unusual and those attributable to Luis's short reign obtain a substantial premium. In 1728, cobs were debased from .931 to .917 fine silver.

Recorded mintage: unknown.

Specification: 1.69 grams, .931 fine silver, .051 troy oz ASW, this specimen 2.00 grams.

Catalog reference: Cayón-8188, Cal-type-30; KM-R25.

Source:

  • 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, 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.
  • [1]Ponterio, Richard, Kyle Ponterio, Matt Orsini and Cris Chatigny, The January 2019 NYINC Sale: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2018.

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