Lot 1155
Peru. 8 Reales, 1755- JD (Lima). Eliz-4; WR-6; KM-55.1. 26.92 grams. Ferdinand VI, 1746-1759. Pillar coinage. Crowned Bourbon arms. Reverse: Crowned globes flanked by crowned and bannered pillars, over water. Light clashing seen on reverse die. Otherwise, crisp, virtually complete strike. Pristine surfaces and shimmering cartwheel luster beneath matte old gray toning, which lightens towards the edges to an iridescent display. Probably the finest known. Rare in this grade. NGC graded MS-65.
It must be remembered that coin collecting was not a hobby practiced in Peru or Spain at this time to any significant degree. Thus, high grade silver crowns such as this example are very rare in grade, since there was little motivation to preserve them. Some can be found as sea salvage examples, but they show evidence of saltwater corrosion. To find an example such as this one is special indeed.
Estimated Value $4,000 - 5,000.
Ex Calbeto Collection.
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| Realized $14,950 |
