Lot 942
Bolivia. 8 Reales, 1774 PTS-JR (Potosi). Eliz-12; KM-55. 27.01 grams. Charles III, 1759-1788. Laureate, draped, and cuirassed bust of Charles III right. Reverse: Reverse: Crowned Bourbon arms, flanked by bannered pillars. Obverse die shows light clashing at left, while raised area at right edge likely indicates the beginning of die collapse. Otherwise, fully struck up, with semi-matte devices on lustrous fields, which shimmer with cartwheel brilliance. The finest known specimen. NGC graded MS-65.
Charles was nicknamed "the mayor of Madrid", for his development of municipal city works. He even passed a statute prohibiting the dumping of garbage on the city streets, which to that point, had been a regular activity. For this attempt at cleanliness, he was strongly opposed.
Estimated Value $2,500 - 3,000.
Ex: Calberto Collection.
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| Realized $9,488 |
