(Vendue pour $6462.0)
1643,
BOLIVIA. 8 Reales Royal, 1643-P. Philip IV (1621-65). NGC EF-40.
26.6 gms. KM-R19a; Laz-104 (plate coin)R4. EXTREMELY RARE. Fully round presentation strike or "Royal", struck on a specially prepared planchet. The exact reasoning as to why these specially made pieces were produced is unknown. Some theories include that these pieces were used to prove the minting quality of the coins from the mint. They were produced on specially manufactured cast round planchets, as opposed to cutting blanks from the end of a silver bar. Special care was also taken when they were struck, as they are nearly always executed with precision while centering the dies. Multiple theories about their purpose exist. For instance, it is possible that they were then submitted for inspection to the Viceroy, and possibly even the King of Spain himself. While feasible, there is evidence that rebukes this theory. For instance, some "Royals" exist with Central American countermarks from the 19th century, hence they were never sent to Spain for inspection. The current belief is that these were specially commissioned pieces, produced for ceremonial purposes or special events. One contemporary document discusses specially made coinage that was given out as gifts during a Royal wedding. In this case, the men were given 8 Reales, while the women were given 4 Reales. Regardless of their intended purpose, it is clear that these are specially made coins, that vary greatly in their method of manufacture than that of the traditional circulating coinage of the time. Small hole at 1 o'clock that has been expertly repaired and virtually undetectable (evident when compared with the rubbing of the Lazaro plate coin, where the hole was still present). An attractive and pleasing example of an early Potosi Royal. Some minor central weakness, yet overall details bold and clear. Struck on a large round planchet, with full legends on both sides. Bold and clear date, variant with legend stop on reverse made up of five small dots. An EXTREMELY RARE piece, with fewer than a half dozen examples estimated to exist.
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BOLIVIA. 8 Reales Royal, 1643-P. Philip IV (1621-65). NGC EF-40.
26.6 gms. KM-R19a; Laz-104 (plate coin)R4. EXTREMELY RARE. Fully round presentation strike or "Royal", struck on a specially prepared planchet. The exact reasoning as to why these specially made pieces were produced is unknown. Some theories include that these pieces were used to prove the minting quality of the coins from the mint. They were produced on specially manufactured cast round planchets, as opposed to cutting blanks from the end of a silver bar. Special care was also taken when they were struck, as they are nearly always executed with precision while centering the dies. Multiple theories about their purpose exist. For instance, it is possible that they were then submitted for inspection to the Viceroy, and possibly even the King of Spain himself. While feasible, there is evidence that rebukes this theory. For instance, some "Royals" exist with Central American countermarks from the 19th century, hence they were never sent to Spain for inspection. The current belief is that these were specially commissioned pieces, produced for ceremonial purposes or special events. One contemporary document discusses specially made coinage that was given out as gifts during a Royal wedding. In this case, the men were given 8 Reales, while the women were given 4 Reales. Regardless of their intended purpose, it is clear that these are specially made coins, that vary greatly in their method of manufacture than that of the traditional circulating coinage of the time. Small hole at 1 o'clock that has been expertly repaired and virtually undetectable (evident when compared with the rubbing of the Lazaro plate coin, where the hole was still present). An attractive and pleasing example of an early Potosi Royal. Some minor central weakness, yet overall details bold and clear. Struck on a large round planchet, with full legends on both sides. Bold and clear date, variant with legend stop on reverse made up of five small dots. An EXTREMELY RARE piece, with fewer than a half dozen examples estimated to exist.
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