3668

0936- Bolivia. 'Royal' 8 Reales, 1656-P-E (Potosi)

Currency:USD Category:Coins & Paper Money / World Coins - World Start Price:5,000.00 USD Estimated At:10,000.00 - 12,500.00 USD
0936- Bolivia. 'Royal' 8 Reales, 1656-P-E (Potosi)
Bolivia. 'Royal' 8 Reales, 1656-P-E (Potosi). WR-6; KM-R21. 27.49 grams. Philip IV, 1621-1665. Crowned Cross of Jerusalem, quartering arms of Castille and Leon, all in quadrilobe. Reverse: Crowned pillars over waves. Choice strike on excellent metal. Flan nice and round, albeit a little smallish. Three dates visible. A truly handsome "Royal." Extremely Rare. NGC graded EF-45. .

The "Royals" were struck on specially selected, round planchets with special dies - the dies not necessarily having the same designs and inscriptions as those coins of the same date and mintmark in the regular coinage. Some of the better specimens may have well been sent to Spain so that the king could see for himself what fine handiwork was being done at the various mints.
Estimated Value $10,000 - 12,500.

Provenance: Ex Millennia, Lot 936.