3197
0940- Bolivia. Royal 8 Reales, 1727 P-Y (Potosi)
Currency:USD
Category:Coins & Paper Money / World Coins - World
Start Price:34,000.00 USD
Estimated At:70,000.00 - 80,000.00 USD
SOLD
90,000.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2011 Jun 01 @ 10:19UTC-7 : PDT/MST
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
Bolivia. "Royal" 8 Reales, 1727 P-Y (Potosi). WR-10; KM-R35. 26.87 grams. Louis I, 1724. Crowned Cross of Jerusalem, quartering arms of Castille and Leon, all in quadrilobe. Reverse: Crowned pillars over waves. Well struck and centered, on small flan of excellent metal. Flan nice and round. Three dates visible. Legends nearly completely visible, and rare thus. A very handsome "Royal" of itself, let alone for this ephemeral king too. Extremely Rare - the rarest of all the Spanish kings. NGC graded MS-61. .
Philip V, the first Bourbon king of Spain, abdicated his throne in favor of his son Louis I in 1724. Unfortunately, young king Louis died the same year after a reign of only 7 months, with Philip resuming rule once more. Louis' coins are the Classic Rarity of the the vast Imperial Spanish coinages, even though the Potosi mint struck cobs in his name from 1725 to 1727. Mexico, the only other country to issue in his name, struck 8 Reales of the earlier type from 1724 to1725. To date, this is the finest 8 Reales of Louis I (Note: the holed example in Krause, p. 57, realized $30,000 in a Ponterio sale in the late 80's or early 90's).
Estimated Value $70,000 - 80,000.
Provenance: Illustrated in Money of the World, coin 150. Ex Millennia, Lot 940.
Auction Location:
THE CROWNE PLAZA BEVERLY HILLS, Del Rey Ballroom (Floor 2), Beverly Hills, California, 90035, United States
Previewing Details:
LOT PREVIEW SCHEDULE
By Appointment Only
May 2-20, 2011
9am - 5pm
OPEN LOT VIEWING
May 23-30, 2011
9am - 5pm
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
Will ship worldwide
Payment Details:
No Info Available
Accepted Payment Methods:
- VISA
- Master Card
- Money Order/Bank Draft
- Check/Cheque
These Terms And Conditions Of Sale Set Forth The Terms Of A Public Auction Sale Conducted In Beverly Hills, California By Ira & Larry Goldberg Coins & Collectibles, Inc., A Nevada Corporation, California Auction Bond No. 3s95453300 (Hereinafter, The "Auctioneer" Or "Goldberg").
The Terms And Conditions Of Sale, The Glossary, If Any, And All Other Contents Of This Catalog Are Subject To Amendment By Us By The Posting Of Notices Or By Oral Announcements Made During The Sale.
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Disclaimers And Warranties
All Items Offered In This Catalogue Are Guaranteed To Be Genuine.
This Is A Limited Warranty That The Item Sold Is Not Counterfeit, That Its Date Or Mintmark Has Not Been Altered And That The Coin Has Not Been "Repaired."
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a. The descriptions contained herein represent the Cataloger's good faith opinion, or the opinion of an independent grading service, as to the state of preservation and strike. When a grade from an independent grading service is utilized, the information is provided strictly for the convenience of the bidder by mail, telephone or facsimile. Bidders and Purchasers acknowledge that (i) grading is an art, not a science; (ii) the grades contained in the catalogue represent the opinion of the Auctioneer based upon its experience; (iii) it is possible that two people will not always grade the same items alike; and (iv) as market conditions change, grading standards change, and will most likely continue to do so in the future.
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COINS & CURRENCY LISTED IN THIS CATALOGUE GRADED BY PCGS, NGC, ICG, SEGS, ACCUGRADE, PCI, NTC, CGA, PMG OR ANACS CACHET MAY NOT BE RETURNED FOR ANY REASON WHATSOEVER.
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"A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR."
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