Bolivia 1759-P q 8 reales

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Sedwick Treasure Auction 28, lot 623
Sed28-623r.jpg
Stack's Bowers 2023 ANA sale, lot 53821
SB823-53821r.jpg

This specimen was lot 623 in Sedwick Treasure Auction 28 (Winter Park, FL, November 2020), where it sold for $360. The catalog description[1] noted, "Potosí, Bolivia, cob 8 reales, 1759q, NGC VF 35. Chunky flan with two bold dates, full pillars and nearly full cross (both well centered), peripheral flatness, dark-toned fields." The second specimen was lot 53821 in Stack's Bowers ANA sale (Pittsburgh, PA, August 2023), where it sold for $312. The catalog description[2] noted, "BOLIVIA. Cob 8 Reales, 1759-P q. Potosi Mint. Ferdinand VI. NGC VF-30." The Spanish colony of Upper Peru produced hammered cob coinage at the Potosí mint from 1573 to 1773, with a major debasement scandal and subsequent reform occurring in 1649-1652. The royal or presentation issues are very rare and highly sought after, while the regular strikes vary in price according to the visibility of the date, mint, and assayer initials. This is a common date. By 1759, Mexico, Santiago, Guatemala, Bogota and Lima were striking pillar dollars.

Recorded mintage: unknown.

Specification: 27.07 g, 0.917 fine silver, the first specimen 26.60 grams, the second specimen 26.6 g.

Catalog reference: S-P54; KM-40; Cal-537, Cayón-10638.

Source:

  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Menzel, Sewall, Cobs, Pieces of Eight and Treasure Coins, New York: The American Numismatic Society, 2004.
  • Paoletti, Emilio, 8 Reales Cobs of Potosí, 2nd Ed., Buenos Aires, 2006.
  • [1]Sedwick, Daniel Frank, Augi Garcia and Cori Sedwick Downing, Treasure Auction 28, featuring the Dr. Peter Jones and John O'Brien collections, Winter Park, FL: Daniel Frank Sedwick LLC, 2020.
  • [2]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, August 2023 Global Showcase Auction, World & Ancient Coins, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

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