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843. Segovia, 50 reales cincuentín, Philip IV, 1626, assayer cross-topped A. CT-239. Cay-6584. 170.0 grams. Among the many “trophies” of the long and varied Spanish numismatic series are the massive 50 reales or “cincuentines” (known in their time as “monedas excelentes”), effectively the largest Spanish silver coins ever struck, made in very limited quantities throughout the 1600s. The concept appears to have been initiated (or at least encouraged) by the needs of rich Sevillan merchants who were presenting massive quantities of silver (presumably from Peru) to the mint all at once. To make such huge coins required the state-of-the-art technology of a hydraulic steam-press and special roller dies (cuños de rodillo), invented in Germany in the late 1500s and installed in a special mint in Segovia called the Real Ingenio. Very rare and special in their own time, these 50-reales coins are even more highly regarded today and can sell in the six-figure range. This 1626 specimen is arguably the most common date by virtue of the fact that it had the highest mintage of 300 pieces (of which fewer than 20 are known to exist today), all made for the Marqués de Liche over the course of three weeks, from July 8 to July 28. This specimen is XF, with several old nicks and bumps and a small flaw in the rim, but is nonetheless beautiful, attractively toned, and typically perfectly struck. Estimate: $15,000 - $22,500

844. Barcelona, 2 reales “pistareen,” Charles III Pretender, 1712. CT-28. Cay-7984. 4.3 grams. Nice shield side (AVF) but messy monogram (AVG), still with full and clear date and attractively toned. Estimate: $50 - $75

846. Madrid 2 reales “pistareen,” Philip V, 1721A. CT-1248. Cay-8720. 4.8 grams. Nice AXF, well struck and beautifully toned, but very lightly shaved around edge. Estimate: $65 - $95

Venezuela

845. Madrid, 2 reales “pistareen,” Philip V, 1721A. CT-1248. Cay-8720. 5.5 grams. Attractively toned AXF with upper half of cross weak due to waviness of flan as struck on a roller-press. Estimate: $85 - $125

847. Caracas, 1 real, 1818BS. KM-C5.1. 2.6 grams. Royalist issue during the struggle for independence, its design imitative of Peruvian cobs, this specimen rather choice for the issue (which is rare in this denomination), off-center VF+, nicely toned. Estimate: $500 - $750

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Profile for Daniel Frank Sedwick, LLC

Treasure and World Coin Auction # 4  

Daniel Frank Sedwick, LLC. Treasure and World Coin Auction # 4 November 2008

Treasure and World Coin Auction # 4  

Daniel Frank Sedwick, LLC. Treasure and World Coin Auction # 4 November 2008