Kingdom of Castille and Leon. Alfonso IX (1188-1230). Morabetino (Gold maravedi). Salamanca or Santiago de Compostela?. (Bautista-198.2). (Imperatrix-A9.4.7 Plate coin). Anv.: ✠ ALFONSIS ⁝ DEI ⁝ GRACIA ⁝ REX. Bust to left, to right sword and to left crozier between stars. Rev.: ✠ IN NE ⁝ PATRIS ⁝ IFILI ⁝ ISPSSCI. Lion with star above right on bridge. Au. 3,65 g.

Light planchet break that does not affect the legend. Extremely rare.

Ex Jesús Vico (26/06/2024), lote 216.

Alfonso IX of León had a long reign marked by conflicts, including with his son Fernando III. He did not take part in the Battle of Las Navas de Tolosa and focused on the reconquest of Extremadura. He founded the University of Salamanca, refounded La Coruña, and summoned the Cortes of León in 1188.

In coinage, he minted gold maravedis similar to his father’s but added a bridge, likely the Tormes Bridge in Salamanca, his main mint. Some coins bear a crescent or star, possibly indicating minting in Santiago de Compostela, which received the privilege to mint gold in 1193. Almost XF. Est...25000,00.

Kingdom of Castille and Leon. Alfonso IX (1188-1230). Dinero. Leon. (Bautista-209.1, Plate Coin). (Imperatrix-A9:3.3, Plate Coin). Anv.: ILDEFONS REX. Rev.: C A S. Bi. 0,99 g. Style of the horse and rider of different art. Lightly rubbed on reverse. Probably the only known specimen. Extremely rare.

Ex Manuel Mozo Collection; Ex Hernández-Canut Collection, Cayón (20/03/2020), lote 162. VF/Choice F. Est...2000,00.

Kingdom of Castille and Leon. Alfonso VIII (1158-1214). Morabetino (Gold maravedi). 1228 Safar Era (1190 AD). Madinat Tulaytula (Toledo). (Vives-2027). (Bautista-262.5). (Imperatrix-A8:23.8). Au. 3,85 g. Sharply struck and nice color. Lovely specimen. Rare. AU. Est...5000,00.

Kingdom of Castille and Leon. Alfonso VIII (1158-1214). Morabetino (Gold maravedi). 1229 Safar Era (1191 AD). Madinat Tulaytula (Toledo). (Vives-2028). (Bautista-262.6). (Imperatrix-A8:23.9). Au. 3,80 g. Scarce. Choice VF. Est...3000,00.

Kingdom of Castille and Leon. Pedro I (1350-1368). Dobla of 35 maravedis. Sevilla. (Bautista-Unlisted). (Imperatrix-P1:10.37, same dies). (Abm-Unlisted). Anv.: + PETRVS : DEI : GRACIA : REX : CASTELLE : ELEGIO :. Rev.: + PETRVS : DEI : GRACIA : REX : CASTELLE : ELEGION. Au. 4,49 g.

Double mintmark, with an “S” in the 1st and 4th quarters. The obverse legend begins at 1 o’clock. Lovely color and extreme rarity, making it a piece of the highest interest for collectors. This is the only known specimen in private hands, and the first time it has ever been offered at auction.

Only 2 other examples are known, which are from the same dies: one in the National Archaeological Museum (ref. 106.166) and another in the Cabinet des Médailles of the Bibliothèque Nationale de France (ref. 309).

This represents a unique opportunity to acquire a true museum piece that is unlikely to appear on the market again, especially since the other 2 known examples are held in public institutions. AU. Est...35000,00.

Kingdom of Castille and Leon. Pedro I (1350-1368). Dobla of 35 maravedis. Sevilla. (Bautista-517). (Imperatrix-P1:2.5). Anv.: + PETRVS : DEI : GRACIA : REX : CASTELLE. Rev.: + PETRVS · DEI · GRACIA : REX : LEGIONIS (roseta). Au. 4,56 g.

Gorgeous specimen. Original colour. Excellent strike and great eye apeal. Very rare in this state of preservation. Slabbed by NGC as MS 66. Only 1 finer specimen in the NGC census. Est...10000,00.

Kingdom of Castille and Leon. Juan de Gante, Duke of Lancaster (1371-1387). 1 real. No mint mark. (Bautista-711). (Imperatrix-JL:1.3, Plate coin). Anv.: + DEVS IVDICIVM TVV(M) REGID / A ET JUSTICIAM. IL coronadas. Rev.: + IVSTICIAM TVAM FILIE REGIS. Cuartelado de castillos y leones con rosetas en sus extremos. Ag. 3,07 g.

Legends separated by rosettes on the obverse and by double saltire crosses on the reverse. Of the highest rarity and numismatic importance.

It may be a striking from a traveling mint, likely in Galicia following its invasion by John of Lancaster himself after his landing in La Coruña.

The obverse legend is inspired by Psalm LXXI “ad Salomonem”: “God grants your judgment to the King and your justice to the daughter of the king,” a clear allusion to John of Gaunt and his wife Constance, daughter of Peter I.

This same specimen is referenced in the specialized online catalog Imperatrix. Choice VF. Est...15000,00.

Kingdom of Castille and Leon. Beatriz de Portugal. 1 real. (1384). Santarem (Portugal). (Bautista-715.1 var. ley.). (Imperatrix-DB:1.3 var. ley.). (Abm-579). Anv.: + DOMINVS: MICHI: ADIVTOR: ET: EGO: DISPI / CIAM: INIMICVS: DOMINVS: MIC. Crowned bust of Doña Beatriz facing left, flanked by S-A. Rev.: + BEATRICIS: D: G: REGINA: CASTELE: ED: PO. Quartered with the arms of Castile and León and the five shields (quinas) of Portugal. Ag. 2,85 g.

Roundel beneath the castle on the right of the 4th quarter. Slight flan crack at the edge, not affecting the legend. Extremely rare and of the highest numismatic interest.

This silver real, of great historical importance, was struck in 1384 during one of the most turbulent periods in Portuguese history, marked by the succession crisis following the death of King Ferdinand I. Beatriz, the king’s only daughter, was designated heir by the Treaty of Salvaterra de Magos (1383), which stipulated her marriage to Juan I of Castile. This agreement guaranteed the separation of the two kingdoms, even under the same sovereign, and included specific conditions for coinage. Coins had to bear the symbols of Portugal and be issued under the queen’s supervision.

After Ferdinand I’s death, his widow, Leonor Téllez, assumed the regency on behalf of Beatriz. However, her authority was not universally accepted. Many cities and nobles refused to recognize Beatriz as queen, and a revolt in Lisbon proclaimed the Master of Avis as Regent and Defender of the Kingdom. Meanwhile, Juan I of Castile claimed his rights to the Portuguese throne, sparking a struggle for control of the realm.

This coin was minted in Santarém between January and March of 1384, during a period in which Leonor still tried to maintain her authority. The obverse features a bust of the monarch modeled after those appearing on the torneses of Ferdinand I, while the reverse displays the quartered arms of Castile and Portugal, symbolizing the proposed union of the crowns under Beatriz. Curiously, the legend on the coin mentions only Beatriz as queen, with no reference to her husband, Juan I of Castile.

Shortly thereafter, the conflicts between Portugal and Castile escalated. The Castilian troops failed to secure control, and in 1385, the Master of Avis was proclaimed King John I of Portugal. He would consolidate his position following his decisive victory over the Castilians at the Battle of Aljubarrota.

Due to the brevity of its issue and the extraordinary circumstances of its minting, this silver real is extremely rare and highly coveted by collectors—not only for its unique typology, but also for its immense historical significance. Choice VF. Est...50000,00.

Kingdom of Castille and Leon. Enrique III (1390-1406). 1 real. Sevilla. (Bautista-759.2). (Abm-585.1). Anv.: + DOMINVS : MICHI : ADIVTOR : ET EGOD / ✱ ISPICIAM : INIMICOS : ME. Rev.: + ENRICVS : DEI : GRACIA · REX : CASTEL. Ag. 3,52 g. Smaller crowned EN monogram. S below the quartered arms. Beautiful old cabinet tone. Lovely specimen. Very scarce in this condition. AU/XF. Est...700,00.

Kingdom of Castille and Leon. Juan II (1406-1454). Dobla de la Banda. Sevilla. (Bautista-791). Anv.: + IOHANES ✿ DEI ✿ GRACIA ✿ REX ✿ LEGIO. Rev.: + IOHANES ✿ DEI ✿ GRACIA ✿ REX ✿ CASTEL. Au. 4,58 g. S on reverse. Legends separated by rosettes. Slabbed by NGC as AU 58. Est...1500,00.

Kingdom of Castille and Leon. Enrique IV (1454-1474). 1/4 real. Cuenca. (Bautista-937). (Imperatrix-E4:30.21). Anv.: XPS : UI : NCIT : XPS ·:· RENA · . Rev.: E : NRICVS : CA · RTS : DEI : R. The legend begins with a rectified X between the E and the R. The engraver probably started engraving the XPS reverse legend by mistake. Ag. 0,83 g. Crowned lion. Bowl between lion´s paws. A very good sample, one of the best known. Of the highest rarity. Choice VF. Est...1000,00.

Kingdom of Castille and Leon. Alfonso de Ávila (1465-1468). Dobla. Toledo. (Bautista-1090.1). (Abm-840.1). (Imperatrix-A:1.29, Plate coin). Anv.: DOMINVS : MIChI : ADIVTOR : ET : N. Rev.: ALFONSVS * REX * DEI * GRACIA * RE :. Au. 4,45 g. The helmet visor is up and the king wears crown, below rosette. Crowned lions. Slight wavy flan, otherwise a deep lovely color. Very rare, even more with this desirbale pedigree.

Acquired by Xavier Calicó in private deal in 1972.
Ex Golf Collection.
Ex Áureo & Calicó Selection 2019, lot 131, hammered for 30.000 €. XF. Est...30000,00.

Catholic Kings (1474-1504). 2 maravedis. Coruña. F. (Cal-72, Plate coin). Ag. 4,38 g. Three dots above the castle, F between roels below and venera under the lion. Lion with very long tongue. Magnificent specimen. Ex Áureo&Calicó (30/04/2008), lot 1214. XF. Est...350,00.

Catholic Kings (1474-1504). 1/8 real. Granada. (Cal-153, same dies). Anv.: · FERNANDVS · D · G · REX ·. F coronada entre G y roel. Rev.: hELISABET · D · G : REG ·. Y coronada. Ag. 0,40 g.

Second known example. Light patina and a small bend at one of the edges. Extremely rare, of the highest numismatic interest and historical importance.

It would be a delight for any collector and an excellent opportunity to acquire a wonderful specimen that would be a highlight in any coin collection and we are sure we will not see it offered at auction for many years again. The other specimen (made with the same dies) was auctioned on December 12, 2018, by Áureo & Calicó as part of the Isabel de Trastámara collection, with a hammer price of €65,000.

This exceptional ⅛ real fraction, minted in the Granada mint under Christian rule, stands as a unique numismatic testimony to the political, economic, and cultural unification process undertaken by the Catholic Monarchs after the conquest of the Nasrid Kingdom in 1492. It belongs to the period of monetary reorganization led by the monarchy, aimed at strengthening royal authority through a uniform monetary system centered around the silver real.

Although the Pragmatic of Medina del Campo (1497) is the most well-known legal reference for this reform, its foundations can be traced back to the Pragmática of 1417 (under Juan II), which established the real as the basic monetary unit. From 1475 onward, the Catholic Monarchs revived this model and promoted the issuance of smaller denominations, such as this ⅛ real, to support local trade and circulation in newly incorporated territories.

What makes this coin particularly fascinating is its square shape—atypical within the traditional Castilian monetary system. This form may have been a deliberate strategy to emulate the old ¼ dirhams, which circulated widely in the Kingdom of Granada before its conquest. Thus, this small coin served as a cultural bridge, designed to facilitate its acceptance among the Mudéjar population, blending familiar aesthetics with the Christian symbols of the new rulers: Ferdinand’s yoke, Isabella’s arrows, and possibly the heraldic pomegranate or the “G” mintmark.

As such, this coin carries immense historical and symbolic value, embodying the intersection of civilizations during a pivotal moment in Iberian history. Its rarity, integrative purpose, and possible political significance make it a highly prized piece for collectors of medieval coinage and those interested in the Catholic Monarchs . Almost XF. Est...35000,00.

Catholic Kings (1474-1504). 1/4 real. Granada. (Cal-161). (Bautista-1229). Anv.: + REX · ET · REGINA · CAST · LE. Rev.: + REX · ET · REGINA · CAST· LEGIO. Ag. 0,79 g.

No king's name. Three roundels above the yoke. Nice patina. Very rare. Slabbed by NGC as XF 40. Only 1 finer specimen in the NGC census. Est...700,00.

Catholic Kings (1474-1504). 1/2 real. Cuenca. (Cal-Unlisted). (Bautista-1060, Plate coin). (Lf-E3.6.1). Anv.: (Parsley leaf) : FERNADVS : ET : ELISAB :. Rev.: (Fleur-de-lis) : D : G : REX : ET : REGINA : CASTEL. Ag. 1,64 g. Yoke between a C surrounded by three dots and a cow’s head (Francisco Becerril). Extremely rare. Almost VF. Est...750,00.

Catholic Kings (1474-1504). 1/2 real. Sevilla. Special issue struck for Santo Domingo. (Cal-272). (Bautista-1908). Anv.: + : REX : ET : REGINA : CAST : LEGIO : A : . A crowned F with a forked base topped by fleurs-de-lis. Above both and acoted the F, small 8-pointed stars with 14 pellets decorate the fields. Rev.: + : FERNANDVS : ET : hELISABET : D : G : .  A yoke above 7 arrows facing left. 4 pellets decorate the fields. Ag. 1,54 g.

We have found reference to only one similar piece in the last 20 years, which is also illustrated in Bautista’s catalogue.

The specimen we offer here comes from the same die and features a large flan with slight undulations. The legends are fully preserved.

We are convinced that this will be highly valued by collectors of this period. Extremely rare. Choice VF. Est...4000,00.

Catholic Kings (1474-1504). 1 real. Cuenca. (Cal-337). (Vidal Quadras-6580, Plate coin). (Bautista-1072). Anv.: FERNANDVS ET · hELISABT · D. Rev.: REX · ET · REGINA : CAST · LEGION ARAGN. Ag. 3,18 g. Wonderful old cabinet tone with bluish hues. Rare. Ex Vidal Quadras Collection, retains the original handwritten label. Ex Áureo&Calicó (04/12/2013), lot 1829. Choice VF. Est...800,00.

Catholic Kings (1474-1504). 1 real. Toledo. (Cal-459). (Bautista-2458). Anv.: FERNANDVS : ET : hELISABET : DEI. Rev.: DOMINVS : MIChI : ADIVTOR :·. Ag. 3,37 g. Before the Pragmatic. Eagle's head looking right. T under the shield. Crown with inner framework only on the reverse. Lions without crown and no marks on the reverse. Very round flan and attractive. Light toning. Very rare, more in this condition. Ex Soler y Llach (03/05/2011), lot 328. Almost XF. Est...1500,00.

Catholic Kings (1474-1504). 4 reales. Granada. (Cal-546 var). (Bautista-1328). Anv.: FERNANDVS : ET : hELISABET :. Rev.: REX : ET REGINA : CAST · LEGION : AR. Ag. 13,28 g. Shield between G-IIII and G on the reverse. Very round, with complete legends. Some weakness and slight double strike in some areas. Minimal edge bump. Gently cleaned. Only between 4 and 5 specimens known. Extremely rare. Almost XF. Est...4000,00.

Catholic Kings (1474-1504). 4 reales. Sevilla. (Cal-555, Plate coin). (Bautista-2147). Anv.: FERNANDVS : ET ELISABET : DEI GRA. Rev.: + REX : ET REREGINA : CAST : LEGION : ARAG. Ag. 13,76 g.

Shield between S-IIII. P flanked by dot and ermine on the reverse. Lovely old cabinet tone. Large flan and nice round struck. Very rare, even more in this state of preservation.

Slabbed by NGC as MS 62 (Top Pop), the finest known in the NGC census.

Ex Áureo&Calicó (18/10/2017), lot 1365. This coin is exempt from any export license fee. Est...5000,00.

Catholic Kings (1474-1504). 4 reales. Sevilla. (Cal-561). (Bautista-2161.5 var). Anv.: FERNANDVS · ET · ELISABET · DE. Rev.: + REX · ET REGINA · CAST · LEGION · ARAGON. Ag. 12,96 g. Shield between S-IIII. Star on reverse, between yoke and arrows. Large and very round flan. Scarce. Slabbed by NGC as XF Details, Cleaned. Ex Soler y Llach (15/10/2015), lot 482. Est...650,00.

Catholic Kings (1474-1504). 4 reales. Sevilla. (Cal-564). (Bautista-2140 var). Anv.: FERNANDVS · ET · ELISA :. Rev.: + REX · ET · REGINA · CASTELE · LE. Ag. 13,63 g.

Shield between S-IIII. Square d assayer on reverse. Full shield with all details perfectly defined. No areas of weakness. Full legends. Nice old cabinet tone. Excellent eye appeal. Rare in this condition. Slabbed by NGC as AU 55. Ex Soler y Llach (05/07/2011), lot 281. Est...900,00.

Catholic Kings (1474-1504). Double excelente. Granada. (Cal-706). (Tauler-139, same dies). Anv.: + FERNANNDVS : ET hELISABET : D : G : REX : ET REGIN. Rev.: · SVB : VNBRA : ALARVM PRO. Au. 7,03 g.

Fine style of the busts. Full legends, with double N in FERNANNDVS. Shield between cruciform globe and G. Very attractive. Rare, even more in this state of preservation. AU/XF. Est...5000,00.

Catholic Kings (1474-1504). Double excelente. Sevilla. (Cal-739). (Bautista-2243). Anv.: + (FER) · NANDVS ET · ELISABET · DEI GRACI. Rev.: SVB · VNBRA · ALARVN ·TVAR. Au. 7,04 g.

Ermine above, dot between the busts and S below. Surfaces are intact and lacking wear with full luster. The details of the shield and portraits are superb.

A superb specimen for the type with a very high and impressive grade for the period. Very rare in this preservation.

Slabbed by PCGS as MS 63 (Top Pop), the finest known in the PCGS census. This coin is exempt from any export license fee. Est...7000,00.

Catholic Kings (1474-1504). Double excelente. Toledo. (Cal-754). (Tauler-281a). Anv.: + FERNANDVS ` ET ` HELISABET ` DEI ` GRATIA ` REX. Rev.: SVBVNBRA ` ALARVM ` TVARVM ` PROTEGE ` NOS+'. Au. 7,04 g.

Superb strike with all details perfectly defined. Especially round, with immaculate surfaces and complete legends. The “L” of “ALARVM” corrected over a “B”. Beautiful color with excellent eye appeal and will attract the attention of high quality lovers. Very rare in this state of preservation. Mint state. Est...20000,00.

Catholic Kings (1474-1504). Double excelente. Toledo. (Cal-761). (Tauler-269). Anv.: + FERNANDVS : ET : ELISABET : D : G : REX : ET : RE :. Rev.: SVBVMBRA : ALARVN : TVARN : PROT. Au. 6,95 g. M between the busts and shield between M-T. Full legends. Nice color. Rare. XF. Est...4000,00.

Philip I and Joanna (1504-1506). 1 real. 1505. Bruges. (Tauler-32). (Vti-4). (Vanhoudt-197.BG). Anv.: PHS :Z: IOhANNA : DEI : GRA : REX :Z: REGIA. Rev.: CASTELE : LEGOIS :Z: ARChIDUC : AVST :Z: 1505. Ag. 3,40 g. Delicate patina. Attractive. A few specimens known. Slabbed by NGC as AU Details. Environmental damage. Est...3000,00.

Charles-Joanna (1504-1555). 1/2 real. ND (155?-1557). Mexico. O. (Nesmith-107). (Cal-54 var). Ag. 1,69 g. "Late Series," assayer O between monogram, oM to left, motto oP-oL-oV, king's name as CAROLRVS. Full legends and bold full inner details. Very rare.

Ex Stack's Bowers and Ponterio, January 2014 NYINC Auction, lot 10559. Retains the auction lot-tag. Choice VF. Est...700,00.

Charles-Joanna (1504-1555). 1 real. ND (1548-1556). Mexico. L. (Cal-72). Anv.: CAROLVS · ET · IOHANA · REGS. Rev.: + HISPANIARVM · ET · INDIARVM ·. Ag. 3,36 g. Shield between M-L. Lovely struck on a round planchet. Full legends. Nice patina. Very scarce in this condition. Slabbed by PCGS as AU 50, Ex S. P. Rutherford Collection. Est...800,00.

Charles-Joanna (1504-1555). 2 reales. ND (1548-1556). Mexico. L. (Cal-101). Ag. 6,79 g. Shield between M-L. Nice old cabinet tone. Attractive and scarce in this condition. Slabbed by NGC as AU 53. Ex Áureo&Calicó (4/25/2013), lot 1224. Est...700,00.

Charles-Joanna (1504-1555). 2 reales. ND (1554-1556). Mexico. O. (Cal-103). Ag. 6,85 g. Nice color. Attractive specimen. XF. Est...650,00.

Charles-Joanna (1504-1555). 2 reales. ND (ca. 1542). Santo Domingo. F/S-P. (Sedwick/Rudman-Tipo 2R.26, Plate coin). (Cal-106). (Vidal Quadras-6833, Plate coin). (Cy-3090). Anv.: CAR ◦:◦ OIVS ◦:◦ ET ◦:◦ IOANNA ◦:◦. Rev.: + REGIS : ISPANIARVM : ET : INDIARV. Ag. 6,82 g. F to the left, denomination II to the right of the shield. PL between the pillars, within a cartouche adorned with rosettes at its corners and surrounded by dots. Mintmark S to the left and P to the right of the pillars. Exceptionally well-centered strike with all details perfectly visible. Immaculate surfaces, free of corrosion or apparent wear marks, with only minor voids characteristic of the series. Wonderful old cabinet tone with slight bluish tones enhancing its excellet eye appeal. Slabbed by NGC as AU 55 (Top Pop), the finest known in the NGC and PCGS census.

Undoubtedly, this is a magnificent specimen of one of the most challenging two reales coins from the Spanish colonial coinage, with only a few known examples. Most of those have defects or corrosion and are rarely offered at auction. With an outstanding provenance, it is sure to delight any numismatic enthusiast.

Ex Vidal Quadras Collection, retaining the original handwritten label. Ex Áureo & Calicó Selection (03/20/2014), lot 136, retaining the auction lot-tag.
Legends are complete and highly interesting, possibly representing a transitional type, with the C of CAROLVS, the E of REGIS and ET, and the M of ISPANIARVM interpreted as a Gothic D rotated in various positions to form the desired letter. The V of CAROLVS resembles an inverted delta, and the L is depicted as an I.
This very specimen is referenced and photographed in the study by Cori Sedwick and Isaac Rudman on the Silver Coinage of Juana and Carlos of Santo Domingo, presented at the Historians and Numismatists Convention held in Santo Domingo in 2023. Est...15000,00.

Charles-Joanna (1504-1555). 4 reales. ND (1542-1548). Mexico. G. (Cal-128). Anv.: CAROLVS : ET : IOHANA · REGES. Rev.: + HISPANIARVM : ET : INDIARVM ·:. Ag. 13,20 g. Round flan and full legends. Soft grey patina. Rare in this condition. Slabbed by NGC as AU 55. Est...1500,00.

Charles-Joanna (1504-1555). 4 reales. ND (1548-1556). Mexico. L. (Cal-136). Anv.: CAROLVS · ET · IOHANA · REGES. Rev.: + HISPANIRVM ET · INDIARVM ·. Ag. 13,60 g.

Displaying a sleek dark pewter patina, well-centered, firmly struck and and escapes any distracting marks or evidence of wear, this is a charming example of a popular type. Very round flan. Slight double strike on the reverse. Rare in this condition. Slabbed by NGC as AU 55. Est...1500,00.

Charles-Joanna (1504-1555). 1 escudo. ND (ca. 1543). Sevilla. (Cal-196). (Tauler-24a). Anv.: IOANNA · ET · CAROLVS. Rev.: HISPANIARVM : REGES : SICILIAE. Au. 3,08 g. Shield between “S” and star. Tiny edge knocks on the shield. Nice color. Almost XF. Est...1800,00.

Charles-Joanna (1504-1555). 1 escudo. ND (ca. 1543). Sevilla. (Cal-197). (Tauler-25e). Anv.: IOANA · ET · KAROLVS :. Rev.: HISPANIARVM · REGES : SICILIE. Au. 3,37 g. Shield between star and “S”. Very round with fully preserved legends. Nice color. AU. Est...2500,00.

Charles-Joanna (1504-1555). 1 escudo. ND (ca. 1550). Sevilla. (Cal-198). (Tauler-23). Anv.: IOANNA ◦ ET ◦ CAROLVS ◦. Rev.: HISPANIORVM ◦ REGES ◦ SICILIAE. Au. 3,36 g. Shield between S and "square D". Full legends. Scarce. Slabbed by NGC as MS 61. XF. Est...2000,00.

Philip II (1556-1598). 1/4 real. ND (1568-1570). Lima. R. (Alonso Rincon). (Cal-94). (EMO-403.10, Plate coin). Anv.: PHILIPVS · II · HI. Rev.: SPANIARVM · E. Ag. 0,77 g. Struck on a broad round flan, this early Peruvian minor offers completely intact outer legends, a feature rarely seen for the type. The noted saltwater damage is fairly minor, and the coin presents exceptionally handsomely overall. Slabbed by NGC as VF Details, Saltwater damage. Ex EMO Collection. Ex Daniel F. Sedwick (18/05/2016), lot 921. Est...1200,00.

Philip II (1556-1598). 1/2 real. ND (1568-1570). Lima. R (Alonso Rincon). (Cal-115). Ag. 1,54 g. HISPANI / IARVM. Full legend and inner details. Very rare in this condition. Almost XF. Est...900,00.

Philip II (1556-1598). 1 real. ND (1568-1570). Lima. R (Alonso Rincon). (Cal-209). (S-L1). Ag. 3,45 g. Most of the legend visible. Dark patina. Rare. VF/Choice VF. Est...500,00.

Philip II (1556-1598). 2 reales. ND (1568-1570). Lima. R (Alonso Rincon). (Cal-333). Ag. 6,44 g. Assayer to left, P above and two dots below P-LVSV-T. Legends HISPAN/NIARVM. Very sharply struck and complete data. Slight double coinage on obverse and minimal corrosion. Nice grey patina. Very rare in this condition. XF/AU. Est...1500,00.

Philip II (1556-1598). 4 reales. ND (1568-1570). Lima. R (Alonso Rincon). (Cal-495). Ag. 13,21 g. Small assayer to left. P above PL-VSV-LT. Legends HISPA/NIARVM. Some area of weak strike, otherwise very good specimen. Rare. Choice VF/Almost XF. Est...1500,00.

Philip II (1556-1598). 8 reales. ND (1568-1570). Lima. R (Alonso Rincon). (Cal-651). (Calbetó-243 var). (Cy-3911). Anv.: PHILIPVS : II : D : HISPA. Rev.: NIARVM · ET · INDIARVM · REX. Ag. 25,51 g.

Assayer R to the left of the shield; on the reverse, above the waves, the denomination 8 in Arabic numeral, and in the center, the inscription PL/VSV/LT. Legends are complete, though somewhat weak in certain areas. An extraordinary obverse, considered among the finest known. Slight double striking and hairlines on the reverse. Fine transversal crack, more pronounced on the reverse, with some excess of metal. Extremely rare. Slabbed by NGC as AU Details, Obv. Tooled.

These coins are regarded as the first South American “dollars.” They were minted without explicit authorization and exhibit notable technical deficiencies — such as weight below the legal standard, irregularities in the die work (including double striking and cracks), the use of dies with spelling errors, and rudimentary engraving — which led to the rapid suspension of their production. They belong to the earliest 8 reales issues in the Americas, produced by assayers surnamed Rincón at the mints of Mexico (1538), Lima (1568–69), and Potosí (1575). Only three specimens are known from Mexico; those from Potosí number only a few dozen, while Lima pieces, such as this example, have fewer than ten registered specimens, making them iconic in colonial numismatics.

The Lima Mint was authorized by Philip II by Royal Order on August 21, 1565, although actual operations did not commence until September 1568. Under the direction of assayer Alonso Rincón — son of the renowned Rincón of Mexico — the mint was established in the local government building, which also served as a jail. On September 2, 1568, the die bearing the initial "R" was delivered, and the first silver deposits date from the 6th. In just over a year, more than 20,000 marks of silver were recorded, originating both from the Royal Treasury and a small group of local merchants known as "silver banks."

The mint’s activity was intense but brief and troubled. By late 1569, following an official inspection, various irregularities were detected, including the alleged misappropriation of seigniorage — the fiscal profit from minting — as well as the production of 8 reales coins not stipulated in the original regulations. Treasurer Lope de Mendaña was accused and convicted but later acquitted with a symbolic fine. Viceroy Francisco de Toledo later confirmed that, although not included in the initial ordinances, the mint was indeed authorized to produce duros (8 reales coins). After the scandal, operations ceased on October 11, 1569, and partially transferred to La Plata.

According to several specialists, including Paoletti, the striking of these exceedingly rare duros from Lima dates between 1568 and 1570. This specimen most likely corresponds to the brief and turbulent initial period, between September 1568 and October 1569. It is a piece of immense rarity, with fewer than ten specimens held in public and private collections, although no exact census has been published. Est...35000,00.

Philip II (1556-1598). 1/4 real. ND (1577-1588). Lima. (Diego de la Torre). (Cal-102). (EMO-423, Plate coin). Ag. 0,85 g. Shield between ★ and P. Variety with "★" mintmark on reverse to right of lion. Free of damage and almost devoid of circulation wear, this is an impressively original specimen. While it does feature some roughness and imperfect die state, the coin retains excellent legibility of the outer legends. Slabbed by NGC as MS 64 (Top Pop), the finest known in the NGC census. Ex EMO Collection. Est...1500,00.

Philip II (1556-1598). 1/4 real. ND (1574-1576). Potosi. R. (Cal-106). Ag. 0,84 g. Castle between P-R. Almost full legends. Very rare. VF. Est...500,00.

Philip II (1556-1598). 1/2 real. ND (1580-1582). Panama. PM. (Proctor-HR.1PM). (Cal-133). (Km-1). Ag. 1,40 g. A/P to the left, P to the right, and M below the complete crowned monogram. Good strike, well-centered with all details clearly visible. Delicate and attractive patina with traces of luster on the obverse. Broad flan with beautifully defined castles and lions. Unique issue with dual assayers, featuring large lions and a reverse legend with the inverted “D” in “INDIARVM.” From other auctioned examples, we know the obverse legend ends with a backward “D” followed by a dot.

This is a magnificent coin, certain to catch the eye of collectors of this period. Extremely rare, with only a few known specimens. Slabbed by NGC as AU Details, Environmental damage. All examples of this type are designated as “Details” by NGC, and this particular piece is ranked among the top 10 highest-graded specimens certified. It represents an excellent opportunity to acquire one of the finest known examples of this rare variety, which seldom appears on the public market. This coin is exempt from any export license fee. Est...15000,00.

Philip II (1556-1598). 2 reales. 1597. Granada. M. (Cal-329). (Jarabo-Sanahuja-A146, Plate coin). Ag. 6,74 g. Type OMNIVM. Value II lying to left, M/G to right. Inner frame on the reverse. The legend begins at 7h, with the date at 6h. Nice patina. Magnificent specimen for the type. Rare. Slabbed by NGC as XF 45 (Top Pop), the finest known in the NGC census. Ex Cayon (05/16/2012), lot 517. Est...1800,00.