Historical Background
Philip II (1556-1598). 1/2 real. ND (1580-1582). Panama. PM. (Proctor-HR.1PM). (Cal-133). (Km-1). . 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.
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