Lot 145 - Spanish Monarchy

Lot description

Philip II (1556-1598). 2 reales. ND (1582-1583). Panama. B. (Proctor-2R.1B). (Cal-362). (Km-3.3, no price). Ag. 6,68 g. A/P/II to the left, oB to the right of the shield. Very well struck considering the usual rusticity of the series. Shield, crown, and cross fully intact. Slight double striking on the reverse. Part of the legend is visible.

As with lot 143, we are confident it will appeal to collectors of this period. Undoubtedly, it is an exceptional opportunity to acquire a specimen rarely offered publicly.

Extremely rare, with only 4 to 5 known examples. Encapsulated by NGC as XF Details, Environmental damage.

In 1579, Philip II authorized the minting of silver coins in the city of Panama, establishing rules on their composition and design, including the use of the mintmark PA, with the A superimposed. Although documentation on this mint was discovered in 1952, its existence remained little known and went unnoticed by numismatists.

Recent research by J. Proctor confirmed it operated between 1580 and 1583, and that the cobs with crowned shields and the A over P mark correspond to its production.

These coins are extremely rare, with very few known specimens in all their variants. The identity of the assayers is unconfirmed, although it is suggested that Bernardino Rodríguez may have worked there in 1582-1583. This coin is exempt from any export license fee
. Est...10000,00.

Starting bid
4.000 €
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Current bid
4.000 €
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Bid history ( bids)

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