Lot 950 - Spanish Monarchy

Lot description

Ended

Philip V (1700-1746). 8 reales. 1737. Potosi. E. (Cal-1573). Ag. 16,66 g. Clipped in the late 18th century in North Africa, the 8 reales coin was widely circulated along international trade routes. Although there is no official documentation to confirm this, it is believed that these coins were clipped to extract silver, yet they remained internationally accepted for their purity and prestige. Clipped 8 reales coins represent a numismatic enigma, possibly linked to local monetary standards in North Africa. The analysis of specimens from places like Oran and Algeria suggests that their weight was reduced in a structured manner, with a pattern showing that the weight was reduced by 55-62% of the original: the 8 reales to 15-17 grams from their original 27.1 grams, and the 4 reales to 7-8 grams from their original 13.55 grams, pointing to a possible makeshift regulation. Some theories link them to the 1773 emissions from Tripoli. This mystery remains unresolved to this day. Choice VF. Est...300,00.

Starting bid $ 150 150 € |

SOLD: 480 €

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