MEXICO. "Royal" Presentation Cob 1/2 Real, 1720-Mo J. Mexico City Mint, Assayer Jose E. de Leon (J). Philip V. PCGS Genuine--Holed, AU Details.
KM-R24; Cal-198. The only certified example of the date in this format on either the NGC or PCGS census. This nicely preserved minor issue is quite handsome and original looking. The surfaces display an attractive old envelope patina with minor earthen deposits amongst the devices adding to it pleasing appearance. Like many from this series of presentation issues a small hole is noticed at 12 o'clock, but is hardly a distraction. Despite its shortcomings this EXTREMELY RARE and charming little silver coin is attractive with bold design features and an excellent provenance.
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From the Pat Johnson Collection. Ex: Miguel Munoz Collection (Superior - 6/1978) Lot # 364.
Estimate: $1000.00- $1500.00