MEXICO, Colonial. Juana y Carlos. Queen & King of Spain, 1506-1516. AR 4 Reales (32mm, 13.38 g, 7h). Early series. Mexico City mint; Francisco del Rincón, assayer. Struck 1537-1538. Good VF.

CNG Feature Auction 124
Lot: 915. Estimated: $ 2 500

World, Coin-in-Hand Video, Silver

Sold For $ 4 000. This amount does not include the buyer’s fee.

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MEXICO, Colonial. Juana y Carlos. Queen & King of Spain, 1506-1516. AR 4 Reales (32mm, 13.38 g, 7h). Early series. Mexico City mint; Francisco del Rincón, assayer. Struck 1537-1538. Crowned coat-of-arms / Crowned Pillars of Hercules; PLVS in oval lozenge at center. Nesmith 6b/6a (for obv./rev.); Menzell Mx-11; BW 8. Toned, usual double strike. Good VF. Rare. Among the earliest coinage of the New World and the first 4 Real struck in the hemisphere. Excellent condition for the type with a very clear strike.

On 18 November 1537 a royal decree authorized the minting of 4 and 8 Reales at the Mexico City mint, the earliest instance of these denominations in the New World. Only a handful of trial strikes were made for the 8 Real, making the 4 Real the largest collectable denomination from this issue and the first “half dollar” struck in this hemisphere.

The final winners of all CNG Feature Auction 124 lots will be determined during the live online sale that will be held on 19-20 September 2023. This lot is in Session Two, which will begin 20 September at 2 PM ET.

Winning bids are subject to a 22.5% buyer's fee for bids placed on this website and 25% for all others.

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